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Printed by customer 2012.05.25

Additional information

Comparison

We tailor the loan period, instalment-free months and other terms of your loan in line with your situation. Below are two examples of what your loan’s monthly payment might be.

Pipe and drain renovation, apartment of 80 m² (expenses EUR 500 per m²)
Own loan Housing company loan
Loan amount EUR 40,000 EUR 40,000
Loan period 25 years 25 years
Total interest* 4.65% 4.65%
Monthly payment approx. EUR 260 approx. EUR 260
Monthly payment
with tax deduction		 approx. EUR 220 approx. EUR 260
(shareholder doesn’t have tax deduction right)

* The actual annual interest in this own loan is 4.8% when arrangement fee is EUR 100 and monthly loan servicing costs are EUR 1.20.

Pipe and drain renovation, apartment of 50 m² (expenses EUR 500 per m²)
Own loan Housing company loan
Loan amount EUR 25,000 EUR 25,000
Loan period 15 years 15 years
Total interest* 4.65% 4.65%
Monthly payment approx. EUR 195 approx. EUR 195
Monthly payment
with tax deduction		 approx. EUR 168 approx. EUR 195 (shareholder doesn’t have tax deduction right)

* The actual annual interest in this own loan is 4.9 % when arrangement fee is EUR 100 and monthly loan servicing costs are EUR 1.20.

A good supplement to the loan is FlexiPayment which allows you to change the monthly instalment through Netbank, even every month, if you want.

The primary security for own loan is your home, as usual.