Make a more energy-efficient home happen GREENKO housing loan
Purposes of the GREENKO housing loan
For the bank, energy-efficient properties are those that, based on their energy certificate, meet the following conditions:
a) properties constructed before 1 January 2021:
– energy class of specific annual primary energy A+
b) properties constructed after 1 January 2021:
– the “nZEB” mark and
– the value of specific annual primary energy is at least 10% lower than the threshold set for nearly zero-energy buildings (nZEB) requirements according to national criteria
GREENKO housing loan conditions - combined interest rate
Loan amount 14.000 - 500.000 EUR
Repayment period 5 - 30 years
Fixed interest rate for first 5 years 2,40% (EIR 3,19%)*
variable interest rate for the remaining repayment period**
*Interest rate with included bonus for clients with regular income and clients in the process of transferring income to RBA.
**The variable interest rate after the expiry of the fixed interest rate period is determined as the sum of a fixed margin of 1.45% and the 12-month EURIBOR.
Additional information in accordance with the Act on Consumer Housing Loans:
After the fixed interest rate period expires, there is a risk of interest rate changes, which may affect the total amount payable as well as the installment amount paid by the borrower.
The loan is secured by a mortgage on the property. For the loan, it is mandatory to conclude an agreement on additional services: an agreement on a current/multicurrency current account in order to achieve the status of a primary client, a property insurance policy and, if necessary, a life insurance policy.
Combined interest rate – representative example
Client type | Primary clients | Other clients |
Loan amount | 87.000 EUR | 87.000 EUR |
Interest rate for the first 5 years | 2,40% | 2,60% |
| Interest rate for the remaining repayment period | 3,48% | 3,68% |
Effective interest rate (EIR) | 3,19% | 3,35% |
Loan period (months) | 22 years / 264 monthly repayments | 22 years / 264 monthly repayments |
Monthly repayment with fixed interest rate | 424,49 EUR | 433,08 EUR |
| Monthly repayment with variable interest rate | 461,89 EUR | 470,99 EUR |
Total interests | 32.694,96 EUR | 35.066,76 EUR |
Intercalary interest amount | 171,62 EUR | 185,92 EUR |
Insurance cost (annual) | 40,00 EUR | 40,00 EUR |
Monthly fee for maintaining the loan account | 2,00 EUR | - |
Real estate price | 187,50 EUR | 187,50 EUR |
Total payment | 121.464,08 EUR | 123.320,18 EUR |
The calculation of the representative example is presented under the assumption of loan disbursement on March 1st and payment of the intercalary interest until March 31st, 2026, with standard annuity repayment.
For the indicative calculation, the 12-month EURIBOR as of March 2, 2026, was applied and amounts to 2.23%.
The total amount to be paid and the effective interest rate (EIR) for the Greenko housing loan include the average annual premium cost for property insurance of 40.00 EUR, the property appraisal fee of 187.50 EUR for properties up to 100 m² and the monthly account management fee of 2.00 EUR for clients who direct their regular monthly income to their RBA account, based on which they are eligible for the primary client bonus.
Special GREENKO housing loan offer until 31.5.2026. – fixed interest rate
Loan amount 14.000 - 500.000 EUR
Repayment period 5 - 30 years
FIXED INTEREST RATE 2,90% (EIR 3,09%)*
for the entire repayment period
*Interest rate with included bonus for clients with regular income and clients in the process of transferring income to RBA.
Additional information in accordance with the Act on Consumer Housing Loans:
The loan is secured by a mortgage on the property. For the loan, it is mandatory to conclude an agreement on additional services: an agreement on a current/multicurrency current account in order to achieve the status of a primary client, a property insurance policy and, if necessary, a life insurance policy.
