Euribor 1M mortgage loan

From €20,000 and up to 80% of the value of the mortgaged property.

For loans secured by cash collateral, the loan amount is not assessed in relation to the commercial value of the property.

Notes:

You can borrow up to 90% of the property value provided that certain criteria are met:

a) you are up to 50 years old
b) none of the debtors/co-debtors holds a loan relating to residential property at the time of the approval
c) the loan amount does not exceed €500,000

3-35 years

Notes:

For loans secured by a property prenotation (pre-notation of mortgage), the interest rate is floating, based on the 1-month Euribor plus a fixed spread, applicable for the entire duration of the loan, indicatively ranging from 1.55% to 2.95%, plus Levy Law 128/75.

For loans secured by cash collateral, the interest rate is floating, based on the 1-month Euribor plus a preferential fixed margin of 1% for the entire duration of the loan (for applications submitted until 31/12/2025). The deposit (amounting to 105% of the loan) earns interest at the 1-month Euribor rate. Therefore, the effective interest cost of the loan is only 1%, plus 128/75 Levy Law.

The interest rate is subject to the Law 128/75 levy, which currently amounts to 0.12% for residential properties and 0.60% for commercial properties.

• The interest rate of the loan is formed upon evaluation of your loan application by the bank in accordance with its credit policy, taking into account factors such as customers’ credit history, the collateral, the loan amount and loan duration.
  
• For loans with floating interest rate, the instalment amount may vary, according to the fluctuation of the interest rate of the loan.
• In the case of not insuring for the risks of Life/Permanent Total Disability, there may be an increase in the aforementioned spread.

Indicative Example of an Annual Percentage Rate of Charge (APR)

For a loan amount €100,000 with property prenotation, tenor 35 years thus 420 monthly installments, floating rate of Euribor 1M (1.87% on 7/11/2025), plus a spread of 2.95%  (plus Levy Law 128/75 of 0.12%), application fee: 350€, legal checks cost: 50€, technical checks cost: 150€, the following apply:

• Monthly installment: €500.87
  
• Total credit amount: €100,000
  
• Total credit cost: €110,025.18
  
• Total amount to be paid: €210,025.18
  
• APR: 5.10%

Indicative Example of an Annual Percentage Rate of Charge (APR)

For a housing loan amount of €100,000 for the purchase of a residence, secured by a pledge of a “European Yield” term deposit, with a repayment period of 35 years (i.e. 420 monthly installments), and a floating interest rate based on the 1-month Euribor (1.87% as of 07/11/2025) plus a fixed spread of 1% (plus Levy Law 128/75 of 0.12%), application fee 150€, the following apply:

• Monthly installment: €384.29
• Total Credit Amount: €100,000
• Total Credit Cost: €61,604.31
• Total Amount Payable: : €161,604.31
•  APR (Annual Percentage Rate of Charge): 3.04%

• The APR, monthly installment, and total amount payable are mentioned exclusively for example purposes and are derived only under the precondition that the aforementioned data will exist.
• The APR is calculated based on the assumption that the floating rate will remain at current levels for the entire loan duration.
• We emphasize that the insurance of the pre-notated property against the risks of Fire/Earthquake is mandatory for an insured capital equal to the property's reconstruction value. There is the option to join a group insurance policy that the bank contracts with an insurance company of its choice or to submit an individual insurance policy from an insurance company of your choice, according to the bank's policies and procedures.
• The above example does not include insurance policy costs for property and life protection of the borrower.

In monthly installments covering:

• Interest, capital and insurance costs
• Insurance costs, if there is a grace period

Information about your loan installment

• The installments are paid automatically from your linked bank account.
• Each installment is paid on the same date of each calendar month, and its amount is calculated based on the prevailing interest rate and the number of installments.
• The interest is calculated based on a calendar year of three hundred sixty-five (365) days.
• The number of installments is determined according to the customer's chosen duration of the loan.
• In the case of a loan secured by cash collateral, the collateral amount is placed in a “European Yield” term deposit, earning interest at the 1-month Euribor rate. The term deposit is renewed monthly, and the interest is credited to the linked deposit account. On each annual anniversary of the loan, the term deposit amount will be reduced so that it does not exceed 105% of the outstanding loan balance.
• Non-compliance with obligations from the loan contract may have legal or financial consequences for the borrower.

