Tips for a good portfolio

Tips for a good composition

1. Do not take loans that offer more than 50% of your mortgage in floating rate (variable rate).
2. Take a fixed rate loan for up to 20 years only.
3. Plan the start of your repayment based on the date of funds release, savings and investments.
4. Be prepared to pay a monthly amount of 1,000 shekels for each 200,000 shekels loan (for a loan of 1,000,000 shekels, a minimum portfolio of 5,000 shekels will be required).
5. The monthly repayment of the mortgage must not exceed 1/3 of the net salary of a household.
6. Build a portfolio that suits you and not banks.
7. Do market research with banks based on your composition / combination.
8. Check the profitability of mortgage refinancing every two years.
9. Take out insurance with an insurance agent and not the bank. Your mortgage insurance is a budget.
10. A mortgage is like organizing the wedding table plan: a week before, it is hard and then you’ll pay for it all your life…

Or … take a professional mortgage advisor and avoid headaches.

Itay Mardix – Financial and Mortgage Advisor.
Phone number – 052-6007476
Office – 074-7419441