This example will make it clearer
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EXAMPLE OF A LOAN WITH PAYCHECK OR PENSION DIRECT DEPOSITED
- Loan amount: €10,000.
- Commitment fee: €0.
- Repayment period: 8 years (96 months).
- Constant monthly payment: €125.65.
- Interest rate: 4.80% NIR / 5.08% APR.
- Total to repay: €12,137.20.
The APR was calculated taking into account postage expenses (€0.78/month).
Calculations based on loan being signed on the last day of the month.
EXAMPLE OF A LOAN WITH NO PAYCHECK OR PENSION DIRECT DEPOSITED- Loan amount: €10,000.
- Commitment fee: €0.
- Repayment period: 8 years (96 months).
- Constant monthly payment: €130.44.
- Interest rate: 5.80% NIR / 6.13% APR.
- Total to repay: €12,597.40.
The APR was calculated taking into account postage expenses (€0.78/month).
Calculations based on loan being signed on the last day of the month.
You can improve the interest rate
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To be eligible for a discount in the interest rate of the Energy Efficiency Loan, you only need to meet one of these conditions:
- Direct deposit a paycheck of at least €600.
- Direct deposit a pension of at least €300.
What projects can you finance?
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With this loan, you can make home renovations and purchase devices designed to save energy, helping you consume responsibly and reduce your carbon footprint:
- Electric and plug-in hybrid vehicles.
- Electric bicycles and scooters (with and without a motor).
- Purchase of household appliances with the ratings specified.
*Check the energy label ratings for a discount below.
- Lighting with LED technology.
- Installation of heating and hot water systems with condensation or biomass boilers and heat pump, with the ratings specified.
*Check the energy label ratings for a discount below.
- Automatic on/off timers.
- Presence detection to turn on lighting.
- Wall insulation and window replacement.
- Installation of charging points for electric vehicles.
- Solar panels for self-supply
How much money can I request?
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From a minimum of €3,000 up to a maximum of €75,000. If you need a smaller amount, you can apply for one of our credit cards.
How long do I have to pay it off?
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You can choose from a minimum period of 2 years up to a maximum period of 8 years, depending on the amount requested.
Find out about energy labeling
Sustainable tax deductions for the Annual Tax Return
Would you like more information?
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