Depending on the purpose of the loan:

• Lump sum for the purchase of a ready-made property
• Partial disbursements based on the progress of the construction for purchase under construction, renovation, repair

• Compulsory Fire and Earthquake Insurance of the prenotated property for insured capital equal to the value of the property reconstructing
• Life and permanent total disability insurance for one of the borrowers, for an insured capital equal to the approved loan amount

Note:
In case of your inclusion for the coverage against the above-mentioned risks in the group insurance policy offered by the bank, the insurance costs are charged every month along with your loan installment.

You can view here the General Information Document with all the legally required information and explanations.

• Valid national ID card or passport

For employees and pensioners:

• Tax clearance note of the last fiscal year
• Income tax return (form E1) of the last fiscal year
• For employees: latest pay slip or official certificate of earnings from the company's accounting department (not handwritten), which must include detailed professional information, date of hiring,  gross and net earnings, insurance contributions, tax, etc.
• For pensioners: quarterly/monthly pension statement or the latest pension payment slip or pension award decision in cases where a pension application has been submitted

For freelancers / business owners / farmers & livestock breeders:

• Tax clearance notes for the last two (2) fiscal years
  
•  Income tax return (form E1) for the most recent fiscal year
•  Documents for the last two (2) fiscal years proving the turnover of a sole proprietorship, general partnership (O.E.) limited liability company (E.P.E.), etc. (form E3 or form N)
•  Dividend distribution certificate, if there is participation in a company

• If there is real estate property: Form E9 and Form E2 for the most recent fiscal year, if there is income from property.
• For repayment of a mortgage loan from another bank: bank statement or the two (2) most recent mortgage loan statements.

• During the evaluation of the application, additional documents/information may be requested.
• Identification and income documentation is required from every party involved in the loan (borrower/co-borrower/guarantor).

For citizens of EU Member States & residents abroad:

• Valid passport or national ID card from your country (with Latin characters)

For all other categories of economic migrants:

• Valid residence permit or valid passport from your country or special Identity Card for individuals of Greek descent (in case of Greek nationality) or foreigner’s Identity Card (in case of no Greek nationality)
  

For employees and pensioners:

• Tax clearance statements for the last three (3) fiscal years
• Income tax return (form E1) for the latest fiscal year
• Electricity and landline or mobile phone bill, if the residence address stated in the loan application differs from that on the tax clearance statement
• For employees: latest pay slip or official salary certificate from the company’s accounting department (not handwritten), which must include detailed employment information, date of hire, gross and net earnings, insurance contributions, tax, etc.
• For pensioners: quarterly/monthly pension statement or latest pension payment slip or pension award decision (if a pension application has been submitted)

For freelancers / business owners / farmers & livestock breeders:

• Tax clearance statements for the last three (3) fiscal years
• Income tax return (form E1) for the latest fiscal year
• Documents for the last three (3) fiscal years proving business turnover for sole proprietorships, general partnerships (O.E.), limited liability companies (E.P.E.), etc. (form E3 or form N)
• Dividend distribution certificate, if there is company participation

For employees/pensioners:

• Tax clearance statements for the last two (2) fiscal years from the country of residence
• Latest pay slip/pension slip from the country of residence
  

For freelancers / business owners / farmers & livestock breeders:

• Tax clearance statements for the last two (2) fiscal years from the country of residence
• Proof of profits and business turnover for the last two (2) fiscal years from the country of residence
  
• Transactional behavior check documents (e.g., from Experian). Specifically, U.S. residents must provide credit reports from Experian (www.experian.com) & TransUnion (www.transunion.com)

• If there is real estate property: form E9 and form E2 for the latest fiscal year, if there is rental income
• For repayment of a mortgage loan from another bank: bank statement or the last two (2) mortgage loan statements

• During the evaluation of the application, additional documents/information may be requested
• Identification and income documents must be submitted for each party involved in the loan (borrower/co-borrower/guarantor)