Financing solutions for the purchase of a permanent, secondary or rental home, with a 40-year term (provided that the age of the applicant does not exceed 75 years at the end of the loan).

Spreads from 1,25%

 

  • FINANCE TO BUY A HOME

    Up to 80% of the acquisition value, not exceeding the value of the Deed.

  • FINANCE FOR CONSTRUCTION OR PURCHASE OF LAND + CONSTRUCTION

    Up to 80% of the acquisition value of the estate, not exceeding the value of the Land + Construction Project.

  • FINANCE FOR HOME IMPROVEMENTS OR EXTENSION

    Up to 100% of the plan value, not exceeding 80% of the property valuation estimate.

  • FINANCE FOR HOUSE PURCHASE + IMPROVEMENTS

    Up to 80% of the estimated aggregate value, the purchase value cannot exceed 80% of the initial valuation (before Works).

 

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INTEREST RATE Variable rate based on the 12-month Euribor Market Index, plus a spread based on the tariff defined by NOVO BANCO.
The rate is updated annually, according to the index. In this way, the value of the monthly payments can increase or decrease annually.
BONUS LINKED PRODUCTS

Salary Direct Debit, Home Insurance and Life Insurance with the GNB insurer, Bank Card, Average Quarterly Savings Balance from € 2,500, Average Quarterly Balance in Resources from € 30,000.

Young people under the age of 35 receive a direct discount of 0.1% on the spreads grid.

OBLIGATORY INSURANCES Life Insurance.

Home Insurance ( see the product ).
APR

Independent of associated sales : APR 2.9% ; Nominal Annual Rate (NAR) Variable 2.111% (12 month Euribor -0.189% from January 2018 and spread of 2.3%) ; Monthly repayment €562.79 ; Capital Plus Interest : € 221,516.42.
Linked to associated sales (*) : APR 2.1% ; NAR Variable 1.311% (12 month Euribor of -0.189% from January 2018 and spread of 1.5%); Monthly payment of €504.19 ; Capital Plus Interest : € 200,541.95.

For a loan of €150,000 over 30 years, with a total of 360 monthly payments, LTV 60%, with mortgage guarantee. Initial fees and expenses : €2181.20 ; Regular fees and expenses : Monthly fee for monthly settlement € 3.64 (IS included); Quarterly Account Management Fee DO € 15.60 (IS included). Life Insurance (average annual premium € 270.19) and Multi-risk (annual premium € 166.03).
(*) Assuming subscription to the following products: Salary Direct Debit, Life Insurance and GNB Multi-risk Guarantor, Credit Card (Annual fee € 19.50), Average Quarterly Saving Balance greater than € 2,500 and Quarterly Average Resources Balance greater than € 30,000 .
Interest rate fluctuations may result in an increase in the amount payable.