Types of personal loans and their characteristics

To make your home future-proof, you can choose from various types of loans. For each loan, at least one energy-efficiency measure must be included in the planned investments.

Types of loans and their characteristics

1. The “Future-Proof Housing Loan”: 

  • Provided as a personal loan from a home improvement account
  • The amount is between a minimum of €2,500 and a maximum of €35,000
  • Has a term of up to 10 years for amounts up to €15,000 and up to 15 years for amounts of €15,001 or more
  • Has an interest rate of 2.6%
  • This is an annuity loan and complies with the product specifications for the SVn Incentive Loan.

2. The “Future-Proof Housing Grant”:

  • Is the mortgage funded from a construction account?
  • The amount is between a minimum of €2,500 and a maximum of €35,000
  • Has an interest rate of 1.7%
  • The “Future-Proof Living Home Equity Loan” has no interest or repayment obligations during the term. Interest is added to the principal annually. The principal amount, including compound interest, becomes due upon sale. The “Future-Proof Living Cash-Out Loan” complies with the product specifications of SVn’s Cash-Out Loan.

3. The “Future-Proof Customized Housing Loan”:

  • Is the mortgage funded from a construction account?
  • The amount is between a minimum of €2,500 and a maximum of €35,000
  • The term is up to 30 years
  • Has an interest rate of 0.0%
  • The Future-Proof Customized Housing Loan is provided with a residual debt guarantee from the municipality and the province.
  • The “Future-Proof Customized Housing Loan” is an annuity loan that combines two loan types and complies with the product specifications of SVn’s Customized Loan.
  • The Future-Proof Housing Customized Loan is always tailored to necessary investments for asbestos removal and/or foundation repair or sustainability improvements as part of a collective approach, and cannot be used for general purposes.