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Insurance

nosmo-king · 2008-01-22 17:00:15

How much mortgage insurance should one expect to pay per month on a mortgage of approx € 25000. I think there is about seven or eight years left on mortgage. Any ideas

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22-01-2008 6:00pm

#1

nosmo-king

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How much mortgage insurance should one expect to pay per month on a mortgage of approx € 25000. I think there is about seven or eight years left on mortgage.
Any ideas

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#2 22-01-2008 10:36pm
broker2008

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By mortgage insurance I presume you mean life insurance or mortgage protection ? If so it is age, sex and smoker status related. The older you are the higher the premium, males pay more for life insurance than females, smokers pay more.

A small mortgage like that with 8 years left would be minimum premium of about 12 euro per month whether you are 30 or 40, smoker or non smoker. Higher death benefits will show differences of premiums.

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