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 / 5.09% APR.
- Total to repay: €12,141.04.
The APR was calculated taking into account postage expenses (€0.82/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, 6.14% APR.
- Total to repay: €12,601.24.
The APR was calculated taking into account postage expenses (€0.82/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:
- Lighting: Incorporation of LED technology.
- Heating and hot water: All condensation boilers are included, as are HVAC systems, provided that the latter are in one of the two highest energy efficiency categories.
- Control and automation: Lighting, HVAC, installation of motion detectors for lighting, and automatically turning installations on and off.
- Insulation: Improvements to the insulation of the building envelope (façades, roofs, etc.), adding to the existing insulation or installing windows with two or three panes.
- Household appliances: Purchase of large volume appliances (excluding microwave and small appliances); must be in one of the two highest energy efficiency categories.
- Mobility: Purchase of electric vehicles, plug-in hybrids, installation of charging points for electric vehicles, bicycles (with and without motors) and electric scooters.
- Solar panels: Installation of 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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