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Features of the Loan

The features of the loan


Issue Feature
Loan to value Maximum 70% of the appraisal value (not always equal to the sales price)
Debt to income Maximum net salary to spend to installment for total loan position 50%
Valuation of income Only salary income transferred to a bank account, average profit of the last 2 years, pension income
Maximum amount No maximum
Minimum amount € 30.000 euro
Nationalities All countries that have a reciprocal agreement with Turkey. Click here for the full list
Maturity 5,10,15 and 20 years
Loan in YTL Yes
Loan in euro Yes
Loan in Dollars Yes
Loan in British pound Yes
Interest types Fixed
Early repayment Possible (2% penalty fee)
Property valuation Done by DenizBank or appointed appraisal by Denizbank, pre-valuation paid by DenizBank
Age of application 25 -70 years
Maximum age at end of maturity 70 years
DASK: nature disaster insurance, House insurance; To arrange via DenizBank,
Life insurance No obligation
Off plan mortgage Yes, with full bank guarantee from constructor for the total loan amount
Monthly installment payments Automatic payment from a DenizBank account
Validity of the pre offer 4 months
Extension of validity of the pre offer (except interest rate) Until 18 months (1% extra commission required)

Requested Documentation & Application Form