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Step
Cyprus
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Currency:
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All Major
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Minimum Loan:
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$35,000.00
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Maximum Term:
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10 Years
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LTV:
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70%
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- Loan Type
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Repayment mortgage. Non-Status loans are currently not available.
- Property Type
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Greek Cypriot residential property.
- Loan Use
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House purchases and home improvements.
- Loan Amount
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Minimum $35,000. No Maximum. Note: Loan amount must not exceed the lower of: 70% of the property valuation or the total property purchase price.
- Currency
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All Major Currencies, including Sterling, Euros, and US Dollars.
- Current Interest Rate
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Starting at 2.00% variable in LIBOR.
- Term
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10 years (to age 70).
- Payment Estimates
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For an $89,000 repayment mortgage with a 10-year term at a variable interest rate of 6.00%= payments of approximately $1,002.30 per month (including capital & interest). The total approximate amount payable over the term = $124,000. including capital, interest, arrangement, and survey fees.
- Eligibility
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Proof of Income is required in all cases. Income can include Earned Income, Pension Benefits, Investment Income, or Rental Income. Note: The Lender may not consider ALL forms of income when determining the maximum loan available.
Apply for a loan in Cyprus
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