Hi Guys,
Im back to college as a mature student in a few weeks and will need a big loan upto 100k.
Can someone tell me what a good rate would be to get?
I was quoted the ECB rate+ 1.5% which was about 3.05% as i recall.
I have some cash saved. Im debating whether i should spend this on years 1 and 2 and hopefully not touch any bank money til years 3 and 4
Would this make sense?
Im also thinking about doing some travelling in years 3 and 4 (Im going to be a doctor, and need to pass exams to work in the states), so would it make sense to withdraw the banks money and keep my savings for this travel?
Apparently the bank are very flexibile on when the money is paid back. If there's such a thing as cheap money, could this be it?
Thanks for your help
J
Im back to college as a mature student in a few weeks and will need a big loan upto 100k.
Can someone tell me what a good rate would be to get?
I was quoted the ECB rate+ 1.5% which was about 3.05% as i recall.
I have some cash saved. Im debating whether i should spend this on years 1 and 2 and hopefully not touch any bank money til years 3 and 4
Would this make sense?
Im also thinking about doing some travelling in years 3 and 4 (Im going to be a doctor, and need to pass exams to work in the states), so would it make sense to withdraw the banks money and keep my savings for this travel?
Apparently the bank are very flexibile on when the money is paid back. If there's such a thing as cheap money, could this be it?
Thanks for your help
J