Avanza launches mortgage loan at 1.99 % interest up to 50 % of the property’s value
The new mortgage loan is an offering within Avanza Private Banking, for customers with more than SEK 3 million in savings. The loan is offered on the basis of a 3 month interest rate linked to the repo rate plus 0.99 percentage points. Loan amounts are granted up to 50 percent of the value of the property and between SEK 1 million and a maximum of SEK 10 million per borrower. The mortgage will be launched tomorrow, on November 14th. The interest rate refers to the effective interest rate as of November 14th, 2013. ”Our new mortgage loan is targeted to customers who do not need to borrow