Housing Loan in Euro

Housing loan with a Fixed Interest Rate for the Entire Loan Term

*Valid for EUR currency only.

a) Income from salary/rent: 4.00%
b) Income from business activity: 4.50%
c) Other income: 5.00%

• Loan maturity of up to 15 years
• Maximum loan amount: EUR 300,000
• Financing of up to 85%
• Effective interest rate (APR): 4.2%

Illustrative Example

Fees or charges included in the total cost

• Administration fee: 1% of the loan amount, with a minimum of ALL 5,000 or EUR 50.
• Property valuation: Depending on the type of property. The valuation fee is determined in accordance with the pre-contractual information.
• Notarization costs: Depending on the number of contracts to be notarized and in accordance with the fees of notaries selected by the Bank.
• Property registration (mortgage blocking) costs: In accordance with the fees published by the State Cadastre Agency (ZRPP).

Loan Security

• Mortgage over real estate covering 125% of the loan amount.
• Cash deposit covering 110% of the loan amount.
• A co-borrower is required.
• Life insurance covering 100% of the loan amount and property insurance covering 110% of the loan amount.

Documents Required

• Proof of income (from salary, business activity, rental income, or any combination thereof);
• Identification documents (ID card or passport);
• Collateral documentation;

The Bank reserves the right to request additional documents if deemed necessary.

Here you may download the pre-contractual information for the purchase and construction of a home.