Buying a flat or renting a flat depends on your lifestyle and financial possibilities. There is no straightforward answer. Everyone who wants to buy instead of rent a flat first needs to assess their financial situation. If your needs are greater than the savings amount, you can take a mortgage for the purchase of a property. We made a rough financial calculation for buying a flat worth 120,000 euros with a mortgage from the bank:

Mortgage: 120,000 euros Repayment period: 25 years Initial interest rate: 2.99% per year Monthly anuity: 568 euros (4,260 kuna)

To realize this type of mortgage, the loan user needs to have at least a net salary of 9,100 kuna, without existing debt obligations to various bank products (credit, overdraft, credit cards, etc.). Another option is that the loan user has a salary of 7,500 kuna, and the spouse must have 6,000 kuna net, unsecured salary. Third option is that the loan user chooses the maximum repayment period of the loan and that is 30 years (if allowed by age). Then, the monthly anuity is 505 euros (3,787 kuna), and the required unsecured net salary is 8,600 kuna. Which of the options is the best for you? Discussing with our credit broker is the best way to learn everything you're interested in regarding mortgage lending:

calculate the initial creditworthiness – find out up to what value you can buy a flat
comparison of credit conditions in several banks – choose the bank that best suits you
explanation of banking terms – nominal and effective interest rate, anuity and rate, hypote
the process of lending – find out everything about the necessary steps and costs related to the realization of the loan
assistance in collecting credit documentation – prepare the credit application

Credit brokerage service is free service for great benefit! It is important to inform yourself and consider all possible financing options. Only you will be able to choose what is best for you in that way!

Written by: Tin Palanović, Martina Mataić Škugor

About us

Information

Services

About us

Information

Services