Takarékbank said clients had submitted 450 applications for the credit. Under the program, the central bank provides 0% refinancing to lenders for retail loans for new homes with a primary energy consumption threshold of 90 kWh/sqm per year. Interest rates on the loans are capped at 2.5%.
The average interest rate for a new home loan, excluding loans with floating rates set for periods of one year or less, stood at 4.13% in June, according to the latest MNB data.
The Green Home Program credit is limited to borrowers who plan to reside in the homes they purchase, excluding property investors.