Your first home

Step into your own home and repay the loan at your own pace.


Up to 30 years

Loan amount

Up to 80% of the property value


  • Grace period
  • Installment postponement
  • Installment planning

eHousing Loan

Online financing, quickly, through 1Bank

The scheme is offered to permanent residents of Cyprus only



Financing amount

Up to 80% of the value of the property.

Interest rate option

  • Fixed interest rate for 3 or 5 years. After the end of the fixed interest period, the interest rate changes to variable.
  • Variable rate for the entire duration of the loan.

For the variable interest rate, you can select the Bank’s base rate for housing loans or Euribor 6m rate

There are no initial bank fees

Find out more on our current interest rates here.

Maximum repayment period

30 years

Maximum age of borrower at loan maturity

65 years

Minimum repayment period

  • 15 years if you select a fixed interest rate
  • 10 years if you select a variable interest rate

Grace period


If your home is under construction:

  • You have the option of not paying any installments until your home is completed (maximum 2 years).
  • You can pay only the interest for the first 2 years of the loan.

If your home has been completed:

  • You can pay a low installment for the first 2 years, equal to the interest charges payable for that period.

Installment   postponement

In case of unforeseen events, you can postpone the payment of up to 2 monthly installments per year (24 installments during the life of your loan).

Installment   planning

If you choose a variable rate, you can specify the amount and frequency of installments according to your financial capabilities. 

“Green” Housing Loan

For those of you who are eco-conscious and show it in practice!

If your house or apartment has a Class A building energy performance certification, we will deposit 0,50% of the loan amount (maximum €500) to your credit card account upon full withdrawal of the loan.

Class A and Class B building energy performance certifications are the best energy categories. In practice, this means lower fuel and electricity costs and fewer carbon dioxide emissions in the atmosphere.

Installment Calculator Use our calculator to get an indication on the installment, interest and total cost for your first home. Calculate here
Need more information?
  • 800.00.800
  • Calling from abroad +357 22128000
  • Service hours
  • Monday to Friday, 07:45 until 20:00
  • Saturday and Sunday 09:00 - 17:00
Bank of Cyprus uses cookies on this website aiming to improve your online experience. To accept cookies continue browsing as normal.