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What bank and additional charges shall I take into account arranging a mortgage loan?

The bank charges only a single payment for preparation of monetary funds (price list). This payment can be executed from the loan sum. However, it is necessary to take into account additional non-bank related payments.

 

  • Evaluation of real estate – 40-170 LVL
  • 11 LVL – clerical fee; 0.1% of the loan sum – state fee for loan registration. These are payments for registration at Land Registration Book. Payments related to State land authority are set by the Ministry of Law and have a tendency to change regularly.
  • Notary fee – from 12 LVL
  • Insurance – policy price depends on the property insured.

 

Answers prepared by  Nordea

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