What do you need to check when you compare many kinds of apartment loan from various banks?
Loan amount for real estate would be pretty big. So a little difference of interest rate could have a huge impact on your cash flow. Choosing a low interest rate brings up your rental profit.
If a loan amount is big, you can use a leverage effect which speeds up asset expansion.
Repayment period is a key factor. To maximize your cash flow, a certain length of loan period is needed.
Short period has a higher risk of being default.
◆Possibility for Loan Prepayment
Make sure if loan prepayment is possible and how much the fee is.
◆Individual or Corporate
Make sure if only individual or corporate name can be used for a loan.
To expand Real Estate Investment, applying for loan as a corporate is going to be important and necessary.