LAST SITUATION IN HOUSING CREDIT: The repayment of TL 3 million has changed

12 March 2025

Lerato Khumalo

With the discount last week, the CBRT reduced the policy interest rate to a total of 750 basis points in the last 3 months and attracted 42.50 %. It is predicted that banks evaluate new interest margins and can make a reduction in loan interest rates, albeit limited.

Last week, the lowest ratio of housing loan interest rates as 2.68 %continued this week.

As of March 11, 2025, the monthly installment and total payment amount of 3 million TL housing loan with a maturity of 120 months is as follows:

Akbank

Total Payment 10.653.943 TL
Interest rate 2.85 %
Monthly Installment 88.538 TL

WARRANTY BBVZ

Total Payment 10.863.715 TL
Interest rate 2.91 %
Monthly installment 90.186 TL

Lerato Khumalo

As the editor-in-chief of Tuugo, I have dedicated over ten years to analyzing global economic dynamics and sharing insightful perspectives with our readers. My journey has allowed me to gain a deep understanding of contemporary economic issues and translate them into rigorous and balanced reports. I strive to promote constructive dialogue and a better understanding of current economic realities.