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Advice on Mortgage Loan at best rates


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Hello,

I currently own several properties in Thailand that are fully paid for and generating a solid rental return.

I have come across an opportunity to purchase another property and I am considering taking out a mortgage instead of using my savings for this investment.

I have approached Kasikorn Bank for a loan, but I was taken aback by their repayment terms. The mortgage repayment period offered is fixed at 5 years with an interest rate of 9% per year (45% total).

I am seeking advice on whether there are other options available with more favorable interest rates for a loan amount of approximately 8 million Baht.

Thank you in advance for any guidance you can provide.

 
 
 
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