Belgium REAL ESTATE MORTGAGE LOANS BANKS
Bank system of Belgium

As it is known, Belgium is considered one of the basic bank and financial centres of the European Union. Since 1999 Belgium and more 10 EU member states have begun transition to the third stage of building of the Economic and currency union (ÝÂÑ) within the limits of EU assuming not only close coordination and, to certain degree, harmonisation budgetary and economic policies of member states, but also introduction of uniform monetary unit – euro, and also definition and realisation of a uniform monetary policy of such member states. Monetary unit of Belgium since January, 1st, 2002 is euro. The oldest and largest commercial bank, and also the largest holding company in the country is «Sosete æåíåðàëü äå Belzhik» (Société Générale de Belgique). There are also specialised financial institutions – savings banks and funds of the agricultural credit.

Bank credits in Belgium

You can address in bank for credits for purchase of expensive property. Such credit will help you to finance car or real estate acquisition. Usually the credit sum is translated to your bill or is direct on the bill of the seller of property. Payments under such credits usually make in regular intervals during all term of the credit in the invariable sum. Hypothecary credits give the long-term decision for those who wishes to buy or construct the house. At the hypothecary credit the got real estate represents itself as mortgaging property under the credit. There are two principal views of hypothecary credits: with the fixed rate of percent and with the rate adhered to indexes of the market. Thus banks offer infinite quantity of the various hypothecary schemes corresponding to various situations of clients
Bank percent ˆ âûïëàòa the credit ˆ the Sum âçíîña ˆ the credit Sum ˆ 
MONTH 1 445,19 228,98 674,17 98.488,32
MONTH 2 444,17 230,00 674,17 98.258,32
MONTH 3 443,13 231,04 674,17 98.027,28
MONTH 4 442,09 232,08 674,17 97.795,20
MONTH 5 441,05 233,12 674,17 97.562,08
MONTH 6 439,98 234,19 674,17 97.327,89
MONTH 7 438,94 235,23 674,17 97.092,66
MONTH 8 437,88 236,29 674,17 96.856,37
MONTH 9 436,81 237,36 674,17 96.619,01
MONTH 10 435,75 238,42 674,17 96.380,59
MONTH 11 434,66 239,51 674,17 96.141,08
MONTH 12 433,59 240,58 674,17 95.900,50
Bank percent ˆ âûïëàòa the credit ˆ the Sum âçíîña ˆ the credit Sum ˆ 
Year 1 5.273,24 2.816,80 8.090,04 95.900,50
Year 2 5.116,94 2.973,10 8.090,04 92.927,40
Year 3 4.951,99 3.138,05 8.090,04 89.789,35
Year 4 4.777,88 3.312,16 8.090,04 86.477,19
Year 5 4.594,14 3.495,90 8.090,04 82.981,29
Year 6 4.400,14 3.689,90 8.090,04 79.291,39