Loans

You can pay by monthly amortization installments, starting one month after the loan disbursement and payable via the borrower's designated loan-linked Deposit Account with NBG.

If you opt for a grace period, you only pay interest each month for its duration.

The Bank sends you a monthly notification regarding your housing loan, remaining principal, remaining installments, the interest rate on outstanding amounts, etc. Moreover, if you're using NBG Internet Banking, you can register with Statements and receive notifications via email.

Depending on the mortgage you will choose, the interest rate will be fixed, floating or a combination of the two. For all the information about the interest rate and the loan expenses, click here.  

It is helpful to know that the loan rate is customized after reviewing your loan application and taking into account factors like the purpose of the loan, the property value, and your credit score.  

The loan is available at a floating rate, based on the 3Μ Euribor, subject to a minimum equal to the ECB's intervention rate, plus a fixed margin rate throughout the entire loan term. Please note that the floating rate fluctuates in line with any increase or decrease in the base rate, which will impact your monthly installments accordingly. The floating rate also includes the levy required under Law 128/75, currently 0.60%. 

For further details about the loan rate and expenses, click here.