Mortgages for individual retirement repay loans?

We have two apartments, one in Marseilles, one in Toulon with a total value of 280,000 Euros. We would be interested in mortgages because we want to repay our loans and consumer loans for a total of 120,000 Euros. Our retirement income is 2200 Euros per month. Out of our repayments are monthly charges 1000 Euros all inclusive.

Answer: I do not recommend rechargeable mortgage loans to repay in advance (financial product not suitable to your financial situation). It makes more sense to sell one property and live with a budget less tight. Otherwise, consolidation loans helps reduce the monthly repayment.

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