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Housing loan with combined interest rate

While you’re choosing your new home, choose and combine interest rates! Switch from fixed to variable interest rate and vice versa. Every three years you have a choice.

Calculate the monthly installment for the loan amount requested and the desired repayment period.

0 EUR Loan
0 Fee for loan processing
0 Loan processing fee amount
* the calculator is indicative only.

Izračunajte mesečnu ratu za traženi iznos kredita i željeni period otplate.

Amount of real estate
0 EUR Loan
0% NIR
* the calculator is indicative only.
Calculate your instalment on the assumption of the variable part of the interest rate change and/or exchange rate change

Access the calculator of the National Bank of Serbia here

Do you have any additional questions?

If you have any questions or concerns, our experienced bankers are at your disposal.

Get a new home while choosing between fixed or variable interest rates

OTP combined housing loans – when you know that „And“ is better than „Or“

Choosing a new home and housing loan is a major decision in the life of any family that is worth careful consideration for the decades ahead. Buying a home is also always a good investment.

Thanks to our housing loans offer, all that is left for you to do is to choose you future dwelling and pick the interest rate that suits you best.

OTP combined housing loans are a unique type of housing loans on our market that enable you to switch from variable to fixed interest rate or vice-versa throughout your repayment period.

At the very beginning, you may choose which interest – fixed or variable – to begin your loan repayment with. Every three years, the bank gives you the possibility either to keep the selected interest type, or to switch to the other one, free of charge.


Basic conditions and features of housing loan with combined interest rate

The bank reserves the right to make a decision on the loan approval, as well as to request additional documents and guarantees.

  • Minimum share of 10% if the mortgage is placed on some other registered objects.

  • Wondering why it’s important to insure your life while repaying a home loan? A housing loan is a life project. It lasts on average 15-20 years. In case of unforeseen life circumstances, it may happen that the heirs cannot pay the installments on the loan for the mortgaged apartment. In order for the family to be secured, it is important that you insure yourself. The insurance company will repay the rest of the debt on the loan and the bank will delete the mortgage from the apartment. It’s all up to you.

Representative example
Representative example of a combined housing loan with initial fixed interest rate over the first 3 years, switched to variable interest rate
Property value37.500 EUR
Client down payment7.500 EUR
Bank loan amount30.000 EUR
Repayment period30 years
NIR annually over the first 3 years5,45%
Monthly instalment over the first 3 years169 EUR
NIR annually after the first 3 years3,29% + three-month EURIBOR
Monthly instalment after the first 3 years153 EUR
Fee for loan processing (0% of the loan amount)0 EUR
Costs associated with loan approval, known at the time of publishing
Bill of exchange100 RSD
Credit Bureau basic report246 RSD
Certification of pledge statement10.080 RSD
Property insurance - annually40 EUR in RSD equivalent
Issuing of real estate folio in the land register10 EUR in RSD equivalent
Real estate valuation100 EUR in RSD equivalent
Mortgage registration20.000 RSD
EIR annually 5,27%
Total amount of loan (principal, interest and costs)58.075 EUR
EIR calculated on05.10.2022.

EUR-indexed loans are contracted in RSD equivalent at the NBS middle exchange rate. The interest rate is variable and consists of a reference rate - three-month EURIBOR as a variable rate, and Bank’ margin as a fixed rate, in accordance with Bank’s Tariffs. Variable interest rate is adjusted on the first business day of each month in accordance with changes in the reference EURIBOR rate which, on the day of calculations for the sake of this representative example, i.e. on 05.10.2022. stood at 1.1850.This offer is for guidance purposes only. For a personalized offer we are at your disposal at our Bank's branches.

Do you have any additional questions?

If you have any questions or concerns, our experienced bankers are at your disposal.

Additional information on applying for a housing loan with combined interest rate

Loan applicant:

  • Permanent employment of indefinite duration minimum 6 months with the current employer.
  • Transfer of personal income to the current account held with our Bank

Loan collateral instruments:

  • Enclosed real estate insurance policy
  • Enclosed life insurance policy optionally at the client’s request
  • Bill of exchange and bill of exchange authorization
  • First-class mortgage on real estate
  • Administrative ban

You can take life and property insurance in each of our Banks branch and thus complete the entire process easily and in one place.  Regular payment of insurance premium is provided through standing order which is free of charge and exempt from payments fee.

List of required documents

Please submit the application via our online contact form, and we will contact you

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