New Home loans through Banca Transilvania

Banca Transilvania grants Noua Casa loans with an interest rate of 2% + IRCC (1.17%). Of the total ceiling of 1.5 billion lei for the banks in the program, almost 250 million lei went to Banca Transilvania.

Last year, the balance of real estate loans granted by BT - including Noua Casa loans - increased by 15% compared to 2020. In 2021, more than 14,000 Romanians bought their homes with the help of Banca Transilvania, the amount granted being over 3.7 billion lei.

New House details:

• The minimum down payment is 5% for housing up to 70,000 euro, RON equivalent, and 15% for housing between 70,001 and 140,000 euro, RON equivalent. The maximum amount that can be obtained is up to 119,000 euro.
• The interest rate is variable, calculated according to the consumer credit reference index (CRCI), plus a fixed margin of maximum 2%.
• The maximum grant term is 30 years.
• There is no fee for file review and monthly account management fee.
• The programme is aimed at individuals, who can buy housing through state-guaranteed loans.
• The home insurance must cover all risks and be at the market value at the time the annual insurance is taken out.
  
  

Useful for customers:

• FNGCIMM Guide to the New House 2022 Programme
• Loan terms explained by BT