ANSA Bank mortgage questions

If ANSA Bank is on your shortlist, compare the full borrowing cost with the monthly payment. The deposit, fees, valuation and insurance can change what the purchase costs at the beginning.

Before you apply

Ask what deposit is expected for the property you are buying and whether the required contribution changes by property type or applicant profile.

Work out the cash needed at closing

Add the valuation, legal work, insurance, processing charges and any other lender costs to the deposit. The mortgage amount is only part of the money needed to complete a purchase.

Ask how the rate works

Find out whether the quoted rate is fixed, variable or promotional and what could cause the monthly payment to change later.