Follow world trends and invest in the quality of your accommodation capacities.
Universal Capital Bank’s tourism development loans will assist you!
| Option | Tourism Development Loan |
|---|---|
| Nominal interest rate | 7.50% – 9.00% |
| Maturity | up to 60 months |
| Grace period | 3-6 months |
| Mode of repayment | As per contract |
| Collateral | mortgage / guarantee / pledge / other |
| One-time fee | up to 10,000.00 EUR – fee is 97.00 EUR above 10,000.00 EUR – fee is 148.00 EUR |
| Total Loan amount | 60,000 € |
|---|---|
| Installments | 60 |
| Monthly installment amount | 1,195.10 € |
| 1. one time fee | 148.00 € |
| 2. RKB report | 3 € |
| 3. Cost of five exchange bills | 10 € |
| 4. Real estate valuation costs | 110.00 € |
| 5. Real estate insurance costs | 56.69 € |
| 6. Real estate pledge statement costs | 276.25 € |
| 7. Mortgage registration costs | 20.00 € |
| 8. Real estate certificate issuance costs | 8.00 € |
| Annual nominal interest rate | 7.50 % |
| *Effective interest rate | 7.98 % |
| Total interest | 11,706.00 € |
| Total costs | 12,337.94 € |
| Total repayment amount | 72,337.94 € |
