BEKLENEN KONUT KREDİSİ KAMPANYASI DETAYLARI ve FİYATLAR ARTAR MI?

Summary

The video discusses the recent reduction in Ziraat Bank's mortgage interest rates, highlighting how the new rates affect loan repayments. Ziraat Bank now offers a 2.89% interest rate for loans up to 60 months and 2.79% for loans up to 120 months. The presenter compares these rates to previous ones and evaluates the monthly savings. The video also touches on potential effects on housing prices, challenges in accessing home loans due to stricter conditions, and advises against expecting significant price increases from sellers. The overall conclusion is that while the mortgage rate reduction is beneficial, its impact on the housing market may be limited.

Takeaways

• 🏦 Ziraat Bank has reduced mortgage interest rates in two tiers: 2.89% for loans up to 60 months and 2.79% for loans up to 120 months.
• 💸 The previous mortgage interest rate at Ziraat Bank was 3.09%, meaning the new rates provide significant savings.
• 🏠 For a 1 million TL mortgage over 120 months, monthly payments drop from 31,720 TL to 28,960 TL, a reduction of 2,756 TL per month.
• 📉 The total savings for borrowers amount to approximately 9% on monthly payments under the new rates.
• ⏳ Shortening the loan term from 10 to 5 years results in a 22% increase in monthly payments but reduces the overall payment period.
• 📊 Despite the mortgage rate reduction, housing prices have been observed to rise in some areas, as shown by listings where prices have increased significantly.
• ⚠️ While some property owners may attempt to raise prices in response to the news, the actual market impact of these price changes remains uncertain.
• 🏦 Mortgage accessibility has become more restricted, as banks are more selective in granting loans, and existing homeownership can reduce eligibility.
• 📉 Previously, individuals could obtain higher mortgage amounts, but now, even for high-value homes, loans cover a smaller portion of the purchase price.
• 💡 Although mortgage terms are not as favorable as before, the rate cuts still offer some benefits, but inflated property prices may limit these advantages.

Q & A

What is the recent news about Ziraat Bank's housing loan interest rates?

Ziraat Bank has announced a reduction in its housing loan interest rates. The reduction is two-tiered: for loans up to 60 months, and for loans up to 120 months.

What are the new interest rates for the housing loans after the reduction?

For housing loans used for 5 years, the interest rate has been reduced to 2.89%, and for 10-year housing loans, it has been reduced to 2.79%.

How does the new interest rate compare to the previous rate?

The previous rate was 3.09%, and with the new reduction, it has been lowered to 2.79% for 10-year loans, which is a significant decrease.

What is the impact of the interest rate reduction on monthly payments for a 1 million lira housing loan over 120 months?

Before the campaign, the monthly payment for a 1 million lira housing loan over 120 months was 3.72 lira. After the campaign, it has been reduced to 2.89 lira, resulting in a monthly saving of 2756 lira, which is a 9% advantage.

What happens if the loan term is shortened from 10 years to 5 years?

If the term is shortened to 5 years, the monthly payments will increase by 22%, but the total repayment period will be reduced by 5 years.

What is the potential impact of the interest rate reduction on housing prices?

The script suggests that there might be an increase in housing prices as advertised online, but it also indicates that this needs further investigation and comparison over time.

Are there any conditions that affect the ease of obtaining a housing loan?

Yes, the script mentions that not everyone is eligible for a housing loan, and the conditions have become stricter. Banks are not very keen on providing housing loans, and there are specific conditions related to the property and the borrower's situation.

How has the ease of obtaining a housing loan changed over time?

In the past, the amount of housing loan one could obtain did not depend on the number of properties owned. However, now, if you, your spouse, or any child under 18 living with you owns a property, the amount of housing loan available to you is significantly reduced.

What is the average housing loan amount used in Turkey?

The average housing loan amount used in Turkey is around 900,000 liras, which is less than the 1 million lira that could potentially be borrowed with the new interest rate reductions.

What does the script suggest about the relationship between housing loan usage and property prices?

The script suggests that if housing loan usage was as easy as before, it might have an immediate impact on property prices. However, sellers might not be aware of this and may not immediately reflect it in the prices.

What is the potential advantage of the new housing loan campaign?

The new campaign could potentially allow borrowers to use 1.90,000 lira more for a 10 million lira property, assuming the owner could use 2 million lira in credit. This could increase the amount the owner could pay by 180,000 lira.