Mortgage Calculator for Young People
Frequently asked questions
What is the mortgage calculator for young people?
The mortgage calculator for young people is an online tool that helps you quickly and easily calculate the monthly installment, total interest, and the amount you will pay by the end of the loan term — based on the loan amount, repayment period, and interest rate.
Who can use the mortgage calculator for young people?
Anyone planning to take a mortgage for young people, especially those aged 20 to 36 who want to learn about possible costs, subsidies, and terms.
What information do I need to use the mortgage calculator for young people?
You need to enter the loan amount and repayment period.
Does the monthly installment change during the loan repayment?
Yes, it changes after six years to a variable interest rate: 3M/6M EURIBOR + 2.0%.
Who can I contact for more information about the mortgage calculator for young people?
For additional questions, precise calculations, bank offers, and expert assistance with mortgages for young people, you can contact us directly at phone number 066 68 68 998. Our team of financial advisors is ready to help you find the best solution!
Does the mortgage calculator for young people include insurance and fee costs?
No. The calculator only computes the loan installment, excluding additional costs such as notary fees, property appraisal fees, life/property insurance, mortgage registration fees, etc.
Does the calculator immediately tell me if I qualify for the loan?
No. It only calculates your estimated installment. The loan approval decision is made by the bank.
Can I use the calculator if I plan to buy a house instead of an apartment?
Yes, you can use the calculator to estimate loans for buying different types of real estate, including houses.
How does the calculator help young people?
The calculator allows you to quickly estimate your monthly loan installment based on your input, helping you plan your budget before applying.
Can the calculator estimate installments if I am unemployed?
Yes, you can calculate your monthly installment, but keep in mind that unemployed applicants usually need a family member’s guarantor when applying.
Can I use the mortgage calculator for young people if I am an entrepreneur, farmer, or freelance artist?
Absolutely! The calculator works for all eligible employment categories and activities approved by the bank for this loan.
Does the calculator check my creditworthiness?
No, the calculator only provides an approximate monthly installment estimate. The bank performs the final creditworthiness assessment.
Can I use the calculator multiple times with different parameters?
Of course! The calculator is designed for you to experiment with different amounts and repayment terms until you find the best option for yourself.