What needs are covered:

The Main Program for Mortgage Loans is granted for

-         the purchase, construction, extension, repair or improvement of the main or subordinated residence (detached house/ flat/ country house),

-          the purchase of a site for the construction of the residence

-          the balance transfer of a mortgage loan granted by another bank. 

Loan amount: 

Minimum € 6.000

The loan covers expenditure amounting to 75% of the value of the residence, which is written on the sales contract. This amount can be further augmented with 100% coverage of the transfer tax, the fees for notaries and lawyers, the loan's administration costs etc. 

Interest rate: 

Variable                 6,40%

Τhe above interest rate is burdened with 0,12%, which refers to the contribution to the law 128/75.

Moreover, ATEbank offers subsidized mortgage loans according to the customer's family situation. 

Duration: 

Loan duration up to 25 years

Grace period of 24 months 

Advantages:  

• Settlement of instalments from a deposit account that the customer holds with the Bank through a standing order  

Requirements:

Loan repayment should be secured and the annual total amount of instalments should be covered by the customer's family income, living expenses and other debts excluded.