Three public banks Vakıfbank, Halkbank and Ziraat Bank announced their campaigns for a 12-year non-refundable, 15-year housing loan. Here’s what you need to know about mortgage loan.
HOUSING CREDIT PAYMENT TABLE
If a citizen who receives 100,000 TL of mortgage loan to buy zero housing will use the 12-month grace period option, he will have paid a total of 171 thousand 184 TL after 15 years.
Zero housing payment table:
The loan amount per customer can be limited; In three major cities (Istanbul, Ankara and Izmir), a loan of up to 750 thousand TL can be used for residences and up to 500 thousand TL for other cities. Low equity / down payment rate will be applied starting from 10 percent in loan utilization.
Applications will be made through the branches of the banks.
If a citizen who draws a loan of 100 thousand TL to buy second-hand housing uses the 12-month grace period option, he will have paid a total of 183 thousand 925 TL at the end of 15 years.
Second-hand housing payment table:
Three public banks made a joint statement yesterday and announced housing, vehicle, social life and holiday loan packages at rates below the average interest rates in the market. The packages aim to revive the economy, which has slowed down due to the pandemic, with loans.