Fixed interest rate - representative example
Client type | Primary clients | Other clients |
Loan amount | 87.000 EUR | 87.000 EUR |
Fixed interest rate | 2,90% | 3,10% |
Effective interest rate (EIR) | 3,09% | 3,24% |
Loan period (months) | 22 years / 264 monthly repayments | 22 years / 264 monthly repayments |
Monthly repayment | 446,16 EUR | 455,01 EUR |
Total interests | 30.786,24 EUR | 33.122,64 EUR |
Intercalary interest amount | 207,37 EUR | 221,67 EUR |
Insurance cost (annual) | 40,00 EUR | 40,00 EUR |
Monthly fee for maintaining the loan account | 2,00 EUR | - |
Real estate price | 187,50 EUR | 187,50 EUR |
Total payment | 119.591,11 EUR | 121.411,81 EUR |
The calculation of the representative example is presented under the assumption of loan disbursement on March 1st and payment of the intercalary interest until March 31st, 2026, with standard annuity repayment.
The total amount to be paid and the effective interest rate (EIR) for the Greenko housing loan include the average annual premium cost for property insurance of 40.00 EUR, the property appraisal fee of 187.50 EUR for properties up to 100 m² and the monthly account management fee of 2.00 EUR for clients who direct their regular monthly income to their RBA account, based on which they are eligible for the primary client bonus.
How to get a GREENKO housing loan?
Submission of documentation
Submit the loan application with additional documentation at the branch office.
Real property appraisal
The real property appraisal is ordered on your behalf by a personal banker with an authorized appraiser.
Loan processing and approval
On the basis of the collected documentation and real property appraisal, we make a decision to approve the loan, which can amount to a maximum of 95% of the real property’s estimated value.
Conclusion of the agreement and registration of the mortgage
The banker will let you know when the agreement and all other documents are ready to be signed and solemnized by a notary public. The notarized loan agreement, through a notary office or lawyer, is submitted along with the Proposal for the Registration of a Lien to the competent Municipal Court (land registry).
Loan disbursement
Money disbursement directly to the seller or to your account follows after the receipt of the Decision on Registration of the Mortgage and Contracting of Collateral.
Schedule a meeting
FAQ
Find answers to the most frequently asked questions.
Creditworthiness is determined according to the bank’s internal acts based on your average income and existing debts. Existing debts refer to the amounts of your financial obligations, such as other loans that are already being repaid, approved overdraft limits on current accounts or credit cards, and obligations as co-borrower, guarantor, etc.
Creditworthiness is determined according to the bank’s internal acts.
You will get the most specific information about the possibility of realizing a housing loan in the branch office, where our employee can make an informative calculation for you. This is exactly why, when it comes to a home loan, we recommend arranging a meeting in the branch office in order to get all the necessary information.
The bank approaches the verification of the submitted documentation for each individual request with due diligence and, by analyzing the data, we make a decision as to whether the stipulated conditions for loan approval are met. The time in which the submitted documentation will be checked and the analyzed data based on which the decision on loan approval is made differs for each individual request. One of the conditions on which the processing time of the request depends is the preparation of the real property valuation report, which is performed by authorized appraisers.
Yes, it is possible to pay off part or all of the housing loan early. For early repayment of part or all of the housing loan, a request for early repayment should be submitted. Regular interest is not paid on the loan amount that is repaid early for the remaining repayment term.
Mandatory insurance collaterals for a housing loan are as follows:
- lien (mortgage) on residential real property in favor of the bank
- real property insurance policy against fire and other hazards linked in favor of the bank
- statement on confiscation of fund with the consent of the debtor for all participants in the loan
- promissory note for all participants in the loan.
When contracting a housing loan, you can choose the following:
- standard annuity repayment – you repay the loan in equal monthly annuities. The amount of the annuity is the same every month during the entire loan repayment term – the principal share increases over time, and the interest share decreases.
- Flexi annuity repayment (for loans with a minimum repayment term of 15 years) – during the first 5 years, you repay the loan in reduced monthly annuities that you choose yourself. The minimum amount of the Flexi annuity is the sum of the interest and 10% of the principal calculated according to the standard annuity repayment, while the maximum Flexi annuity is equal to the annuity calculated according to the standard annuity repayment. After the expiration of the Flexi repayment period, the remaining outstanding principal of the loan is repaid according to the standard annuity repayment.
- installment payment – you repay the loan in installments, the amount of which decreases with the time of repayment of the loan. The share of principal in each installment is the same and the share of interest is reduced.
Useful documents
Find useful contracting documents and useful information.
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