| Loan amount |
min - GEL 1000
max - GEL 200 000*
|
| Loan maturity |
min - 6 months
max in GEL - 180 months;
USD, EURO - 120 months**
|
| Loan currency |
GEL, USD, EURO |
| Loan repayment rate |
equal monthly installments |
| collateral |
purchase of real estate
|
|
Annual interest rate
|
GEL: refinancing rate + from 3.8%
|
|
USD: from 7.40% (variable rate tied to Libor)
|
|
EUR: from 6.40% (variable rate tied to Euribor).
|
|
Effective interest rate
|
GEL - from 16.2%
|
|
USD - from 8.70%
|
|
EUR - from 7.60%
|
|
Fee for finding information in the Credit Info database
|
18 GEL/6 USD/6 EUR
|
|
Loan Issuance Fee
|
0.9% (min. 50 GEL)
|
|
Withdrawal Fee
|
GEL - 0.20% min. 0.50 GEL
|
|
USD/EUR - 0.50% min. 1 GEL (in the respective currency)
|
*Less than 200,000 GEL (in equivalent currency) will be issued in GEL only.
**In case of a mortgage loan issued in a foreign currency, if the borrower's income is in the currency of the loan - not more than 15 years.
In the case of a mortgage loan issued in a foreign currency, if the income of the borrower and the currency of the loan differ from each other - not more than 10 years.
See the registration / termination fee at the link
When refinancing a mortgage loan issued in a foreign currency from January 1, 2019 to January 1, 2022, if the loan is issued in a foreign currency and the borrower's income and loan currency differ, the maximum loan term is allowed to be 15 years.