Customers will obtain an additional discount of 0.05 points on the usual price if they contract a fixed loan of more than 150,000 euros.

Customers will obtain an additional discount of 0.05 points on the usual price if they contract a fixed loan of more than 150,000 euros.

Customers will obtain an additional discount of 0.05 points on the usual price if they contract a fixed loan of more than 150,000 euros.

Openbank has once again lowered the interest rate on its fixed and mixed rate mortgages, both for new mortgages and for those customers who bring their mortgage to the digital bank, as reported on Tuesday.

The fixed-rate mortgage now has a TIN interest from 1.15% (1.35% APR) for customers who finance their home for up to 15 years, a 1.25% TIN (1.45% APR) of 16 to 20 years, 1.30% TIN (1.49% APR) from 21 to 25 years and 1.35% TIN (1.49% APR) for loans with a term of between 26 and 30 years, according to Europe Press.

Regarding the mixed mortgage, Openbank offers a loan with a fixed section during the first ten years at 1.05% TIN (1.25% APR) for mortgages with a term of less than 15 years, at 1.15% TIN ( 1.35% APR) from 16 to 20 years, 1.20% TIN (1.39% APR) from 21 to 25 years and 1.25% TIN (1.44% APR) between 26 and 30 years. As of year 11, the interest on the loan is set at Euribor +0.49% in all cases, fulfilling discount conditions.

In addition, customers will obtain an additional discount of 0.05 points on the usual price if they contract a fixed loan of more than 150,000 euros and provide the necessary documents such as the latest pay slips, receipts or the identity document of the holders within ten days.

Likewise, they will be discounted with another additional 0.05 points on the nominal interest rate of the mortgage if, in addition, they request the appraisal (the amount of which will be reimbursed later) and the simple note of the house in the following ten days.

The bank has recalled that, in all cases, its mortgages are exempt from opening commissions, partial amortization, subrogation or change of conditions.

Requirements

Customers can get a mortgage pre-approval letter in minutes without opening a mortgage account. entity until formalization, while the application and procedures for hiring can be done online with the support of a personal manager.

As reported by the bank, the requirements to benefit from these conditions are that the holders direct a salary or pension of at least 900 euros per person and that they take out home insurance with Openbank.

The entity has celebrated that, with the new reduction, it is consolidated as “one of the most competitive options in the market for this product segment”. The fixed-rate modality has continued to gain ground among customers in recent months and already accounts for nearly 70% of the bank’s new mortgage production.

Adminartua

Leave a Reply

Your email address will not be published.