Both demand and supply of calls grow green mortgages. Its average interest rate is above that offered by traditional home purchase loans. Which banks include these types of products in their showcase? Which are the most interesting for the client?
At this time, according to calculations offered by the association of financial users Asufin, the average interest rate on the green fixed mortgage is located at 4,63% APR and that of the green variable, in the 5,63% TAE. While the average mortgage market is placed in the 3,75%.
That is, loans to acquire a sustainable home register a overrun in both cases. However, among the products of some of the large entities you can find green mortgages whose interest is below the market average.
This is the case, for example, of BBVA It offers a fixed rate loan for homes A and B. It offers a 1% TIN bonus and has no opening fee, nor notary, management and registration fees. The interest is 3.96% APR for a term of 15 years. This same bank offers another product with the same characteristics but without ties with an APR of 4.5% for 30 years.
For its part, Bankinter It has a subsidized fixed efficient mortgage for new housing with energy rating A, appraisal with energy rating A and B on rehabilitated or used housing. It has no opening fee and the interest is 4.01% APR for 20 years. Its showcase also includes a subsidized variable mortgage, with the same characteristics, with a Euribor rate plus 0.75% and an APR of 5.2% for 20 years.
Finally, Santander grants variable green mortgages with Euribor plus 0.69% and APR of 5.24% for 30 years.
As Asufin explains, this year, there is a greater supply of green mortgages in the market compared to 2022: “We went from five proposals from two financial entities to nine offered by six entities.”
2023-11-09 05:14:05
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