Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation or modernization, or remortgage) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property.
Last updated 24 April 2017
The table below shows essential details of selected mortgage loans products offered to retail customers by the banks in different European countries: borrowing rate per annum and loan term in years.
|Country||Min Borrowing Rate||Max Borrowing Rate|
|Germany||0.85 % (5 years)||2.99 % (25 years)||View Products|
|Netherlands||3.00 % (5 years)||6.00 % (20 years)||View Products|