Housing loans for residents, citizens of the Republic of Serbia with income in the Republic of Serbia
Nominal Interest rate – 6m EURIBOR + 4.50%
Payment Period – 240 months
Amount – min 5.000 EUR max 500.000 EUR
One-time fee for loan request processing – 0.75%
Loan collateral – First-rank mortgage, Real estate insurance
Currency – RSD with currency clause EUR
Minimum down Payment – 20%
REPRESENTATIVE EXAMPLE
Housing loan for the purchase of real estate
Representative example of a loan calculated on March 8, 2021:
Type of the Loan
Housing loan with EUR currency clause for residents earning income in the Republic of Serbia
Currency of the Loan
EUR
Indexing criterion
In dinar equivalent at the middle exchange rate of the NBS on the day of loan issuance
Purchase price of the real estate
100.000 eur
Participation of the client
20%
Total Loan amount
80.000 eur
Repayment period
240 months
Monthly installment
483,52
One-time fee for processing the loan application
0,75%
Fee amount for processing the loan application
600 eur
Nominal interest rate (per annum)
3.97%
6M EURIBOR* + 4.50% (fixed margin)
Interest calculation method
Proportional
Effective interest rate (per annum)
4.35%
The total amount of the loan that the Client has to pay
116.044,80
Additional costs borne by the Borrower
Bills of exchange (four)
200 rsd**
Basic report of the Credit Bureau
246 rsd**
Cost of certification of lien statements
25.200,00 rsd**
Cost of property insurance – per annum
20 eur**
Cost of obtaining the copy of the real estate folio
1.250 rsd**
Cost of real estate appraisal
100 eur**
Cost of registering the mortgage
22.210 rsd**
Cost of maintaining a current account with the Bank –monthly
350 rsd
Conditions for loan approval
Current account opened with the Bank
Bills of exchange
Real estate insurance policy
First – rank mortgage LTV ratio 70%
* Value of 6M Euribor on 31.12.2020. is -0.53%
** costs are conditioned by prices defined by the competent institutions and included in the calculation of EIR, and the Bank has no influence on their amount.
*
The results shown based on the data you have entered in the loan calculator can only be used for information purposes and do not produce an obligation for the bank to provide banking services. For more information and a specific offer, contact our branches.
You can also view the calculator of the effects of changes in the variable elements of the nominal interest rate and the dinar exchange rate on the website of the National Bank of Serbia at the link.
