Overseas mortgage payments. Can HiFX help?
Let’s assume that the payments on your overseas mortgage are €1,200 each month*
|
|
Main Stream Bank |
HiFX |
| Exchange rate |
€1,200 @1.31 = $1572 |
€1,200 @1.31 = $1570 |
| Commission charge |
2% = $31.44 |
FREE |
| Transfer fee |
$25.00 |
FREE |
| Total you pay |
$1628.44 |
$1572.00 |
In this example, with HiFX you could save up to $56.44 each month or $677.28 every year.
Over the typical life of a mortgage (15 years) you save $10,159 on bank charges alone!*
*Figures are for illustration purposes only and may not reflect present rates and bank charges.