The rate is fixed at the time of the granting of the loan, and remains the same for the entire term.
Recommended for people with a consistent and reliable income Maximum term 20 years.
Choose between 5, 10, 15 or 20 years at fixed rate, then switch to variable rate.
Maximum term 30 years
The initial rate tends to be lower than for a fixed-rate solution for the same amount and over the same term.
The subsequent rates may change every 3 months because the loan is indexed to the Euribor. Recommended for people who are reasonably certain of a rising income or who think that interest rates will fall significantly.
Fixed-rate or variable-rate portions: every 2 years you can reselect the type of rate to be applied to the next repayment period.
Recommended for people who want to be able to adapt their loan repayment plan according to changes in their income expectations and fluctuations in interest rates. |
