Lot Loan
A transaction where the Bank purchases the real property required by the client and then resells it thereto by adding a profit according to the required term.
Lot Loan |
||
| TL | ||
|---|---|---|
| Term | Profit Share Rates | Total Annual Costs |
| 2 - 12 Months | %1,27 | %15,74 |
| 13 - 24 Months | %1,27 | %15,99 |
| 25 - 48 Months | %1,28 | %16,36 |
| 49 - 60 Months | %1,29 | %16,48 |
| 61 - 72 Months | %1,35 | %17,45 |
| 73 - 84 Months | %1,39 | %18,18 |
Documents necessary for application:
- Copy of Identity Card,
- Specimen Signature Declaration,
- Tax Sign for the Self-employed,
- Payroll for Wage Earners,
- Title Deed for Lot or Business to be purchased,
- Guarantor,
- Lot Mortgage.
Total cost rates was calculated based on TL 100,000. Experts and mortgage costs are not included in annual cost. Insurance costs have been obtained as the average TL 250 , home insurance and DASK varies according to location and m2.
