Responsible home purchase through green home loan
Our homes have a big impact on the environment. Our greenhouse gas emissions are significantly influenced by the amount of heat and electricity we use at home. As a result, we would like to encourage the construction and purchase of energy-efficient homes.
- Lower monthly bills
- Environmentally friendly
- Healthier home environment
- Long-term property value advantage
Criteria for receiving green home loan
A well-considered purchase may be a step towards a more environmentally friendly lifestyle
There is no doubt that excessive consumerism has become a major problem relating to climate change and created many negative consequences for the environment. Everything we purchase has an environmental impact, and we strongly encourage conscious consumption. Only consider buying a product or service you need and evaluate whether the use of that product or service can contribute towards mitigating climate change.
Choices matter. Make the right one for the environment.
To support sustainable decisions we offer special interest rate for battery powered electric vehicles.
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Typical example for calculating annual percentage rate of charge (APRC)
If you receive a loan of EUR 100,000 that is secured by real estate and repay it over 25 years using the annuity method (300 monthly instalments), you will pay a total of EUR 166,474.41; have a monthly payment of EUR 547.91; the annual percentage rate of charge (APRC) will be 4.58%.
The APRC shows the total cost of the loan and includes these costs:
- 4.3% variable interest;
- EUR 0 agreement fee;
- EUR 8.60 for mortgage registration;
- EUR 1 per month minimum fee for basic banking services;
- EUR 70 per year for home insurance.
The APRC does not include the cost of property valuation or the fee charged by a credit intermediary.
The APRC and the total amount to be paid are calculated under these assumptions: the loan is paid out on the date the agreement is signed; the interest rate and fees stay the same during the whole loan period; you meet all the terms of the loan agreement on time.
Repayment of the loan is secured by taking out a mortgage against the real estate you own or acquire in Lithuania. If you do not follow the loan agreement or fall behind on payments, you risk losing ownership of your mortgaged property. The mortgaged property must be insured in favour of the bank throughout the loan term.
