Get the Attica My Home Cash Collateral mortgage loan with 100% cash collateral. Meet your needs while maintaining your deposits.
Purpose
Allows you to purchase a new home or finance construction, completion, extension, renovation, or repair of your property. Buy land for building purposes (provided a valid building permit exists) or repay a housing loan from another bank and transfer it to Attica Bank. The process is simple, flexible and tailored to your needs.
How do you benefit?
Without having to spend your savings, with equal cash security coverage, you have the ability to:
- Financing with a preferential interest rate and low costs
- Preferential interest rate on the pledged deposit, which follows the fluctuations of the loan interest rate
- Loan and pledge interest rates linked to the same interest rate index for the entire duration of the financing, with a constant difference between them, equal to the loan margin
- Fast approval and disbursement process.
At a glance
Grant Amount
From €20.000
Interest Rate
3-month Euribor + 0.80% margin (+ 0.12% Law 128/75 levy)
Duration
From 3 to 30 years.
Insurance cover
Mandatory property fire and earthquake insurance for the loan duration. Optional borrower life insurance. Attica Bank collaborates with Interamerican for insurance packages.
Repayment
Monthly instalments.
Collateral funds are gradually released as the loan principal is repaid. The early loan repayment results in the corresponding release of collateral funds.
Collateral Account
Earn 3-month Euribor interest minus applicable deposit interest tax.