Stop your loan instalment from increasing with a fixed interest rate loan!

We all felt the consequences of double-digit inflation in 2022 and 2023, which lead to price hikes in all segments of our lives - food, electricity, rent, the cost of purchasing square metres, as well as services.  In other words - all of a sudden, life became significantly more expensive.

And, if you have a loan with a variable (floating) interest rate, you definitely felt the hit on your household budget.   If you have a loan in the amount of EUR 5,000, in March of last year your instalment was approx. EUR 100. Now it’s approx. EUR 130. The differences are far greater where housing loans are concerned. This really has been quite the hit on your budget. Then, when you take the rise in prices of everything else into account, things that are life necessities, you have to ask yourself - will my instalment ever stop increasing? How do I plan out the next month?

We have a solution! Refinance your loan with us at fixed interest (a fixed interest rate), and your instalment will always be the same! 

What are the benefits of a loan with a fixed interest rate?

A loan with a variable or floating interest rate doesn’t depend on the bank’s policies, but primarily on the movement of the reference interest rate on the global (European) market.  As the EURIBOR was negative (in the red) for years, changes in instalment rates were negligible and so loans were an affordable solution until recently.  

However, with the current global geopolitical crisis the fixed interest rate is now the best option and here’s why:  

• Your instalment will always be the same - Throughout the entire repayment period, regardless of what’s happening on the global or domestic markets, regardless of bank policies, regardless of inflation - your instalment is always the same! And this is a for sure thing. If, for example, you take out a loan with a repayment period of 5 years, your instalment will be the same the first and the last month of repayment.
• You can make plans - It’s easier to calculate expenses because you will always have the same amount of money at your disposal.  
• One less thing to worry about - There is less stress because you’re not constantly waiting ‘for the other shoe to drop’, or in this case, new adjustments to the EURIBOR or other reference interest rates.
• Inflation will be your ally - Even though we’re all concerned about the current increases, in the case of a fixed interest rate, your instalment remains unchanged.
• You know how much you need to repay, right from the start – because you’re interest rate is fixed, you’ll know the exact amount of interest you will be paying on your loan.
   

Not to sound humble, rather, to tell it like it is - our fixed interest rate is one of the most affordable on the market at just NIR 9% (EIR: starting a 10.23%). What’s more, with us, take out up to RSD 600,000, all online - from submitting an application to disbursement, and it takes just one visit to the bank for larger loan amounts! Quick, easy, simple - fixed and affordable, sound’s pretty good, doesn’t it!? 

To find out more about our housing loans, an example of the loan or the loan calculator, click here.

How do I refinance my loan quickly and easily - without having to visit the bank? 

Did you know that you no longer have to visit the bank to refinance your loan? We mean it! We will assume all communication with the bank whose loan you wish to refinance, right up until loan closure.  

Simply submit a  loan application and our colleagues will contact your for the details. 

So, are you ready to take matters into your own hands and finally stop that instalment from ‘moving off centre court’?!
 

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