Reference is made to one of the best loans for home renovations, it is characterized by being a line of credit designed to meet specific needs, which is the families to carry out various reforms in their home with greater peace of mind.
The financing of up to 100% of the investment is guaranteed, although a maximum limit of 60,000 euros is recognized.
Likewise, the holder may cancel the debt generated within a period of 10 years, a long period of time in order to access more comfortable installments from the point of view of each budget.
The line of credit has a fixed interest rate of 6.74%, condition in effect until its completion.
In this regard, it should be borne in mind that the interest rate will vary according to the amount of money requested, the agreed repayment period, and the relationship with the entity will be fundamental.
The opening and prepayment fees are present, of 1.00% and 3.00% in each case.