Mortgage cash loan

Loan characteristics:

• Type of loan: Cash mortgage loan in RSD
• Loan currency: RSD
• Participation: no participation
• Loan amount: up to RSD 5,000,000
• Repayment period: up to 71 months
• Nominal interest rate: 11.77%, variable, annual (3mBelibor+6.00%)*
• Effective interest rate: from 13.22%
• Loan processing fee: 0%
• Credit maintenance fee: 0%

Life insurance is optional, except for clients with high risk occupations. Mortgage cash loans are not insured at NKOSK. Loan without deposit.
LTV-ration is max 80% of property value

Example:

	Loan amount (RSD)	Tenor	Disbursement fee	Installment	Total paid amount (RSD)	NIR*	EIR*
Mortagage cash loan	5.000.000	71	0%	98,492	7.069.378	11.77%	13.22%

*The interest rate is variable. The amount of the nominal interest rate is determined on a quarterly basis, in January, April, July and October, by adjusting the variable element with the values of the officially published reference interest rate on the last day of the month preceding the month when the adjustment is made. The modified variable interest rate will be applied to the first calculation period that occurs after the change. On September 29, 2023. the value of 3m Belibor is 5.73% and applies until December 31, 2023.



**The EIR calculation also includes costs defined by competent institutions, the amount of which the bank has no influence on, and which are known at the time of advertising:
**The EKS calculation also includes costs defined by competent institutions, the amount of which the bank has no influence on, and which are known at the time of advertising:

A representative example of a loan with a variable interest rate:

Loan currency*	Dinar loan indexed in EUR
Loan amount (EUR)	30.000 EUR
Repayment period (in months)	71
Deposit 30%	9.000 EUR
Loan processing fee	0%
Monthly installment rate (EUR)	555 EUR
Total for repayment (EUR)	40.045 EUR
NIS** variable, annual	9,44%
EIR*** on 29.09.2023.	10,83%

*Criteria for indexing: In dinar equivalent at the middle exchange rate of the NBS.**The interest rate is variable. During the duration of the Agreement, the Bank determines the amount of the nominal interest rate on each first day of the half-year (July 1 and January 1) for the current half-year by harmonizing the contracted variable element with the values​​of the officially published reference interest rate on that day. The modified variable interest rate will be applied to the first calculation period that occurs after the change. On September 29, 2023. value of 6mEuribor = 4.14%.*** The EKS calculation also includes costs defined by competent institutions, the amount of which the bank has no influence on, and which are known at the time of advertising:

Life insurance is optional except for clients with risky occupations. The LTV ratio can amount to a maximum of 80% of the estimated value of the mortgaged property. See the list of branches where you can apply for a Eurobank Direktna housing loan here