Eurobank introduced new offer for mortgage loans with special conditions:
- Lower interest rate
- Without disbursement fee
- Without annual administration fee
Loan amount: up to 250,000 EUR
Currency: EUR
Downpayment: min 20% or without down payment if pledge is property which is not subject of credit and whose market value is 30% higher than loan amount
Interest rate: NIR 6mEuribor*+2.97%; EIR from 2,85%, variable**
Tenor: up to 360 months
Disbursement fee: 0 %
Life insurance is optional, except for clients with high risk occupations. LTV-ratio is max 80% of property value
Example:
Loan amount ( EUR) | Tenor (in months) | Disbursement fee | Installment in EUR | NIS* | EIR* |
30.000 | 360 | 0% | 121
| 2.59% | 3.13% |
*Interest rate is variable. On day 01.10.2019. value of 6mEuribor =-0.38%
**Nominal interest rate is determined 2 times per year (1st of July and 1st of January), when the variable base is aligned with the values of official Reference rate, on the installment date in the month when the alignment is done. Changed variable interest rate will be applied in the first accounting period that starts after the change.