Funding to improve occupational health and safety cognition financial

Economic contribution, disbursed as a capital account loan, for an amount of up to € 100,000 for the improvement of occupational health and safety levels.

This Notice aims to encourage companies to carry out projects for the improvement of occupational health and safety levels. By improving the levels of health and safety at work we mean the documented improvement of the health and safety conditions of workers with respect to pre-existing conditions and which can be found in what is reported in the assessment of company risks.

Beneficiaries

The recipients of the contributions are companies, including individuals, located throughout the national territory registered with the Chamber of Commerce, Industry, Crafts and Agriculture.

Aid intensity

The capital contribution is equal to 50% of the admitted expenses.

The contribution is calculated on the expenses incurred net of VAT.

In any case, the maximum grant payable is € 100,000.

The minimum admissible contribution is € 5,000. For companies with up to 50 employees who submit projects for the adoption of organizational and social responsibility models, the minimum spending limit is not set.

Eligible expenses for the Financing

All expenses directly necessary for the realization of the project, as well as any ancillary or instrumental expenses, functional to the realization of the same and indispensable for its completeness, are eligible for contribution.

The expenses, documented, must be directly incurred by the applicant company whose workers and / or owner benefit from the intervention.

Any technical expenses are also eligible to contribute, within the specified limits.

The expenses admitted to the contribution must refer to projects not carried out and not in progress as of March 14, 2013.

Resources Available

The resources for the year 2012 INAIL are 155.352 million euros divided into regional budgets.

Deadline

Applications must be submitted no later than 14/03/2013.

Summary of the announcement

Summary of the announcement

• Beneficiaries: Companies

• Amount: for each project the maximum amount is 100,000.00 euros

• Type: Capital account financing

• Expiry date: 14/03/2013

• Geographic Area: All of Italy

• Available Resources: € 200,000.00

Financing Information

Mortgage Rates – Situation in January 2013 cognition financial

axes on mortgages proposed by banks: monitoring of the situation as of 05/01/2013.

The solutions proposed below are those considered most advantageous. To complement everything, we provide you with some brief considerations on the trend in rates and the opportunities that may arise.

Remember to evaluate each offer personally and with the help of the bank, because each loan proposal is subject to clauses. Furthermore, any promotions may no longer be valid.

The article does not take into account the costs of investigation or expertise: the analysis is carried out exclusively on the rate.

The simulation is made for a first home purchase (worth 200 thousand euros), for a loan of 100 thousand euros, with the applicant’s age equal to 30 years.

The proposed rates were actually offered as of 05/01/2013, on the website www.mutuionline.it

Fixed Rate – Simulation January 2013

Duration: 20 years

WEBANK: 5.25% (IRS 20A + 3.00%)

IW BANK: 5.25% (IRS 20A + 3.00%)

BANCO POPOLARE GROUP: 5.25% (Finished rate)

Duration: 30 years

IW BANK: 5.31% (IRS 30A + 3.00%)

WEBANK: 5.39% (IRS 30A + 3.10%)

BARCLAYS: 5.40% (IRS 30A + 3.05%)

Floating Rate – Simulation January 2013

Duration: 20 years

INTESA SANPAOLO: 2.91% (Euribor 1M + 2.80%)

BNL – BNP PARIBAS GROUP: 2.96% (Euribor 1M + 2.85%)

DEUTSCHE BANK: 3.04% (Euribor 3M + 2.85%)

Duration: 30 years

DEUTSCHE BANK: 3.04% (Euribor 3M + 2.85%)

BARCLAYS: 3.09% (Euribor 3M + 2.90%)

WEBANK: 3.19% (3M Euribor + 3.00%)

