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You are buying a home and putting a loan application together

Buying a home and financing the loan

A loan application is prepared in order: what you can borrow, what the monthly payment really costs once insurance is counted, the rate beyond which a bank may not lend, what a zero-rate loan adds, and the notary fees that cannot be financed. Refinancing comes later, once rates have moved. 10 steps, from borrowing capacity to the supporting document.

Start here: Financing a property purchase

Understand: how a purchase is financed, and what the zero-rate loan changes

  1. Step 1 of 10
    CoursePaid individually26 min

    Financing a property purchase

    The 35 % debt burden cap binding on the lender and the flexibility margin few borrowers know is earmarked, the usury ceiling that is computed rather than decided, and the "notary's fees" of which the notary keeps 16 %. Three modules on a 260 000 € purchase. All the prose is free to read; the case study and quizzes are sold.
  2. Step 2 of 10
    CoursePaid individually25 min

    Funding with a zero-interest loan

    A 34 500 € ceiling that the household coefficient raises to 62 100 €, a deemed income equal to the purchase price divided by nine, and the same file opening 97 200 € in a flat against 48 600 € in a detached house. Three modules and one case costed end to end. All the prose is free to read; the case study and quizzes are sold.

Cost it: borrowing capacity, monthly payment, APR, usury rate, zero-rate loan, notary fees, refinancing

  1. Step 3 of 10
    CalculatorFree result

    Mortgage borrowing capacity calculator

    Your maximum monthly payment is 35% of your net pre-tax income, minus your current loan payments; the borrowable capital follows from the rate, the term and the insurance.
  2. Step 4 of 10
    CalculatorFree result

    Mortgage payment and total cost calculator

    Enter the principal, nominal rate, term and insurance rate from your offer: you get the constant monthly payment, with and without insurance, and what the loan will cost you overall.
  3. Step 5 of 10
    CalculatorFree result

    APR and total cost of credit

    Enter the capital, nominal rate, term, fees and insurance from your offer: the calculator solves the actuarial equation set by the French consumer code and returns the APR, the insurance APR and the total cost of the credit.
  4. Step 6 of 10
    CalculatorFree result

    Applicable usury rate

    A loan is usurious as soon as its APR exceeds the usury threshold for its category, that is the previous quarter's average effective rate increased by one third.
  5. Step 7 of 10
    CalculatorFree result

    French zero-interest loan (PTZ) calculator

    Your PTZ is the cost of the operation, capped by your zone and the number of people housed, multiplied by the share attached to your income bracket.
  6. Step 8 of 10
    CalculatorFree result

    French notary fees and transfer duties calculator

    For an existing home, acquisition costs combine the departmental duty (4.5% in most departments), the 1.2% municipal tax, assessment fees of 2.37% of the departmental duty, the 0.1% land registry contribution and the notary's fees by bracket, including 20% VAT.
  7. Step 9 of 10
    CalculatorFree result

    Mortgage refinancing

    A lower rate is not enough: the calculation weighs the interest saved against the cost of the operation and gives the month it becomes worthwhile — free of charge.

Evidence: the proof of address the application asks for

  1. Step 10 of 10
    FormFree5 min

    Sworn statement of address: free template

    Generate your sworn statement of address for free (Word and PDF): when it suffices, when a named proof is required, mandatory wording and mistakes to avoid.

The other paths

A different procedure, the same principle: the three pillars in order.

Read in French