LOAN TERMS:
- Maximum loan amount 100,000 EUR
- Loan maturity 180 months
- Client participation 10%
- Administrative fee 1.00%
INTEREST RATE:
BKT Salary receivers:
- Interest rate starting from 3.69%
- Effective interest rate starting from 3.90%
For rent receives through Bank and business owners:
- Interest rate starting from 5.49%
- Effective interest rate starting from 5.79%
For Diaspora:
- Interest rate starting from 6.00%
- Effective interest rate starting from 6.40%
EXAMPLES AND EXPLANANTIONS:
| Home Loan | EUR 100,000 | EUR 100,000 | EUR 100,000 |
| Variable interest rate* | 3.69% | 5.49% | 6% |
| Effective interest rate | 3.90% | 5.79% | 6.40% |
| Loan maturity | 180 months | 180 months | 120 months |
| Monthly installment | 724.43 | 816.85 | 1,110.56 |
| Administrative fee | 1.00% | 1.00% | 1.00% |
| Total loan amount to be repaid by the end of the contractual term* | 130,398.03€ | 147,033.11€ | 133,267.29€ |
*Variable interest rate means the interest rate expressed as a variable percentage applied on an annual basis to the approved loan amount.
*The total cost does not include notary costs, insurance, property valuation and utility costs
