Interest rates and charges (For your holiday / 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 

 

 

Loans with a variable interest rate

 

Loan options:

Pricing                  

APR     

Estimated instalment

Total Repayment Amount

Euro

BBHR + 1,25% 

3,58%*

€575,16

€139.061,48

Euribor 6M + 3,50%

3,68%**

€580,05

€140.242,70

Loans with a fixed interest rate

 

3-year fixed rate

3 years at 3,50% then BBHR + 1,25%

3,61%*

36 instalments for €580,11 and then 204 for €575,78

€139.375,27

3 years at 3,50% then Euribor 6M + 3,50%

3,68%**

36 instalments for €580,05 and then 204 for €580,05

€140.252,70

5-year fixed rate

5 years at 3,75% then BBHR+ 1,25%

3,75%*

60 instalments for €593,05 and then 180 for €579,02

€140.849,94

5 years at 3,75% then Euribor 6M + 3,50%

3,41%**

60 instalments for €592,99 and then 180 for €582,82

€141.548,82

  • BBHR ( Bank Base rate for Housing loans) =2,1536%
  • If you are buying a property for own residence (first home or holiday home) from KERMIA PROPERTIES AND INVESTMENTS LTD, we offer an extra discount of 0,50% on the margin of our interest
  •  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 on 15/12/16 based on a €100,000 loan repayable over 20 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 20 years with arrangement fees of 1% and documentation fees of €75, and the Euribor 6M rate on 15/12/16 (0.00%). Τhe bank sets a minimum percentage of 0% for Euribor 6m.

 Charges

To learn more about charges, click here.

 Warning:
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.

CONTACT US 800 00 800 / (+357) 2212 8000 EMAIL US