Special housing loan campaign for newlyweds has begun

Public banks have launched special housing loan campaigns specifically aimed at supporting newlyweds. With the newly announced loan packages, financial support is provided to those who wish to become homeowners, featuring flexible payment terms and low interest rates.

SPECIAL HOUSING LOAN CAMPAIGN FOR NEWLYWEDS

According to a report by Hürriyet, there are specific criteria to qualify for the special housing loan packages offered to newlyweds.

The application requirements are as follows:

The applicant or their spouse must not have turned 35 years old

No more than 3 years must have passed since the official marriage date

Neither the applicant nor their spouse may own any real estate

Couples who meet these conditions will be able to utilize the loan with flexible payment plans and advantageous interest rates.

FLEXIBLE REPAYMENT OPTIONS ARE OFFERED

Flexible repayment terms are also provided within the scope of the special housing loan campaign. To benefit from the loan, applicants are required to use certain banking services. These services include:

OPENING A DEMAND DEPOSIT ACCOUNT

Setting up at least three automatic payment instructions

Holding a credit card or having an approved credit card

Completing internet or mobile banking registration

Purchasing life insurance, DASK (Compulsory Earthquake Insurance), and home insurance

Holding at least three products from the Private Pension System (BES) or other insurance products.

Repayment options can be planned as equal monthly installments, flexible payments, or with a grace period of up to 3 months.

INTEREST RATES AND MONTHLY INSTALLMENTS

Interest rate: 2.55 percent

1 million TL loan, 120-month term: 26,806 TL monthly installment

At other banks, the interest rate is at the 2.59 percent level, and for a 1 million TL loan with a 120-month term, the monthly installment is calculated as 27,162 TL.

News Source: 12punto