How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jo C. Your Own Question
Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
12826847
Type Your Law Question Here...
Jo C. is online now

I borrowed 333000 from my mortgage provider period of

Customer Question

I borrowed 333000 from my mortgage provider for a period of 30 years the total amount repayable is 850,564.80 euro !! the cost of this credit is 517,564.80 .is this bordering on
extortion? I have paid 134000 in interest
Submitted: 1 year ago.
Category: Law
Expert:  Ash replied 1 year ago.
Hello my name is ***** ***** I will help you.
Is this a repayment mortgage? Is it fixed or variable interest? What is the current rate?