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Crédito Pessoal para Obras - Home improvement loan

Choose the new colour of your walls. We will take care of the rest.

Home Improvement Loan

Amount
Amount

Amount

€5.000 a €75.000

Term

Term

6 to 84 months 

Rate
Rate

Rate

APRC: 11.8% 
Nominal annual rate: 8.950%

Home Improvement Loan

  1. Small works in your main home

  2. Small works in another property

• Minimum. €5,000  
• Maximum. €75,000 

 



Proof is only required for small works so that the customer is not charged the 4% Stamp Duty on interest.

 

  • If the total term is between 6 and 17 months. Up to 3 months  
  • If the total term is between 18 and 84 months. Up to 6 months

 

 

 

 

  • Minimum. 6 months  
  • Maximum. 84 months* 

 

* For the residual value payment option, the maximum term is 84 months.

 

 

Interest rate according to the novobanco price list in force.  
Check with a branch. 

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Example without salary domiciliation

To renovate my home, I need €15,000 and I want to repay the loan over 84 months.

Monthly repayment: €263.55  
APRC: 12.5% (includes Credit Documentation Charge of €620.10, related taxes and Stamp Duty on the use of credit)  
Nominal annual rate: 9.950%  
MTIC: €22,137.90 

Minimum rates in force for contracts entered into in the 3rd quarter of 2026. The value of commissions is published in the price list. Subject to commercial approval. This does not replace consultation of the legally required pre-contractual and contractual information. 

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Example with salary domiciliation

To renovate my home, I need €15,000 and I want to repay the loan over 84 months.

Monthly repayment: €255.41  
APRC: 11.4% (includes Credit Documentation Charge of €620.10, related taxes and Stamp Duty on the use of credit)  
Nominal annual rate: 8.950%  
MTIC: €21,454.68  

Minimum rates in force for contracts entered into in the 3rd quarter of 2026. The value of commissions is published in the price list. Subject to commercial approval. This does not replace consultation of the legally required pre-contractual and contractual information. 

Personal loan

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LEGAL INFORMATION

Minimum rate in force for contracts entered into in the 2nd quarter of 2026. Subject to commercial approval. This does not replace consultation of the legally required pre-contractual and contractual information.

The information provided in this simulation is for information purposes only and does not constitute a credit proposal.

TAN. Annual Nominal Interest Rate applied on an annual basis to the credit amount, excluding other charges or taxes. 
TAEG. Annual Percentage Rate of Charge, the rate that reflects the total cost of the credit. It includes charges such as commissions, expenses and taxes related to the credit. 
MTIC. Total Amount Payable by the Consumer. This is the sum of the total cost of the credit, including interest, commissions, expenses, taxes and charges, plus the total amount of credit granted.

Product marketed by NOVO BANCO, S.A., with registered office at Campus do novobanco, Av. Dr. Mário Soares, Taguspark, Building 1, 2740-119 Porto Salvo, registered with the Autoridade de Supervisão de Seguros e Fundos de Pensões as an Insurance Agent under number 419506141 since 21.01.2019. Authorised to market Life and Non-life insurance from insurers GamaLife, Mudum Seguros, Generali Seguros S.A., Europ Assistance, GNB Fundos de Pensões and Coface. Without powers of representation of insurers for entering into insurance contracts. Without powers to receive insurance premiums and does not assume risk coverage. All information about the Insurance Agent can be consulted on the ASF website.

Contracts entered into by GamaLife - Companhia de Seguros de Vida, S.A., Rua Castilho, nº 26, 4th floor, 1250-069 Lisbon, Apartado 24048, Loja CTT Campo de Ourique (Lisbon) 1251-977 Lisbon, Portugal, Share Capital €50,000,000, Company and registration number 503 024 856, registered with the Lisbon Commercial Registry.

Contracts entered into by Mudum - Companhia de Seguros, S.A., Rua Castilho, nº 26, 4th floor, 1250-069 Lisbon, Apartado 24047, Loja CTT Campo de Ourique (Lisbon) 1251-977 Lisbon, Portugal, Share Capital €15,000,000, Company and registration number 503 718 092, registered with the Lisbon Commercial Registry.

This message does not replace the consultation of the legally required pre-contractual and contractual information.



PUB | NOVO BANCO S.A. | Registered no. 7 at Banco de Portugal