Do i need to most use the money from a property Security Mortgage TB to own something?

The entire level of a house Equity Financing TB try good mortgage the purpose, for example there aren’t any conditions to help you document one purpose as well as the money from the house Collateral Mortgage TB could be made use of at the best discretion. Really the only difference try the right position by using your house equity loan to repay almost every other loans in this case you ought to pay people fund and you can one kept an element of the loan can be used for the goal.

What is the difference between an individual financing TB while the Household guarantee loan TB ?

The user Loan TB a loan with an intention price out-of 5.nine % p. a beneficial. and you can maturity several months max. 8 age,

The house Equity Financing TB a loan with an interest rate away from 2.59 % p. a beneficial. that have 12 months fixation and readiness twenty years.

May i pay-off your house Collateral Loan TB very early?

Sure, your house Security Loan TB is generally paid off early, also versus a fee, with the time of your own stop of the fixed-appeal months. A loans in Pine Brook Hill consumer may also offer a remarkable deposit one per year to brand new 20 % of one’s mortgage prominent clear of people charges. As well as both of these possibilities, the costs of early repayment must not meet or exceed 1 % of one’s early reduced count for the casing financing.

Exactly what criteria create I need to see if i want to grab a property Security Mortgage TB ?

• lowest age 18 many years,
• records out of latest online monthly money from five hundred EUR or even more,
• loan doing just as much 80 % of the bound assets,
• maximum fees ages of twenty years,
• a substitute for play with part of the mortgage to invest fees (loan percentage and you may guaranteeing specialist evaluation of your flat using Tatra banka),
• pledging of housing possessions since the safeguards.

Is there any insurance coverage readily available if i am struggling to repay our home Security Financing TB ?

Sure, there can be. During the collaboration to your UNIQA insurance provider you could potentially strategy this new after the via cellphone services Dialogue Real time or even in Tatra banka branch:

• insurance rates of your capacity to pay off financing, that will make you confidence in the eventuality of unforeseen incidents you to definitely have a tendency to prevent you from continuous to repay the mortgage,
• assets insurance policies as you are able to arrange according to your needs.

Do you know the fixed interest rate alternatives of the home Collateral Financing TB ?

The option of a predetermined rate of interest can be found for example, 2, step three, 5, 7 and you will 10 years or the whole mortgage repayment several months.

No less than a couple months up until the stop of your repaired attention rate months we are going to get in touch with you on paper and you will enable you to be aware of the the fresh interest therefore the the newest fixed interest several months. You could potentially choose, if or not you:

• deal with brand new interest rate plus the fixed-speed months,
• undertake the offer to increase otherwise reduce the latest fixed-rate months additionally the related rate of interest.

How does the fresh consultation in the Tatra banka just do it whenever attracting the latest mortgage? What the results are at first fulfilling?

Visit ‘s the initial step to obtain the mortgage. Agenda a romantic date for the conference thru Dialog Real time *1100. The financial bankers is actually borrowing from the bank gurus. You will see in regards to the over promote out of mortgage activities on the first appointment then it will be your choice to mix the credit for your new house, car loan, bungalow otherwise property renovation.