How to Find a Home Loan with 8 Million Cheaper?


We just want to draw your attention to the differences between the various loans. Of course there is nothing wrong with that. we just want you to be the winner, not the one who fails. We’ll show you how to do it!

The basics of loans

The basics of loans

It is important to know that it is not just our belief that loans need to be compared . This is no better than our article, which shows how much difference a bank offers.

So, not only can we save millions between different banks, but also within a bank . It is here that interest rates, and even more so the interest period, make the difference . But let’s count one!

11 million HUF loan


First, let’s count on a smooth $ 11 million 20-year loan and set it up in the calculator to show you only the best deal available per bank! On top of that, we get the Forint-based Market Equity Loan from Budapest Bank (Interest Discount 4), for which the bank is asking us for HUF 62,447 monthly. The APR is 3.31% and the total repayable amount is HUF 14,953,605 .

At the very least, OTP’s home loan from 5M shows a different amount. Specifically, $ 70,850 is the monthly repayment with 4.83 percent APR. The total amount to be reimbursed is HUF 17,131,234 . Here we can immediately see a difference of 2.2 million HUF. (It is rare that while a cheaper loan has an interest rate of 6 months, the latter has only 3 months)

Let’s see what happens when we look at all the offers, not just the best deals from the banks!

It appears under the same conditions


Naturally, the credit of Budapest Bank does not change, it appears under the same conditions. However, the situation is different with the lowest, that is, the most expensive credit. The repayment of OTP Bank’s fixed 20 home loan is HUF 95,627. The APR is 8.89% and the total repayable amount is HUF 22,967,760 .

You see, this is a loan of HUF 8 million more expensive (although the interest period is 20 years). To avoid these kind of loans, use the and visit us! We help you interpret the results and find the ideal solution.

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