Repurchase of credit over 10 years
Redeem your different credits and opt for a new repayment term: 10 years for example.
Repurchase of credits over 10 years (120 months)
The repurchase of credit makes it possible to rebalance a budget by setting up a loan presenting a single rate, a reduced monthly payment and a new repayment term which can spread over 10 years. The advantage of this solution is to propose a schedule that can meet the expectations of the household. If the client wishes to spread his repayment over 10 years (120 months), he can make the request to his advisor and he will support his analysis over this period. The interest being to respect the wish of the borrower to obtain a repurchase of credit over 10 years, the analyst will have to find the offer offering the best rate and allowing a refund of the financing in the best possible conditions. Whether for a homeowner borrower or tenant of his home, each financial advisor has real expertise that can support each type of customers, and therefore best meet their expectations for the purchase of loans.
Several factors can play over time, for a credit surrender is eligible for 10 years, the borrower must have a debt capacity to repay the monthly payment over this period, the rate must be appropriate to the offer of repurchase of loans and finally, the amount of the new project (optional) must be consistent with the duration of 120 months.
Practical fact sheet: duration 10 years
|duration||10 years (120 months)|
|Type||Redemption of credits|
|New project||Yes (optional)|
Repayment of the monthly payment over 10 years
The final repayment term of a credit pool will be determined based on the household’s repayment capacity. For example, a tenant borrower who has to repay its financing up to 70 000 € (credit + insurance + expenses) will have a maturity of 583.33 € over ten years. In this monthly payment will be included the total amount to be reimbursed, the expenses related to the intermediation and the insurance of the loan. For any request for information on a grouping of credits, you can contact a counselor on 0800 860 860 (free call from a landline) or even try our simulator online.