Buying a House

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When you choose a Mortgage Loan, don't think only about the first months. Check carefully all the costs, from the first to the last day, including fees and insurance.

Maturities as long as 40 years

Providing that at the end of the loan all the borrowers are less than 75 years old, you will find the longest maturities at BPI (up to 40 years). This allows you to benefit from lower instalments, while you can always make early repayments at any time and thus terminate the loan before the originally scheduled date.

Immediate preliminary decision

Try us! Go to any BPI Branch or Premier Centre, submit your case and see how quickly we respond. The credit decision will be immediate.

Solutions for down-payment or off-plan purchase

BPI also has solutions to advance the money1 for down payments on home purchases, whether the home is already built or in the construction or pre-construction phase. During the advance period you will only pay interest on the amount drawn.

Access to additional credit

With our Permanent Credit Line2 you may obtain additional credit, for any purpose. This line is very flexible: it can be adapted to each case and allows you to establish a financing plan with maturities of up to 30 years and low interest rates.

Note: As this credit line involves making a mortgage on your home (with the corresponding fees and costs), we do not advise it for loan amounts below € 15.000.

Solutions for Disabled Persons

With the Loan Schemes3, disabled civilian and Armed Forces citizens have the possibility of purchasing, building, transferring loans, or doing works in their own permanent house, benefiting from subsidised interest rates and long maturities.

Observations

 

(1) APRC of 4,1%
Amounts calculated in december 2021 for a financing of € 37.500 over 12 months, based on a variable APR of 3,513% (composed of 12-month Euribor monthly average in november 2021, rounded to the thousandth plus a spread of 4%). MTIC of € 39.004,88.The APRC and Total Amount Payable by the Consumer (MTIC) presented presuppose that Customers are 30 years of age and have had an account open with the Bank for more than 30 days, and include 12 monthly instalments of € 109,78 and initial expenses of € 187,50.
The interest rate applied to the purchase and construction of permanent, secondary or leasehold housing may be negative depending on the evolution of the respective indexer.
(2) APRC of 4,5%
Amounts calculated in december 2021 for a financing of € 50.000 over 30 years, based on a variable APR of 3,263% (composed of 12-month Euribor monthly average in november 2021, rounded to the nearest thousandth plus a spread of 3,75%), guaranteed by mortgage of property and contracted through Authenticated Private Document, with 60% of the valuation amount. MTIC of € 89.027,38.The APRC and Total Amount Payable by the Consumer (MTIC) presented presuppose that Customers are 30 years of age and have had an account open with the Bank for more than 30 days, include 360 monthly instalments of € 217,96 + Stamp Tax, fees and initial expenses of € 1.550,55 , annual average life insurance premium of € 182,32 and average annual premium of multi-risk insurance of € 78,60.
(3) APRC of 1,0%
Amounts calculated in december 2021 for a financing of € 150.000 over 30 years, based on a variable 0% APR corresponding to 65% of the main refinancing rate of the European Central Bank, secured by mortgage of property and contracted through Authenticated Private Document, with 60% of the valuation amount. MTIC of € 172.350,12. The APRC and Total Amount Payable by the Consumer (MTIC) presented presuppose that Customers are 30 years of age and have had an account open with the Bank for more than 30 days, include 360 monthly instalments of € 416,67, fees and initial expenses of € 2.135,18, average annual insurance premium of € 436,53 and annual average premium of multi-risk insurance of € 235,80.
The interest rate applied to the purchase and construction of permanent, secondary or leasehold housing may be negative depending on the evolution of the respective indexer.

This information is provided for advertising purposes and does not constitute a contractual proposal. You must read the pre-contractual and contractual information required by law, which may obtained from Banco BPI.

 

This insurance policy is a product of Companhia de Seguros Allianz Portugal, S.A., sold by Banco BPI, S.A., Sociedade Aberta, Avenida da Boavista, 1117 - 4100-129 Porto, in its capacity as Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at www.asf.com.pt), authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.