Closure fees charged on premature repayments of loans

Closure fees charged on premature repayment of fixed-interest loans

A closure fee will be charged on the early repayment of fixed-interest loans in the following situations:

  • When the granted loan amount exceeds 20,000 euros, and
  • the loan interest is fixed or the interest determination period is at least 3 years. 

An early closure fee is also charged for a premature repayment of a part of the loan.

Early closure fees on housing loans drawn down after 1 December 2010

Early closure fees on housing loans drawn down after 1 December 2010

  • The creditor may charge no more than the loss resulting from the lower borrowing rate level for the remaining loan period with fixed borrowing rate. for the remaining loan period of a fixed-interest loan. In connection with the repayment, the customer receives a calculation showing the amount of compensation claimed and the data used in its calculation.
Early closure fee on other loans drawn down after 1 December 2010
Early closure fee on loans drawn down between 1 January 1994 and 1 December 2010