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Housing loan with combined interest rate

While you’re choosing your new home, choose and combine interest rates! Switch from fixed to variable interest rate and vice versa. Every three years you have a choice.

Calculate the monthly installment for the loan amount requested and the desired repayment period.

0 EUR Loan
0 REPAYMENT PERIOD
0 Fee for loan processing
0 Loan processing fee amount
0 EUR DOWN PAYMENT
0 NIR
0 EUR MONTHLY INSTALMENT*
* the calculator is indicative only.

Calculate the monthly installment for the loan amount requested and the desired repayment period.

Amount of real estate
DOWN PAYMENT
REPAYMENT PERIOD
0 EUR Loan
0 months REPAYMENT PERIOD
0 ADM COST
0 ADM COST AMOUNT
0 EUR DOWN PAYMENT
0% NIR
0 EUR MONTHLY INSTALMENT*
* the calculator is indicative only.
Calculate your instalment on the assumption of the variable part of the interest rate change and/or exchange rate change

Access the calculator of the National Bank of Serbia here

Do you have any additional questions?

If you have any questions or concerns, our experienced bankers are at your disposal.

Obtain a new apartment with the possibility to choose between fixed and variable interest rate

Opting for a new home and housing loan is an important life investment for each family, so they have to be chosen carefully for decades to come. Owing to our housing loans offer, you only have to opt for the location to live at and interest rate that suits you best.

This is the type of a housing loan that allows you to switch from variable to fixed interest rate and vice versa throughout the repayment period.

At the very beginning, you choose the interest rate you want to begin loan repayment with – fixed or variable. Every 3 years the Bank offers you the possibility to continue with the selected type of interest rate or to switch to another one, free of charge.

Why is it good for you?

If EURIBOR starts to grow, your loan instalment increases as well. In this case, you can switch to fixed interest and be protected from fluctuations in variable interest rate. When you estimate that variable interest rate is more favourable than fixed interest rate, you can return to it.

Basic conditions and features of housing loan with combined interest rate

The bank reserves the right to make a decision on the loan approval, as well as to request additional documents and guarantees.

  • Minimum share of 10% if the mortgage is placed on some other registered objects.

  • Wondering why it’s important to insure your life while repaying a home loan? A housing loan is a life project. It lasts on average 15-20 years. In case of unforeseen life circumstances, it may happen that the heirs cannot pay the installments on the loan for the mortgaged apartment. In order for the family to be secured, it is important that you insure yourself. The insurance company will repay the rest of the debt on the loan and the bank will delete the mortgage from the apartment. It’s all up to you.

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Representative example
Representative example of a combined housing loan with initial fixed interest rate over the first 3 years, switched to variable interest rate
Property value50.000 EUR
Client down payment10.000 EUR
Bank loan amount40.000 EUR
Repayment period30 years
NIR annually over the first 3 years0.0265
Monthly instalment over the first 3 years161 EUR
NIR annually after the first 3 years2,95% + three-month EURIBOR
Monthly instalment after the first 3 years157 EUR
Fee for loan processing (0% of the loan amount)0 EUR
Costs associated with loan approval, known at the time of publishing
Bill of exchange100 RSD
Credit Bureau basic report246 RSD
Certification of pledge statement10.080 RSD
Property insurance - annually40 EUR in RSD equivalent
Issuing of real estate folio in the land register10 EUR in RSD equivalent
Real estate valuation100 EUR in RSD equivalent
Mortgage registration20.000 RSD
EIR annually 2,89%
Total amount of loan (principal, interest and costs)59.292 EUR
EIR calculated on 29.04.2021.

EUR-indexed loans are contracted in RSD equivalent at the NBS middle exchange rate. The interest rate is variable and consists of a reference rate - six-month EURIBOR as a variable rate, and Bank’ margin as a fixed rate, in accordance with Bank’s Tariffs. Variable interest rate is adjusted on the first business day of each month in accordance with changes in the reference EURIBOR rate which, on the day of calculations for the sake of this representative example, i.e. on 29.04.2021. stood at -0,535. This offer is for guidance purposes only. For a personalized offer we are at your disposal at our Bank's branches.

Do you have any additional questions?

If you have any questions or concerns, our experienced bankers are at your disposal.

Additional information on applying for a housing loan with combined interest rate

Loan applicant:

  • Permanent employment of indefinite duration minimum 6 months with the current employer.
  • Transfer of personal income to the current account held with our Bank

Loan collateral instruments:

  • Enclosed real estate insurance policy
  • Enclosed life insurance policy optionally at the client’s request
  • Bill of exchange and bill of exchange authorization
  • First-class mortgage on real estate
  • Administrative ban

You can take life and property insurance in each of our Banks branch and thus complete the entire process easily and in one place.  Regular payment of insurance premium is provided through standing order which is free of charge and exempt from payments fee.

List of required documents
THE DOCUMENTS REQUIRED TO APPLY FOR A LOAN

Please submit the application via our online contact form, and we will contact you

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