Cyprus

Interest Rate

6% (typically)

Loan Purpose

Residential & Commercial

Min Loan

€45,000

Max Loan

No max but must not exceed 80% of the Valuation or purchase price of the property.

Term

25 years or up to age 70

Maximum LTV

80% ( Loan to value)

How much can Borrow?

The amount you can borrow will depend on your disposable income after all your monthly commitments have been paid. Generally you will be required to have 40% of your income left, after all your commitments have been paid including your new mortgage.

Purchase & Re Mortgage

Yes