HELLENIC HOME Five-Year Fixed Interest Rate Loan

HELLENIC HOME Five-Year Fixed Interest Rate LoanBasic CharacteristicsThis loan is targeted to persons who wish to purchase a home, or effect repairs or improvements to an existing home or property.Annual fixed interest rate: 5,00% for the pre-determined period (five years).Ability to switch to a variable interest rate or another fixed interest rate loan at the end of the five year period, depending on the specific products Hellenic Bank will offer.Loan currency: Euro.Minimum loan amount: €15.000.Maximum loan amount: up to 100% of the market value.Loan duration: 5-40 years.Frequency of loan installment payments: monthly or quarterly (depending on customer choice).Collateral: 130% of the loan amount.Ability to early settlement of the loan in part or in whole with a penalty of 2% payable on the remaining loan balance.Loan payment methods: at Hellenic Bank’s cashiers, with cash deposits, transfers from a deposit account, or by a standing order to Hellenic Bank to automatically transfer the payments from a deposit account (without fees).Basic AdvantagesVery low initial fixed interest rate of 5,00% for the first five years.Ability to offer a grace period.Low charges.Quick approval process.Free automatic payment of loan installments.Additional BenefitsA number of additional benefits are offered with the Hellenic Home Fixed interest Rate loan that cover additional needs when purchasing a home such as:Eligibility for the approval of Hellenic Bank Visa credit card (classic or gold) with two-year free membership and a 5,50% intereste rate, for the first 12 months, on credit card balance transfering from other banks.Attractive home insurance package through Hellenic Bank