My personal needs
My company's needs
The Bank
Loan amount

from €25,000 

Interest rate

Variable rate Euribor 3M plus spread from 1.50%

Loan term

up to 30 years

Oikia Variable Rate

Finance your housing needs

Acquire your home with the comfort of a long repayment period and a preferential variable interest rate of your loan.

  • Possibility of a grace period of up to 12 months 
  • Repayment of all or part of your loan before the agreed date without any charge
  • One off disbursement to buy a house or partial disbursements depending on construction's progress



Individuals, whose age will not exceed the 75th year at the ending period of the loan. 




Oikia Variable Rate is available for the purpose of:

  • purchase, construction, completion, repair of a residence or
  • the purchase of a plot of land to build a house

Financing percentage

Depending on the purpose of the loan financing could be:

  • Up to 80% of the commercial value of the pre noted property, according to the Bank's engineer evaluation report or 
  • Up to 100% of the amount due, based on the purchase contract or on the cost of construction works 

Interest rate

 Variable interest rate

Loan term

Variable rate

Up to 30 years


Euribor 3month
plus spread

(LTV≤ 60%)
(60% < LTV ≤ 80%)

  • The interest rate is subject to Law 128/75 levy, currently 0.12%
  • In case of Euribor being negative and for the whole period that it remains negative, zero reference interest rate will be applied.

Find out more about interest rates here.


Indicative example of mortgage loan with Variable rate and physical collateral (loan term of 30 years)

For a €100.000 mortgage loan (total credit amount), with annual  nominal variable rate consisting of Euribor 3M (the rate used for the specific example is Euribor 3M of 3,70%), plus spread 1,90%  (60% < LTV ≤ 80%), plus Law 128/75 levy (today 0,12%) for which repayment in 360 monthly installments is agreed and collateral with pre notation of the property, one off costs €605,60 and total insurance costs for the case of Fire- Earthquake  €4.320:

Total credit amount:  €100.000

Total credit cost: €114.326,87 of which €109.401,27 is rates, costs €605,60 and insurance costs €4.320

Total repayment amount: €214.326,87

Indicative APR: 5,93%



Loan fees

There are no fees for the examination and approval of your request.

Costs of legal, technical inspection and pre-notation's registration are on the borrower in accordance to the currently applicable Commission Invoice.


Loan term is up to 30 years.

You can repay of all or part of your loan before the agreed date without any charge.

Repayment is carried in monthly installments through the borrower’s deposit account at Pancreta Bank.



  • Pre notation of the property 
  • A guarantor may be deemed necessary while assessing the loan.


  • Mandatory Fire-Earthquake property insurance
  • Opportunity to securely repay your loan in case of unforeseen events through the Borrowers’ Life insurance program that covers loss of life for any reason or Total Permanent Disability (TPD)

See also