HALKBANK approves housing loans to retail clients with regular salaries or pensions paid to a current account with HALKBANK. Loans are disbursed for the purchase, construction, extension or adaptation of residential premises.
| Amount | Depending on the borrower’s creditworthiness Minimal amount of the loan EUR 20.000,00 |
| Purpose | Purchase, construction, extension and adaptation of residential premises |
| Loan currency | RSD loan indexed in EUR |
| Indexing criterion | EUR – NBS middle exchange rate |
| Maturity | Up to 30 years |
| Grace period | Up to 12 months* |
| Down payment | - Minimum 20% |
| - No down payment if the loan amount does not exceed 80,00% of the value of real estate which is subject of mortgage | |
| Nominal interest rate |
2,90% do 3,20% + 6m Euribor** |
| (variable, p.a.) | |
| Front-end fee | 0,50% |
| NMIC fee | Fixed fee 30 EUR |
| Percentage fee: | |
| - 1,50% with LTV ratio below or equal to 70,00 | |
| - 2,50% with LTV ratio exceeding 70,00 but lower than or equal to 80,00 | |
| - 3,50% with LTV ratio exceeding 80,00 but lower than or equal to 90,00 | |
| Fee is increased by: | |
| - 0,25% if the borrower has no life insurance; | |
| - 0,50% if mortgage is placed on so called "building in construction"; | |
| - 0,15% if subject of mortgage is a building legalized on the basis of the Law on Planning and Construction; | |
| Additionally, fees will be increased depending on the degree of credit indebtedness: | |
| - 0,50% indebtedness equal or exceeding 60% | |
| - 1,00% indebtedness equal or exceeding 70% | |
| - 1,50% indebtedness equal or exceeding 80% | |
| Collateral | - 2 blank promissory notes |
| - first mortgage on real estate in favour of the Bank | |
| - insurance of real estate for each year of loan on construction value against basic risks and additional risks of water spillage, assigning the insurance policy in favour of the Bank | |
| - loan insurance at NKOSK |
* loans for construction/adaptation of residential premises
** Monthly annuity is adjusted twice a year with 6m EURIBOR.
** Bank take into consideration limitation of the interest rate determined by the Decision of the temporary limitation of interest rates in loan agreements concluded with retail users (’’Sl. glasnik RS’’ br.102/2024) which is prescribed that by December 31st 2025, the variable interest rate for this type of the loan cannot be applied in a value higher than 5% per year.
| Loan characteristics | |
|---|---|
| LTV ratio up to 80% | |
| Facility registered and legalised | |
| No life insurance | |
| Salary transfer | Yes |
| Contract value | 100.000,00 EUR |
| Down payment | 20.000,00 EUR |
| Loan amount | 80.000,00 EUR |
| Monthly annuity | 424,04 EUR do 31.12.2025. after that EUR 451,96** |
| Maturity | 360 months |
| Nominal interest rate | 2,90% + 6m Euribor* |
| Collateral | Promissory note, mortgage, insurance |
| Approval fee | 0,50% |
| NMIC fee | 30,00 EUR (fixed fee, NBS middle excange rate) |
| 2.200,00 EUR (2,75%, NBS middle excange rate) | |
| Other costs of collateral | 246,00 RSD - Credit Bureau for borrower |
| 100,00 RSD - 2 promissory notes | |
| 14.000,00 RSD Estimation of real estate | |
| 550,00 RSD Cadastral map | |
| 25.920,00 RSD Notarize of Sales Contract | |
| 17.280,00 RSD Registration of lien statement | |
| 65.140,00 RSD Mortgage registration | |
| 3.500,00 RSD Insurance | |
| Total amount to be repaid | 162.370,32 EUR |
| Effective Interest Rate | 5,82% |
*Value of 6M EURIBOR on 28.11.2024. is 2,71%.
Representative example on 31.12.2024.
**Bank take into consideration limitation of the interest rate determined by the Decision of the temporary limitation of interest rates in loan agreements concluded with retail users (’’Sl. glasnik RS’’ br.102/2024) which is prescribed that by December 31st 2025, the variable interest rate for this type of the loan cannot be applied in a value higher than 5% per year.
The National Mortgage Insurance Corporation (NMIC) is a specialized institution for insurance of loans disbursed by banks to natural persons for the purchase, adaptation and construction of real estate.
No. The Bank acts as an intermediary between the client and NMIC.
Loan-To-Value ratio is a ratio of the loan amount to the estimated market value of the real estate that is mortgaged.
EURIBOR (Euro Interbank Offered Rate) is a reference rate established by the European Interbank Market. It is a daily average on which prime European banks lend uninsured funds to one another.
