What if it was the right time to buy?
Are you planning to buy your own home or make a rental investment in Luxembourg or the Greater Region? Now is a good time to think about it!
How about a little help?
Take advantage of a promotional 5-year adjustable rate of 2.99% (conditions apply, see below) for your next house purchase or construction project.
BIL is committed to supporting you by offering special Spring conditions on its mortgages. And since every project is unique, we accompany you with personalised financing solutions.
Take advantage of these time-limited tax measures without delay!
Valid until 30th June, 2025.
Planning to build or buy?
- Tax credit for the main residence: "Bëllegen Akt" credit increases from €30,000 to €40,000 per person, or €80,000 per couple.
- Reduced registration fees: from 7% down to 3.5%.
Looking to invest in rental property?
- Tax credit ("Bëllegen Akt") for sales in the future state of completion (VEFA) of €20,000 per person, or €40,000 per couple.
- Accelerated depreciation of VEFA housing for rental purposes increases to 6% for 6 years, with a cap of €250,000.
- Reduced registration fees: from 7% down to 3.5%.
Looking to sell a property?
You pay half the usual taxes on the capital gain realized from the sale of a property that is not your primary residence and has been owned for at least 2 years.
Discover the state aid you may be entitled to on the website www.aides.lu
Simulate your monthly loan repayments
We invite you to review the information provided or to increase your personal contribution.
This simulation is calculated for information purposes only, without any commitment as to its completeness, accuracy, or timeliness, and does not imply any commitment or agreement on the part of BIL.
Example: A loan of EUR 500,000.00, repayable over 25 years at a borrowing rate of 3.75% per annum, unchanged over the entire term of the loan, gives rise to 300 monthly repayments of EUR 2553.56 The Annual Percentage Rate (APR) is 3.82% per annum. Total amount owed by the borrower: EUR 766.068,00 (excluding insurance and any administration fees). Please note that this APR is calculated on the basis of an interest rate remaining at the level set for the initial period throughout the term of the contract.
Special Spring offer. As part of a global project, a loan of up to 300,000 EUR, with a fixed rate of 2.99% for an initial period of 5 years, revisable thereafter, results in an initial monthly repayment of 1.414,81 EUR (for amortisation over a total loan duration of 25 years). The Annual Percentage Rate (APR) is 3.06 % per year. Total amount due by the borrower if the rate remains unchanged throughout the loan duration: 424.443,00 EUR (excluding insurance and possible file fees).
Eligibility conditions for the Spring special offer:
- - Reserved for new acquisitions or new constructions (renegotiations of conditions on existing loans excluded),
- - Financing project to be divided into at least 2 separate loan tranches (all durations), including one tranche of a maximum of 300,000 EUR, with a promotional rate of 2.99%, adjustable after 5 years,
- - Any credit application is subject to the acceptance of the file by the Bank, which reserves the right not to apply the promotional offer after the risk analysis of the project for the Bank and the client.
