Signals have started to emerge recently regarding the long-awaited credit interest rates for those dreaming of buying a house. While Halkbank is preparing a special housing loan package for newlyweds, Ziraat Bank has also announced its new housing loan product.

Following the interest rate cut by the Central Bank, updates on housing loans continue to come.

For those wishing to become homeowners after getting married, Halkbank offers a special housing loan for newlyweds, and Ziraat Bank has prepared a housing loan product package campaign.

APPLICATION REQUIREMENTS

To apply for the loan at Halkbank, it is required that as of the application date, neither of the spouses has reached the age of 35 (not having turned 36).

The applicant or their spouse must not own or hold shares in any real estate, and the official marriage date must not exceed 3 years.

Newly married young couples who want to buy their first home and meet their financing needs with lower interest rates and flexible repayment terms compared to other banks need to meet certain conditions to use the special housing loan. Customers who receive at least the minimum installment amount from Açık Hesap, give at least three automatic payment orders, have a Halkbank credit card or an approved credit card, sign up for Internet/Mobile/Dialog branch memberships, purchase life insurance, DASK, housing insurance from the bank, in addition, define at least three of the BES, I Am Ready for Everything Personal Accident Insurance, Lifesaver Health Insurance, Critical Illness Insurance, Supplementary Health Insurance, Credit Unemployment Insurance products and have the Economical Banking Fee Package can benefit from the loan.

FLEXIBLE PAYMENT OPTIONS

The repayment of the loan can be made in equal installments, with flexible payment options, and up to 3 months of deferred payments. INTEREST RATE IS 2.55%

The interest rate on housing loans has come down to 2.55%. When repaid for 120 months on a 1 million Lira loan, the monthly installment amount comes to 26,806 Lira.

WHAT ARE ZIRAAT BANK’S CONDITIONS?

There are no conditions in Ziraat Bank’s Housing Loan Product Package, and the interest rate is at 2.59%. For a 1 million Lira loan with a 120-month term, the monthly installment is 27,162 Lira.

HOW ARE HOUSING LOAN INTEREST RATES IN OTHER BANKS?

Kuveyt Turk offers a 2.68% profit-sharing rate, Vakifbank offers 2.69% interest, TEB offers 2.85% interest, Turkiye Is Bankasi offers 2.85% interest, Akbank offers 2.85% interest, Yapi Kredi offers 2.89% interest, Garanti BBVA offers 2.91% interest, Ziraat Bank offers 2.59% interest, Denizbank offers 3.81% interest, ICBC Bank offers 4.17%, and Sekerbank offers a 5.89% interest rate for housing loans.