A mortgage loan is designed to give a customer an opportunity to secure/support his/her own long-term investment with available unencumbered real property.
|Maximum term||10 years|
|Loan amount||up to 70% of the pledged assets cost|
|Conditions||A framework for giving a mortgage loan is an income-expenditure analysis of the customer. Where there is enough income, the offer will be analysed by a customer surety. Where there is sufficiency of surety, and its liquidity is accessible, the bank can give a mortgage loan to a customer|
Calculation example keyboard_arrow_down
The initial annual percentage rate of a home loan is 6,60% on the following (example) conditions:
✓ the amount of loan of €50 000 is paid out immediately and in full
✓ interest rate of 6 months' Euribor + 6,0% per annum (as at 15.03.2019 the 6-month Euribor rate was (– 0,232%); under the terms of the contract, in case of a negative value, Euribor is considered to be equal to zero; Euribor may change every 6 months)
✓ contract fee of €750 is paid upon conclusion of the agreement
✓ the credit will be repaid as monthly annuity payments over a period of 8 years
The rate does not include costs associated with the establishing or insuring of collateral.
Show payment schedule.
* Please note, that calculations are informative
|Nr||Date||Loan Amount||Interest||Principal Payment||Total Payments||Outstanding Balance|