Representative example with Active discount: In case of a loan of HUF 5,000,000 mortgage loan for a term of 20 years, with a subsidized mortgage registered on a real property, with a 5-year interest rate period, the loan’s interest rate varies in each interest rate period, rate of 5,50% per year, the number of instalments is 240 repayment, the monthly instalments in the first interest rate period total HUF 34 689 the APR3 may change in the additional interest rate periods as the interest rate changes, APR1: 5,13%. the total credit fee is HUF 2 860 293(which, in addition to the standard interest rate, is composed of the following fee related to the transfer of the loan amount: HUF 17 500, fee for property registration procedure: HUF 12,600 per item; (lien registration request), fee for the title deed requested from the Takarnet system: HUF 1,000 per item). Total amount payable by the consumer: HUF 7 860 293 The premium of the property insurance policy taken for the property used as collateral is not known to the creditor, and is therefore not included in the APR.
Please contact our branch staff or call us for further information.
Government Decree No. 341/2011 provides for the conditions and detailed rules for using state interest rate subsidies.
You will be entitled to an Active discount, i.e. 0.50% from the standard interest rate for the whole term of the loan, if you fulfil the following requirements:
With regard to the loan applied for as part of this promotional offer, which is valid until withdrawn, with the exception of the first 2 months of the term, the bank shall inspect compliance with the necessary conditions monthly, for the period between the first and last day of each calendar month. If you fail to meet the requirements in a reviewed month you will not be entitled to the interest discount in the subsequent month.
If the specified conditions are fulfilled, the bank will supplement the state subsidy applicable for the first 5 years of the term of the loan with a maximum 0.50% Active discount3 for the full term of the loan, thus further decreasing the loan’s monthly repayment. Would you like to use the one-off banking costs applicable to taking the loan to beautify your home? You can do that. If you apply for the Home-Making Loan, you don’t have to pay any disbursement commissions or one-off handling fees.
The Responsible Lending and Banking Terms and Definitions may help you become more knowledgeable on contracting a loan, while at the website of the Hungarian National Bank’s Financial Customer Protection Centre in Hungarian you can find product descriptions in Hungarian that help you make responsible decisions, as well as applications that help you make comparisons. Please make a responsible and prudent decision with respect to taking out a loan, taking your income into account.
Choose a UniCredit account for your everyday finances
You can reduce the monthly account management fee of numerous accounts if your income is credited to a UniCredit bank account. Contact our colleagues at any of our branches; they can help you to choose the bank account that best suits your needs. Use our website to calculate which bank account best suits your needs. Count on us!
Are you planning an apartment renovation?
You can use our Stable Interest loan. APR7 4.51-19.86%
Are you looking for property insurance to protect your home? Look at what Allianz Biztosító can offer.
This information is not comprehensive. This information does not qualify as an offer; all the data stated herein are for information purposes only. The Bank reserves the right to make amendments. This information does not constitute any obligation for the bank to approve and disburse the loan. The bank assesses the applicant’s assets and income and the collateral value of the property securing the loan based on its own Loan Approval Regulations and the prevailing legal regulations. The terms and conditions of the loan product and any other conditions are included in the Bank’s Business Regulations for Retail Clients and the announcements under the title of “Conditions for Loans provided by UniCredit Bank Hungary Zrt. for Private Customers”, as well as the List of Conditions.
1 According to Government Decree No. 341/2011 (XII. 29.): expansion is construction work performed in order to expand the useful floor area of the home with at least one living room, including the building in of the roof area, which does not result in the increase of the cubic capacity of the edifice, within the limits of the definitions of Government Decree No. 253/1997 (XII. 20.) on national settlement planning and construction requirements (hereinafter: “OTÉK”).
2 According to Government Decree No. 341/2011 (XII. 29.): modernisation is the installation of drainage, water pipes, electricity and gas pipes or the construction of the internal network of these for the purposes of improving the usage of the home; the establishment of a bathroom in an apartment where there were no such premises; the establishment or replacement of central heating, including the application of renewable energy; the insulation of the building including heat, noise or water insulation works; the replacement of external doors and windows with energy efficient ones; the replacement, renovation or insulation of the roof; and any restoration works related to these directly, up 20 percent of the direct costs of the modernisation.
3 The APR has been determined with respect to the current conditions, prevailing legal provisions and the Active discount applicable for the whole term of the loan in the case of performance of the contractual conditions, and may be altered if the conditions - in the case of reference rate-based interest rates also including a change in the reference rate - change; the APR does not reflect the interest rate risk of loans with variable interest rates.
4 Transfers between your own accounts are not considered for the requirement for the Active discount.
5 All of the HUF transactions below that are launched/initiated shall be regarded as purchase activities: if you make any purchases within Hungary using any POS terminal, or place an order through the internet, or place a phone order and such transaction appears as an item recorded in your account statement for the given period.
6 For a loan for modernisation and expansion purposes, the grace period is to be understood as in addition to the commitment period.
7 The APR has been determined in consideration of the current conditions and the prevailing legal provisions, and may be modified in the event of any changes in interest rates.