“Upgrade my home” programme
Take out an interest-free loan up to €25,000 without collateral to cover the energy upgrade costs for your home through the “Upgrade my home” programme.
What it offers
100% interest-free loan
Financed by the RRF so you pay no interest. You repay only the borrowed amount.
Without collateral
No need to provide mortgage lien on property or portfolio collateral.
No fees
No application fees.
Loan amount and term
€5,000-€25,000 / 3-7 years
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0% interest rate for 75% of the loan You pay no interest for 75% of the loan amount, i.e. for the amount provided by the Recovery and Resilience Facility (RRF).
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100% subsidy for the remaining 25% The interest rate for the remaining 25% of the loan is 100% subsidised by the programme throughout the loan term.
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Exempt from the Law 128/1975 levy Get financing without needing to pay the Law 128/1975 levy, currently at 0.12%.
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Early repayment at no extra charge You can pay additional instalments or even repay the entire loan amount earlier, at no extra charge.
Heading towards energy efficiency
See an overview of the process to apply for the “Upgrade my home” programme and take the 1st step towards upgrading the energy efficiency of your home.
Get loan pre-approval
Visit a branch by appointment and we inform you about the benefits and conditions of the mortgage loan.
Once you’ve gathered the necessary documents for loan pre-approval and eligibility, you book an appointment at a branch and we fill out the application together.
If your application is approved, we inform you over the phone and email you the pre-
Once you’ve gathered the necessary documents for loan pre-approval and eligibility, you book an appointment at a branch and we fill out the application together.
If your application is approved, we inform you over the phone and email you the pre-
SIGN THE AGREEMENT
If your application is also approved by the HDB, we inform you by SMS to book an appointment at a branch to sign the agreement. You need to sign within 60 days.
Take out the loan
Sign the application to make the money available, paid out in 2 instalments.
We deposit the 1st instalment in your account, 70% of the loan amount. To get the 2nd instalment, the remaining 30% of the loan amount, bring the paid receipts issued in your name after the HDB approval.
If you bring paid receipts for the entire amount from the start, you
We deposit the 1st instalment in your account, 70% of the loan amount. To get the 2nd instalment, the remaining 30% of the loan amount, bring the paid receipts issued in your name after the HDB approval.
If you bring paid receipts for the entire amount from the start, you
Get loan pre-approval
Visit a branch by appointment and we inform you about the benefits and conditions of the mortgage loan.
Once you’ve gathered the necessary documents for loan pre-approval and eligibility, you book an appointment at a branch and we fill out the application together.
If your application is approved, we inform you over the phone and email you the pre-
Once you’ve gathered the necessary documents for loan pre-approval and eligibility, you book an appointment at a branch and we fill out the application together.
If your application is approved, we inform you over the phone and email you the pre-
SIGN THE AGREEMENT
If your application is also approved by the HDB, we inform you by SMS to book an appointment at a branch to sign the agreement. You need to sign within 60 days.
Take out the loan
Sign the application to make the money available, paid out in 2 instalments.
We deposit the 1st instalment in your account, 70% of the loan amount. To get the 2nd instalment, the remaining 30% of the loan amount, bring the paid receipts issued in your name after the HDB approval.
If you bring paid receipts for the entire amount from the start, you get a lump sum payment of the loan amount.
We deposit the 1st instalment in your account, 70% of the loan amount. To get the 2nd instalment, the remaining 30% of the loan amount, bring the paid receipts issued in your name after the HDB approval.
If you bring paid receipts for the entire amount from the start, you get a lump sum payment of the loan amount.
Find other solutions for your home
Discover all the loans we offer to buy, renovate or upgrade the energy efficiency of your home.
FAQs
Take out a loan with the “Upgrade my home” programme
Fill in the contact form and we will get in touch with you as soon as possible.