| Terms for standard Mortgage loan |
| Loan amount |
min - 1,000 GEL
max-individualy
|
| Loan term |
min - 6 months
max:
in GEL- 240 months
In foreign currency- 180 months
|
| Loan currency |
GEL, USD, EUR
|
| Anual interest rate |
GEL – from +3.5% to re-financing rate
USD/(fixed) - from 7.50%
EURO(fixed)- from 6.50%
USD(variable)- from +6% to 6 months LIBOR rate
EURO(variable)- from +5% to 6 months USD LIBOR rate
|
|
| Effective interest rate |
GEL- from 12.43%
from 8.03% in USD
from 6.96 % in EUR
|
|
|
loan repayment rate
|
equal monthly installments
|
|
collateral
|
Real estate
|
| volume of income |
GEL 300 (Equivalent in USD and EUR)
|
|
Loan disbursement fee
|
0.5% |
| Fee for searching the information on not being allocated in the Credit Info base |
18 GEL/ 6 USD/ 4 EURO |
|
Contribution in case of purchase of real estate
|
0 % (fixed as per the liquidation value of the property)
|
**If Loan amount is less than 200,000 GEL (Equ. in other currency) the loan may be issued only in GEL
The loan is disbursed to residents of Georgia, as well as non-resident persons. The loan is disbursed to non-resident persons within the terms of the business contract applicable in Georgia.
Please consider, if you are unable to visit the bank at daytime, during the workdays Pekini branch of terabank offers you a retail credit services until 21:00.