ESTIA PRIVILEGE loans provide security against future rate increases, on the basis of a pre-set term and rates fixed for the first 3 or 5 years.
If you choose a loan with a repayment term that is longer than the fixed rate period, after the fixed rate period expires, your loan instalments will be calculated on the basis of the 3Μ Euribor, subject to a minimum equal to the ECB’s intervention rate, plus fixed margin throughout the entire loan term.
The loan amount, subject to a minimum of €10,000, may finance up to the total cost of your investment (based on your purchase contract), or of your relevant project. The overall loan repayment term ranges from 6 to 40 years.
The loan term of the fixed rate period and of the overall loan repayment term can be arranged to suit your needs, on the basis of a loan programme of your choice.
ESTIA PRIVILEGE loans are intended for:
- purchase, construction, completion, extension or repair of premises
- purchase of land.
ESTIA 3, 5 PRIVILEGE at a glance
| |
Term |
Interest rates |
| Loan amount |
Total term* |
Fixed rate period |
Floating rate |
Fixed rate period |
Floating rate |
| From €10,000, up to the full cost of your investment or of the project cost. |
From 6 to 40 years |
3 or 5 years |
Remaining term |
Fixed rate for the first 3 or 5 years |
Floating rate linked to the 3M Euribor + fixed margin throughout the entire term + fee provided in law 128/75 (currently 0.12%) |
*loans with a fixed rate for the first 3 years, are subject to a minimum term of 10 years.
Furthermore, along with your ESTIA PRIVILEGE loan (or any one of NBG’s Housing loans) you are entitled to privileged rates, if you are an accountholder of NBG’s Salary Plus.
In cooperation with Ethniki Insurance, NBG offers you programs with fast and easy procedures at remarkably low premiums:
- property insurance
- borrower/Guarantor Life Insurance
For more information on the terms and conditions of the relevant programs, click on Details.