Mortgages: with green subrogation 25% lower instalments
According to Facile.it, rates on this type of financing start at 2.45%, with an index of 3.10% for ordinary subrogation. On a standard financing, one could take the instalment from 750 to around 570 euro, a saving of almost 180 euro
2' min read
2' min read
In January 2024, the subrogation of green mortgages - aimed at homeowners in energy class A or B who want to change banks - allows them to cut their instalments by up to 25%. In fact, rates on this type of financing start at 2.45%, with an index of 3.10% for ordinary subrogation. This is what emerges from a study by Facile.it.
In general, according to the analysis, taking out green loans has very favourable conditions. Considering a standard loan (126 thousand euro to be repaid in 25 years and a loan to value of 70%), the best fixed rates for a first home loan start at 2.60%, with a monthly instalment of 572 euro. However, subsidised fixed rates fall further, to 2.45%, for those taking advantage of subrogation linked to low-energy properties. The potential savings are also considerable for those with a recently signed variable-rate mortgage.
Assuming a standard loan, the beneficiary could cut his or her instalment by up to 25%, bringing it down from EUR 750 to around EUR 570, a saving of almost EUR 180. "The fall in the indices has led to a significant decrease in the fixed rates offered by the banks and subrogation can become an extremely advantageous opportunity for those who have a variable rate mortgage, but also for those who have a fixed one taken out from the second half of 2022," explained Ivano Cresto, managing director of Facile.it's financing products. -. Today, then, credit institutions are also giving a great deal of attention to financing for homes in the first energy efficiency classes, with an important boost to green mortgages, which already last year accounted for 7.2% of total requests on first homes". .
