Student Loans with mortgage

Purpose
• Coverage of tuition fees, accommodation and personal expenses of the student
 
Loan Amount
• Up to €100.000

Collateral
• Mortgage or other security

Repayment Period
• Up to 20 years

Repayment Method
• Standing Order from a bank account
 
No Initial Bank Expenses

No semi annual compound interest 

Insurance
• Insurance Life Policy; starting from 2,40‰ on a yearly basis calculated on the loan balance
• Fire Insurance Policy; 1,65‰ calculated on the value of the mortgaged immovable property

Beneficiaries
•  All students enrolled at a college or a university

Grace Period
• Only interest amount is paid during the period of the studies plus one year with a maximum repayment period of 5 years
 
Gradual Disbursement of the loan
• The interest is calculated on the disbursed amount of the loan