Open a bank account in Israel
Open a bank account in Israel serves multiple purpose as: – Daily operations – Transfer of funds preceding a potential real estate deal, etc……
“Bullet” – payment based on int rate only
Many of us are familiar with the typical loan formulas: vehicle loans, for a property or pledge of a bank account. But how many…
The Prime rate of the Central Ba Israel
The prime rate, which is usually marketed by banks (not to be confuse prime) results from the interest rate published by the Central Bank…
Mortgage in a foreign currency
This rate in foreign currency is considered a variable rate, because it period is inferior to 5 years. Indeed, from one bank to the…
Indexed for inflation
This rate is considered a variable rate, because it’s revision period is inf years. Indeed, from one bank to the other, it can be…
Fixed Interest Rate
As indicated in the name, the fixed interest rate is not indexed to an currency. The time and the monthly payments remain “fixed”, so…