Energy Efficiency 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.

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.

A floating interest rate based on 3M Euribor plus interest margin throughout the entire term of the loan or
A fixed interest rate for the first 3, 5, 10, 15, 20, 25 or 30 years and floating rate thereafter based on 3M Euribor plus interest margin.
Note that the floating interest rate is subject to changes in line with any increase or reduction in Euribor and this may cause your instalment amount to go up or down. Also note that the loan's interest rate is subject to the levy under Law 128/75, currently 0.12%.

You can find all the details regarding the loan rate and charges, here. Please note that the interest rate is calculated when your application is assessed, taking into account factors such as the purpose of the loan, the value of the mortgaged property and your credit score.  

However, ESTIA Green Home also offers you:

• A discount on the fixed fee by 0.10% regardless of the energy category. For example, if the fixed rate margin is normally 2.90% and you are entitled to a 0.10% discount, the final fixed interest margin on your loan will be 2.80%.
• Α discount on the floating rate margin.  This means that you earn a reduction in your interest rate depending on the energy class of the house after the purchase or after the completion of construction or repair works. This reduction amounts to 0.25% for energy classes A and A+ , 0.15% for energy classes B and B+ and 0.10% for energy class C. For example, if the floating rate margin is normally 2.00% and you are entitled to a 0.25% discount, the final interest margin on your loan will be 1.75%.

The loan is available at a floating rate, based on the 3Μ Euribor 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.

Yes, you can make an early or partial repayment at any time without any additional charge.

You can choose the energy efficiency loan to purchase products and services that improve the energy efficiency of your home such as:

• The installation of
  • a green roof
  • natural gas supply
  • thermal insulation on walls and roofs
  • a biowaste treatment unit
  • solar heating system
  • cooling systems (floor cooling, fan coils) and sunshade systems
  • geothermal systems
  • wind energy systems
  • photovoltaic systems
• The replacement of old central-heating boiler and/or water heater
• The construction of rainwater collectors
• Α+ energy-efficient electrical appliances
• The replacement of window frames and panels