With variable interest rate for a period from 13 to 180 months
• No mandatory insurance with NKOSK
• No annual loan administration fee
• No mandatory life insurance
• An affordable cash loan for furnishing the apartment
- Loan Features
- Representative example
| Minimum conditions for employment and receipt of salary | Full-time employment and receipt of salary through the account opened with Banca Intesa, at the latest by loan disbursement |
| Type of loan | Housing loan for residential property purchase |
| Loan currency | EUR |
| Criteria for indexing | Dinar equivalent per NBS middle exchange rate on the date of loan disbursement |
| Period for which the loan is granted | From 13 to 180 months |
| Loan amount | From 10.000 EUR - to 80% from the amount of the purchase and sales value of real estate purchased from the loan or its estimated value (lower value is taken) or estimated value of real estate when the mortgage is being constituted on the real estate purchased from the loan |
| Participation | Minimum 20% from the purchase and sales value of the real estate (if the value of another registered real estate over which the mortgage is being constituted is higher than the loan amount for a minimum of 30%, the participation is not required) |
| Interest rate (on an annual basis) | When the downpayment is 30% or the amount of the loan is maximum up to 70% of the estimated value of the real estate over which the mortgage is registered: From 2,57% to 2,67% (from 3M EURIBOR + from 2,99% to 3,09%), variable* When the downpayment is less than 30% or the amount of the loan is maximum up to 80% of the estimated value of the real estate over which the mortgage is registered: From 2,57% to 2,82% (from 3M EURIBOR + from 2,99% to 3,24%), variable* |
| The fee for processing the loan application | From 0,5% to 1% of loan amount |
| Minimum security instruments | |
| Promissory notes | 3 (three) blank single name promissory notes, signed by the Beneficiary/joint debtor |
| Property insurance | Insurance policy for the mortgaged immovable property against basic risk and the additional risk of water leakage from the installations at “the first risk”, to the full construction value, with vinculation in favor of the Bank For facilities under construction - a copy of the investor’s insurance policy, valid until the end of the construction |
| Mortgage | “Executive out-of-court mortgage” of the 1st (first) rank in favor of the Bank. For the registered immovable property, the loan is disbursed before submitting the Decision on the Mortgage Registration For facilities under construction where a mortgage has already been established in favor of a bank that finances the investor, an “Executiove out-of-court mortgage" of the 2nd (second) rank in favor of the Bank, on condition that after repayment of the loan, the mortgage relating to the investor’s funding shall be released, and the mortgage relating to the housing loan shall become the 1st (first) rank mortgage. The loan is disbursed based on the Decision on the Registration of the 2nd rank Mortgage |
| Life Insurance (optional, according to Client’s selection) | Life insurance policy with vinculation in favor of the Bank |
Other calculations related to this product can be taken over at Intesa Casa centers and larger Bank’s branches.
| Type of loan | Housing loan for real estate purchase | |
| Loan currency | EUR | |
| Criteria for indexing | Dinar equivalent per NBS middle exchange rate on the date of loan disbursement | |
| Loan amount | 30.000 EUR | |
| Repayment period | 180 months | |
| Monthly installment | When the downpayment is 30% or the amount of the loan is maximum up to 70% of the estimated value of the real estate over which the mortgage is registered: 203 EUR When the downpayment is less than 30% or the amount of the loan is maximum up to 80% of the estimated value of the real estate over which the mortgage is registered: 205,17 EUR | |
| Interest rate | When the downpayment is 30% or the amount of the loan is maximum up to 70% of the estimated value of the real estate over which the mortgage is registered: 2,67% (3M EURIBOR+3,09%) variable*
| |
| Calculation example without life insurance | Calculation example with life insurance | |
Effective Interest Rate (on an annual basis) | When the downpayment is 30% or the amount of the loan is maximum up to 70% of the estimated value of the real estate over which the mortgage is registered | When the downpayment is 30% or the amount of the loan is maximum up to 70% of the estimated value of the real estate over which the mortgage is registered |
| Effective Interest Rate (on an annual basis) The total loan amount that user has to pay against the loan | 3,33% 37.825,77 EUR | 3,94% 39.325,77 EUR |
Effective Interest Rate (on an annual basis) | When the downpayment is less than 30% or the amount of the loan is maximum up to 80% of the estimated value of the real estate over which the mortgage is registered | When the downpayment is less than 30% or the amount of the loan is maximum up to 80% of the estimated value of the real estate over which the mortgage is registered |
| 3,49% | 4,09% | |
The total loan amount that user has to pay against the loan | 38.217,50 EUR | 39.325,77 EUR |
| Costs which are borne by the user, that are known at the time of publication | ||
| The fee for processing the loan application | 1% | |
| Bills of exchange (three) | 150 RSD | |
| Basic credit bureau report | 246 RSD** | |
| Certification of pledge statement | 10.080 RSD** | |
| Property insurance - annually | 40 EUR** | |
| Issuance of real estate folio | 10 EUR** | |
| Property evaluation | 100 EUR** | |
| The fee for registration of mortgage | 22.020 RSD** | |
| Life insurance - annually (optional) | none | 100EUR** |
Other calculations related to this product can be taken over at Intesa Casa centers and larger Bank’s branches.
** Costs to be borne by the Beneficiary, included in the calculation of effective interest rate, on which the Bank has no influence. Please note that this concerns framework (average) amounts on which the Bank has no influence, and which depend on court taxes and fees, Republic Geodetic Authority, premium insurance of Insurance Companies and the like.