If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €368,000
Own Contribution (25%): €92,000
Loan Amount (75%): €276,000
Interest rate: 2%
Years of repayment: 30 years
This two-storey 5 bedroom house is located in Psimolofou in Nicosia District. Psimolofou village is located approximately 15km northwest of Nicosia. The house consists of an open plan living/dining room and kitchen, a laundry room, a guest W.C., a bedroom, and a boiler room on the ground floor, whereas on the first floor there are four bedrooms one of which is en-suite, a wardrobe, a bathroom and a small kitchen. It has provision for oil boiler heating and split units, double grazed windows and two covered parking spaces. The wider area is mainly developed with houses and empty plots. The asset is located at a quiet area.