Floating Rate With Cap – Simulation January 2013

Duration: 20 years

WEBANK: 3.49% (Euribor 3M + 3.30%) Cap: 6.50%

IW BANK: 3.59% (Euribor 3M + 3.40%) Cap: 6.10%

BIPIEMME GROUP: 3.64% (3M Euribor + 3.45%) Cap: 6.00%

Duration: 30 years

WEBANK: 3.59% (Euribor 3M + 3.40%) Cap: 6.50%

BIPIEMME GROUP: 3.64% (3M Euribor + 3.45%) Cap: 6.00%

IW BANK: 3.69% (Euribor 3M + 3.50%) Cap: 6.10%

New year, old rates … There are no changes compared to the rates offered in December 2012. The spreads applied remain high: if you choose a variable with a Cap, do not consider only the best spread, because too much cap could be applied to it high. For long durations a low Cap is much better, even if the spread is not the best on the market.

The fundamental parameter to consider when taking out a mortgage is the expectation of future earnings (and savings). Any long-term forecast on Euribor is subject to mood swings and may be wrong.

Mortgage overview: the best rates of January 2013 cognition financial

At a glance, find and compare the various mortgage offers based on the customer’s age, amount requested, rate and duration of the loan

The banks, in granting the loan, evaluate various factors that lead to fix a rate rather than another. A mortgage deemed more risky will clearly be granted at a higher rate.

Based on the characteristics of the customer and of the loan, the variables considered are truly multiple (there are banking institutions that, following a customer interview, even obtain a rating of the loan applicant), however there are some basic parameters that allow us to categorize our needs and have a rough idea of ​​the mortgage obtainable.

What are the most important factors to consider?

• Age at signing: trivially, how old is the person taking out the loan?

• Loan To Value (LTV): is the ratio between the loan requested and the value of the property as collateral. Example: if I ask for a loan of 100 thousand euros for a house worth 200 thousand, then LTV = 0.5 (50%)

• Duration of the loan: how long does the loan last?

Based on the factors indicated above, we present two very simple tables with some real cases, obtained from MutuiOnline, with the best rates offered in January 2013. Compared to December 2012, there are no important changes.

Best Offers for FIXED RATE Mortgages

Best Offers for VARIABLE RATE mortgages

A travel companion named spread cognition financial

When repaying a mortgage, you have to live with the spread, which, set at the start, remains constant for all installments.

A well-known advertising slogan read “A diamond is forever”. Fortunately, a mortgage does not last for a lifetime, but often accompanies us for 20-30 years.

For all this time, if the mortgage is at a variable rate, the reference parameter on which the installments will be calculated will presumably be the Euribor, which varies daily. To this must be added the spread which, on the contrary, is fixed by the bank at the time of signing the contract and remains constant for the entire duration of the loan.

In 2012, the average value of the spread applied exceeded 3% (although lately the best offers have a slightly lower spread of 3%). For now, the weight of the spread perhaps goes unnoticed by most, because the Euribor is at an all-time low, but keep in mind that, when the Euribor rises, the overall mortgage rate will reach record levels never seen since the single currency has existed.

• Year 2008

The average spreads applied were around 1%. A mortgage with these characteristics today has an enviable total rate of 1.10 – 1.30%. A luxury compared to those who are forced to take out a mortgage nowadays.

• Late 2008 – Mid 2011

The crisis in the real estate market (which first broke out in the US) has meant that, starting from the end of 2008, the average spread applied rose to around 1.50%. This value was practically the practice until summer 2011, a period in which the European sovereign debt crisis made itself felt heavily in our coffers.

• Late 2011 – Today

The Italian banks have raised (suddenly, not gradually) the spreads to 3% or more. The European crisis has resulted in a crackdown on the banking level and the institutions have chosen to protect themselves strongly against the risk of insolvency of their customers.

To clarify how much such a spread costs in terms of installments, let’s take a numerical example.

Mortgage 100 thousand euros, 20 years, Eur3M rate (0.20%) + 3.00%

Installment: 564.66 Euros

of which: € 139.57 due to the spread

If today the same loan could be stipulated, under the same conditions as in 2008 (spread 1%), the installment would be equal to 468.87 euros, of which only 43.78 due to the spread.