The reality of Vasil, with a variable mortgage 450 euros more expensive: “We hired a financial trap”

People who have contracted a variable mortgage have been suffering severe increases in their monthly payments for months, with especially serious situations such as those suffered by Basil. Overnight, your mortgage raised 450 euros.

“When the Euribor rises, each time we have less money to live“, he confesses. For Vasil Trachuk, the variable mortgage is a “financial trap“. In their case, they have been paying it for 17 years, which does not prevent them from having a complicated situation.

And it is that, in case of selling their home, they could continue to owe the bank around 20.000 euros that they would have to continue paying the bank even without owning the house.