A loan to buy a property or land is conditioned by different factors. A mortgage credit simulator of the main banks allows you to project the conditions of a mortgage loan according to a series of established factors.
The information of a mortgage credit simulator is referential and subject to change, so the 100% accurate information is what a bank would give you once you apply for a mortgage loan. Meanwhile, if what you want is to have an idea of the expenses you would face monthly with each bank, the mortgage credit simulator is the tool you are looking for.
Benefits of a mortgage credit simulator
It will allow you to know your financing possibilities quickly. You will be able to know the value of the monthly installments that you would pay by choosing between different variables of property value, credit amount, term, monthly net income and monthly payments of other credits. If you were missing, your family would have to keep paying the credit! The best prognosis is that nothing happens, but, you never know, so please pay for peace of mind insurance. Prepare for the moment you decide to apply for a mortgage loan.
Mortgage Credit Simulators
Below you will find the mortgage credit comparator / simulator for (10) of the main banks in Colombia. See mortgage credit simulator main banks in Colombia. The simulator in the previous link described is for informational purposes and the values shown are approximate. Each Bank has designed its calculator or simulator according to the needs of each lender. The fees, rates and / or amounts indicated are referential and may vary according to different factors. The final terms and conditions of your application will be defined by each bank and will depend on the result of the credit evaluation, risk profile, disbursement currency, among other factors.