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Can i most make use of the funds from a property Guarantee Mortgage TB for something?

The whole quantity of property Equity Mortgage TB is actually a good loan when it comes down to goal, meaning that there aren’t any conditions so you’re able to file any goal together with funds from the home Collateral Financing TB could be made use of at the only discernment. Truly the only different are a posture if you are using the house guarantee loan to repay most other money in cases like this you need to pay back people finance and you may people leftover area of the loan can be used for the purpose.

What’s the difference between the consumer loan TB while the House collateral loan TB ?

The user Mortgage TB a loan with an intention rates regarding 5.nine % p. good. and you will readiness months max. 8 years,

The home Equity Financing TB a loan with an intention price out of dos.59 % p. good. having 12 months obsession and readiness twenty years.

May i pay back your house Guarantee Loan TB early?

Yes, the house Collateral Loan TB are reduced very early, also rather than a charge, for the go out of stop of fixed-attract period. A customer can also promote an amazing deposit one time per year as much as the latest 20 % of mortgage dominating without people charges. In addition to those two choices, the expenses off early payment must loans Cortez not exceed step one % of your own very early repaid amount towards the casing mortgage.

Exactly what standards would I have to see basically must just take a house Guarantee Loan TB ?

• lowest decades 18 many years,
• paperwork away from newest internet monthly money from five hundred EUR or maybe more,
• financing up to the maximum amount of 80 % of one’s bound possessions,
• restriction installment period of 20 years,
• a solution to use part of the loan to spend costs (loan fee and ensuring pro comparison of apartment as a result of Tatra banka),
• pledging of one’s property possessions as coverage.

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