Real estate credit
The best way to benefit from tailor-made support for a real estate project.
Apply for a real estate credit with BERDINVEST
For a successful real estate investment
Real estate credit is the type of loan by which a lending organisation (a bank, a finance company) makes available to one or more non-professional borrowers a sum of money to finance the construction or acquisition of a building (housing and/or land) for residential or mixed use (i.e. residential and professional).
How much can I borrow and for how long?
The best amount to choose depends on your project, your current situation and how much, if any, you are willing to contribute. The important thing is that your debt ratio should not exceed 35% so as not to complicate the situation.
Our simulator is there to help you find out just how much you can borrow depending on the term and the rate associated with it.
Moreover, the reflection on the duration of the loan is to be taken seriously because it will have consequences on many parameters of your credit:
- your real estate credit interest rate
- your insurance
- the type of credit you are going to take out
- your debt ratio
- the cost of your credit!
So, what is the recommended term of your loan? We explain everything to help you choose.
Since the end of December 2019, the High Council for Financial Stability has recommended that you should not exceed 25 years in order to avoid over-indebtedness. As we have already mentioned, this recommendation now extends this term to 27 years for new purchases, as it adds a deferral period of up to two years.
In any case, 30-year loans will therefore end up becoming increasingly rare and will be made on an exceptional basis.
To tell the truth, there is no better loan term than any other. We can’t tell you that it’s better to borrow over 20 or 25 years. It all depends on your situation and your financing capacity, which are unique to each person. Therefore, each real estate credit with its interest rate and duration will be proposed according to the borrower’s profile.
As you have understood, the best term for a home loan is therefore the term that allows you to repay your loan without hindrance, without putting you in a difficult situation.
What you need to remember
The best amount to choose depends on your project, your current situation and the contribution, if any, you are prepared to make. In fact, the best term for a real estate credit is therefore the term that allows you to repay your loan without hindrance, without putting you in a difficult situation.
If you have such a project then BERDINVEST real estate credit is the right choice for you as we offer the best annual interest rate on the market; fixed annual interest rate of 3.29% per annum.
Ready to make your project a reality?
Committed to your service for several years, BERDINVEST has carried out projects with a total value of more than 28,956,000 €. Your project should be next.