• the acquisition of a building (apartment, house) for residential use or for professional and residential use; 
• repairs, improvements and maintenance to the property acquired;
• the acquisition of land for the construction of a building for residential use or for professional and residential use.

The loan granted by Kredit Konnect can be used to finance your primary or secondary residence, or for rental investment.

The traditional mortgage can be taken out on its own, or with additional loans such as the PTZ (prêt à taux zéro). The PTZ allows you to finance part of your purchase interest-free.

The importance of the mortgage rate:

The cost of your real estate project takes into account various elements such as :

• Amount borrowed ;
• The interest rate ;
• Loan insurance rates ;
• Application fees ;
• Notary fees ;
• Real estate agency fees, if any.
  

  The interest rate on your loan is of major importance, as it will have a decisive impact on the amount of your monthly repayments, and the total cost of the loan. The table below shows a simulation of a €200,000, 20-year mortgage with an insurance rate of 0.34%.

  Property rates	Monthly payments	Total cost of credit
  2,20 %	1 087 €	60 997 €
  2,35 %	1 102 €	64 460 €
  2,51 %	1 117 €	68 187 €

  Mortgage rates vary from one bank to another, and according to the geographical area in which the bank is located. Negotiating your mortgage rate, or comparing rates with the help of a broker like Meilleurtaux to get the best rate, can therefore save you money. And of course, it’s essential to build up a clear and precise file before applying for financing, and to optimize your borrowing profile.