Amount: up to 75% to purchase/construct/refurbish/consolidate/rehabilitate/expand/finish residential real estate, with the pledge of purchased/constructed/refurbished residential real estate up to 100% to purchase/construct real estate with locative destination, if additional pledge is provided
Term: up to 25 years
*Interest Rate = Reference Index NBM (4.55%) + Fixed Margin of Bank (3.83%) = 8.38%
*The promotion is valid until 31 july 2019.
Up-front fee: ZERO
Annual administration fee: ZERO
For a loan amounting 300,000 Lei for a period of 25 years, the minimum monthly payment is 2,391.83 Lei (the principal and the interest). Annual effective interest rate is 8.70%, and the total payable amount (the loan amount + all fees) is 717,549.80 Lei.