Your first home
Step into your own home and repay the loan at your own pace.
DurationUp to 30 years
Loan amountUp to 80% of the property value
- Grace period
- Installment postponement
- Installment planning
eHousing LoanOnline financing, quickly, through 1Bank
The scheme is offered to permanent residents of Cyprus only
Up to 80% of the value of the property.
Interest rate option
- Fixed interest rate for 3, 5 or 10 years. After the end of the fixed interest period, the interest rate changes to variable.
- Variable rate for the entire duration of the loan.
There are no initial bank fees
Find out more on our current interest rates here.
Within 5 business days of the date of conclusion of the agreement
Maximum repayment period
Maximum age of borrower at loan maturity
Minimum repayment period
- 10 years (for a variable interest rate loan or a 5 or 10 years fixed interest rate loan)
- 15 years (for a 3 year fixed interest rate loan)
If your home is under construction:
- You have the option of not paying any installments until your home is completed (maximum 2 years).
- You can pay only the interest for the first 2 years of the loan.
If your home has been completed:
- You can pay a low installment for the first 2 years, equal to the interest charges payable for that period.
In case of unforeseen events, you can postpone the payment of up to 2 monthly installments per year (24 installments during the life of your loan).
If you choose a variable rate, you can specify the amount and frequency of installments according to your financial capabilities.
- Calling from abroad +357 22128000
- Service hours
- Monday to Friday, 07:45 until 20:00
- Saturday and Sunday 09:00 - 17:00