|
High-class Mortgage Loan |
Conditions |
|
Maximum loan amount |
2,000,000,000 / up to two billion MNT / |
| Down Payment |
20% or more |
|
Loan interest /month/ |
1.60-1.80% |
| Term of loan |
Up to 120 months |
|
Service fee |
1% of the loan amount (maximum 1,500,000 MNT) |
| Increased interest |
Equal to 20 percent of the basic interest rate |
|
Benefits of Changes to the Original Loan Term |
Up to 1% of the loan balance (maximum 1,000,000 MNT) |
| Application Fee |
10,000 MNT |
|
Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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