Interest rates & charges (Loan for investment in apartment or house)
Both the interest rates for your housing loan and the charges which may be payable over the loan term are shown in detail below.
Interest rates (Buying property (apartment or house) for investment purpose)
||Total repayment amount
Loans with a variable interest rate
||BBHR + 2,00%
|Euribor 6m + 4,25%
Loans with a fixed interest rate
|3-year fixed rate
||3 years at 4,25% then BBHR + 2,00%
||36 instalments for €752,44 and then 144 instalments for €748,38
|3 years at 4,25% then Euribor 6m + 4,25%
||36 instalments for €752,35 and then 144 instalments for €752,35
5-year fixed rate
|5 years at 4,50% then BBHR + 2,00%
||60 instalments for €765,16 and then 120 instalments for €752,72
|5 years at 4,50% then Euribor 6M + 4,25%
||60 instalments for €765,07 and then 120 instalments for €756,05
- BBH (Bank Base rate for Housing loans )=2,1536%
- Loans with a 3 or 5-year fixed interest rate will be priced with a variable interest rate after the fixed period ends, based on either the Euribor 6M rate or the Bank base rate for housing loans. The choice is yours.
- * The APR has been calculated based on 15/12/2016 €100,000 loan repayable over 15 years with arrangement fees of 1% and documentation fees of €75, and the Bank base rate for housing loans.
- ** The APR has been calculated based on a €100,000 loan repayable over 15 years with arrangement fees of 1% and documentation fees of €75, and the Euribor 6m rate on 15/12/2016 (0.0%).The Bank sets a minimum percentage of 0,0% for Euribor 6m..
To learn more about charges, click here.
The Bank reserves the right to turn down any request at its discretion and to withdraw any product at any time. Loans are only available where the applicant provides the Bank with asset-based collateral which in its view is satisfactory. The interest rate and instalment for housing loans can be changed by the Lender from time to time.
You run the risk of losing your real estate assets if you fail to keep up mortgage instalments or instalments on any other loan secured by a mortgage on your property in good time.