Could you be entitled to an interest-free loan to buy your new home?

If you’re keen on owning your own principal residence and buying a new-build home, then an interest-free loan could help you reduce your monthly payments.

Who is entitled? Households wishing to buy their own principal residences, and whose incomes fall within certain maximum limits.
Interest-free loans are granted by the state alongside a main bank loan. Banks often accepted this advance as a “personal contribution”.
The amount of such loans varies depending on the number of people in the taxable household and the region in which the property is located. Advances are higher for new-build homes than for older property.

Are you entitled to an interest-free loan? If so, how much and for how long? This calculator lets you accurately estimate the amount of your monthly repayments and the possible repayment periods.

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