French mortgage rates for May 2021

France borders to reopen on June 9th to international travelers

President Emmanuel Macron laid out a plan for the reopening of France which will allow international travelers to visit the country for the first time in over a year.

All non-EU visitors will be allowed to enter France for any reason–including family visits, tourism and visits from second-home owners.

From June 9, France will open its borders to non-E.U. tourists and visitors with a pass sanitaire (health passport). The passport would show that a traveler either has a vaccine certificate or a recent negative COVID-19 test result.

Cafés, bars and restaurants will be allowed to reopen indoor spaces, with a maximum of six people per table and the curfew will be extended to 11PM.

However, the French authorities warned that the Covid-19 infection numbers must be under control by then.

France currently has as many people in ICU beds as it had in April 2020 and the daily infection rates are still hovering the 30,000 mark.

Our dedicated team of brokers can determine your mortgage capacity and review the efficiency of your financing to ensure you are receiving the right mortgage solution for your purchase in France.

Current mortgage rates for May 2021

Fixed rate(1)  Term Monthly repayment

for 10 000€ borrowed

1.10% 10 years / 120 months 88.04€
1.20% 15 years / 180 months 60.73€
1.40% 20 years / 240 months 47.80€
2.15% 25 years / 300 months 43.12€

(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.

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