Day: May 31, 2024

first mortgage tips

Top tips for your first mortgage

Getting your first mortgage is always daunting. The process is never going to be stress free, but our advisors at Frank Mortgages are here to help and support you throughout the purchasing journey.

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Assumptions

In order to create these results, we have had to make a few assumptions:

1) Interest is charged monthly.

2) Interest rate stays the same over the term.

3) If you selected ‘Interest only’, we assume your standard monthly payment doesn’t decrease even if you pay off some of the balance.