Real estate credit: these borrowers who have every interest in renegotiating their rate now

Banks are preparing to send to brokers their mortgage rate scales for February. Some would start to go up, after a continuous drop for 14 months. The opportunity or never, perhaps, to renegotiate your loan.

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At the end of January, the banks are preparing to send their scales of mortgage rate For February to brokers. “There are rumors that Some would raise their rates»»after 14 consecutive months of decrease, breath to Capital Sandrine ALLONIER, spokesperson for Vousfinancer. “”The strongest of the decline is undoubtedly behind us and the last scales are rather stable, even, on the fringes, slightly bullish ”, Confirms Maël Bernier, Director of Bestaux Communication. Who “Encourage” therefore households having borrowed more than 4% to be carried out now “Simulations” for a renegotiation From their credit, before possible rates, for some profiles anyway.

The interest of renegotiate his loan depends on three main conditions. Starting with the scale of the difference between the rate you have subscribed to your credit and the one you can claim today. It takes at least one of the gap, warns Bettertaux. One point, and even a little more, it is precisely the gap between the mortgage rates of January 2025 and their level of autumn 2023, when they had exceeded the threshold of 4%, against the background of rampant inflation . A difference of 0.7 points may be enough If the starting loan amounts to at least 250,000 euros and its duration is equal to or more than 20 years, nuances the broker. Indeed, “The higher the amount and duration of the credit, the more the economy made (thanks to the renegotiation of the rate) will be notable”he underlines.

Station to the costs associated with the renegotiation of credit

Second condition for the renegotiation worth the sentence, the remaining capital must rise to At least 70,000 euros. Tertio, you must find yourself in the first third of the loan reimbursement. Consequently, at present, the credits that deserve to be renegotiated are those which were taken out about 18 months ago, at more than 4%, for amounts greater than 250,000 euros, according to Bestaux. Which reminds borrowers attempted by a renegotiation of not forgetting the associated costsnamely the early reimbursement allowances of the initial credit and the guarantee of the new loan.

Bestaux cites the example of a loan of 280,000 euros, over 20 years, contracted in November 2023 at the rate of 4.45% excluding insurance. The borrower thus reimburses 1,764 euros each month and the total cost of the credit, over its duration of 20 years, reached 143,329 euros. A renegotiation in January 2025, at the rate of 3.35%, over the remaining duration of 18 years and 10 months, reduces the repayment monthly payment of 41 eurosat 1,723 euros. But the borrower will have to pay 6,157 euros in anticipated reimbursement penalties to the bank which had granted him the first credit, the new bank, which offers him the rate of 3.35%, buying the 278,546 euros in capital remaining to be reimbursed . Another cost for the borrower, the 5,694 euros required to guarantee the new loan, with housing credit for example. In total, the borrower will still save 26,855 euroson the duration of the credit, thanks to the renegotiation of the rate.