ZAGREB, 20 March 2022 - A new round of applications for subsidised housing loans starts on Monday when the relevant APN agency starts receiving the requests, while the government has set aside HRK 50 million (€6.7 million) for this purpose.
After the completion of a public call for banks to submit their offers, on 4 March, APN concluded contracts with 14 credit institutions on subsidised housing loans.
The lowest effective rate of 1.99% for both the kuna- and the euro-pegged loans was given by two banks: Erste&Steiermarkische banka and Karlovačka Banka for the latest round.
According to the data provided by the ministry, 22,169 requests for subsidised housing loans were granted between 2017, when the scheme was introduced, and March 2021.
In the families that use housing loan subsidies, roughly 5,000 children have been born since 2017 and 13,130 children under 18 have been reported in the loan requests.
More than HRK 456.7 million has been invested in state-subsidised housing loans so far.
The eligibility criteria for applicants is that they are under 45, and are first-home buyers.
Calculating the amount of subsidy depends on the location of the property covered by the scheme.
Applicants in locations in the underdeveloped and rural areas qualify for higher subsidisation.
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