Agribank bank loan mortgage interest rate is 2019 extremely preferential, only from 6% / year. After the end of the preferential interest rate, it will equal the interest rate for the end of the 13-month deposit plus the margin. The story is on http://oksanamo.com
As one of the 4 “big men” of the banking industry, it is easy to understand why Agribank Bank is always a prestigious choice for borrowers.
However, many customers still do not know the mortgage interest rate at Agribank. Below is a satisfactory answer for you.
In addition, a red book mortgage loan of Agribank has a maximum term of up to 15 years with a loan limit of up to 85% of collateral value. Moreover, the interest payment method is also very flexible.
You can pay interest monthly, quarterly or every 6 months. Principal is divided by loan period and can be paid monthly, quarterly or every 6 months.
➤ Refer to:
Another attractive point is that the interest rate of Agribank bank loan book mortgage is calculated based on the declining debt balance. That is the most popular way of calculating bank loan interest rates.
You will have to pay interest on the date indicated on the mortgage agreement. Usually you will have 10 days to pay interest without being penalized. After those 10 days, you will be subject to a late payment interest rate, which is equal to 150% of the interest rate in the due date .
It should be noted that: Mortgage interest rate at Agribank of the following years is calculated by:
Interest of savings deposit at the end of the 13 month period + Amplitude
This margin is clearly stated in the credit contract, while the deposit interest rate may fluctuate from time to time. (See now: Agribank savings interest rate ) .
Anyway, you can be assured that with Agribank, this fluctuation is not too high. Normally, credit officers talk less about these things because the explanation is a bit confusing and makes you feel confused.
Agribank is applying mortgage products for many purposes, including:
Corresponding to each loan purpose, Agribank will apply the appropriate interest rate. Of course, this interest rate will fluctuate in the above range.
➤ To be supported with loans at Agribank, please send your registration information immediately