Mortage Loan

Fixed Interest Rate Loan for the Entire Loan Duration

Valid only for the Euro currency.

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

• Duration: Up to 15 years
• Maximum amount: 300,000 Euro
• Financing up to 85%
• Effective interest rate: 4.2%

Fixed Interest Rate Loan

a) Fixed for the first year: 2.90% in ALL and Euro
b) Fixed for the first 3 years: 4.50% in ALL and 3.50% in Euro
c) Income from salary/rent:

• In ALL: B.TH 12M + 1.5% (min. 4%)
• In Euro: Euribor 12M + 2.5% (min. 3.7%)

d) Income from business:

• In ALL: B.TH 12M + 1.8% (min. 4.3%)
• In Euro: Euribor 12M + 2.8% (min. 4%)

e) Other income:

• In ALL: B.TH 12M + 2.1% (min. 4.6%)
• In Euro: Euribor 12M + 3.5% (min. 4.7%)
• Maximum amount: 300,000 Euro
• Financing up to 85%
• Duration: Up to 30 years

Total Loan Value

• Minimum 4,000 Euro & equivalent in ALL, up to a maximum of 300,000 Euro & equivalent in ALL

Effective Interest Rate

• Up to 5.31% in ALL
• Up to 6.33% in Euro

Commissions or Fees Included in Total Cost

• Administration cost: 1% of the loan value with a minimum of 5,000 ALL or 50 EUR.
• Property evaluation depending on the type of property. The evaluation fee is determined according to the pre-contractual information.
• Notary cost depends on the number of contracts notarized and the fees of the notaries selected by the bank.
• Property encumbrance registration cost in the mortgage office according to prices published by the Real Estate Registration Office.

Loan Collateral

• Real estate mortgage covering 125% of the loan value.
• Deposit covering 110% of the loan value.
• A co-borrower is required.
• Life insurance for 100% of the loan and property insurance for 110% of the loan.

Documents

• Proof of income (from salary, business, rent, or any combination thereof)
• Identification documents (ID or Passport)
• Collateral documents