French mortgage rates for May 2020

On March 17th, French authorities took the unprecedented decision to confine people in their homes to deal with the COVID 19 epidemic.
The impact on the property market was immediate as estate agents stopped showing properties.

All house visits are delayed until the end of confinement on May 11th but our team of brokers and our financial partners have continued to work remotely.

We can define borrowing capacity and provide agreements in principle for our clients while you wait to visit a property.

Our current outlook doesn’t include a significant increase in mortgage lending rates in the coming months unless the banks were to reduce the volume of mortgage loans granted.

Current mortgage rates for May 2020

Fixed rate(1)  Term Monthly repayment

for 10 000€ borrowed

0.75% 10 years / 120 months 86.52€
1.00% 15 years / 180 months 59.85€
1.20% 20 years / 240 months 46.89€
2.50% 25 years / 300 months 44.86€

(1) The indicated rates are given for information purposes and are based on the latest bank rates of one or more of our partners. The rates in the table above do not include the ancillary cost as notary fees, guarantees, insurance and intermediation.

Submit your request for information

With no commitment on your part, submit your detailed request in order to obtain the best financial solution for your project. Our French mortgage specialists will contact you within 24 hours.