LOAN TERMS:
- Maximum loan amount 100,000 EUR
- Loan maturity 180 months
- Client participation 20%
- Administrative fee 1.00%
INTEREST RATE:
BKT Salary receivers:
- Interest rate starting from 4.49%
- Effective interest rate starting from 4.74%
For rent receivers through Bank and business oweners:
- Interest rate starting from 5.49%
- Effective interest rate starting from 5.79%
EXAMPLES AND EXPLANANTIONS:
Home Loan | EUR 50,000 | EUR 50,000 |
Variable interest rate* | 3.49% | 5.49% |
Effective interest rate | 3.70% | 5.79% |
Loan maturity | 120 | 120 |
Monthly installment | 494.29 | 542.54 |
Administrative fee | 1.00% | 1.00% |
Total loan amount to be repaid by the end of the contractual term* | 59,314.83€ | 65,105.25€ |
*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