Protection against increase in interest rates!
Borrower's Advantage is a housing loan that provides both certainty and flexibility. During the first three years the interest rate is fixed and loan repayments remain unvaried. Starting from the fourth year, the interest rates of loans denominated in euros are adjusted once a year in accordance with changes in the Euribor index.
Knowing that monthly repayments remain the same during the first three years, you do not need to worry about greater loan payments arising from a possible increase in interest rates.
The knowledge that you have chosen the most appropriate housing loan from among those offered on the market is as important as finding a suitable home for your family. If you intend to live less than five years in your home, the Borrower's Advantage is probably the best choice for you, as you can count on fixed monthly payments for most of the repayment period. Borrower's Advantage is a suitable loan product if you are worried about increases in interest rates.
Major advantages of Borrower's Advantage - The possibility of planning other financial obligations for a longer period without the need to worry about changes in the interest rates of the housing loan.
- The fixed amount of monthly payments in the future provides peace of mind and rules out any unpleasant surprises that may be occasioned by a possible increase in the interest rate.
- Upon transfer from the fixed interest rate to the adjustable interest rate, you will not have to file any additional documents or bear additional expenses.
- At the beginning of the fourth year we will advise you of the new amount of monthly payments by letter.
 Loan conditions |
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| Currency: |
EUR |
| Intended purpose: |
purchase, reconstruction or refinancing of housing |
| Amount: |
starting from 6000 EUR |
| Self-financing: |
20%, with additional collateral – 0% |
| Maturity: |
from 10 to 30 years |
| Collateral: |
real estate to be bought, built or repaired |
| Maximum loan burden: |
~40% of the monthly net income of the family |
| Interest rate: |
Fixed interest rate for the first three years, the amount of which is established separately for each customer. Starting from the fourth year, the interest rate is adjusted once a year in accordance with changes in the Euribor index.
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| Origination Fee: |
1% of the loan amount in case of a purchase; 1.25% in case of refurbishemt and building |
AmCredit's customers are entitled to - Apply for a housing loan with a co-applicant, e.g. spouse, and combine income in order to use a larger loan
- Fill in the loan application on the Internet and send the application to us electronically
- Always ask for an advise, should short-term difficulties occur in repayment
To enable us in assisting you in finding a suitable housing loan for you, call or visit our office.
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