Building energy-efficiency loan
A loan for individuals renovating single-family homes and owners associations improving residential buildings to cut energy consumption by at least 30%.
Finance insulation, façade improvements, heating or air conditioning, and lighting that reduce your home or building’s energy use. Kutxabank lends you the money, which you repay in monthly instalments with interest.
The advertised fixed option has a 5.50% annual interest rate and 5.64% annual percentage rate (TAE), with repayment over up to 10 years. The TAE expresses the annual cost of borrowing. The variable option runs for up to 15 years at Euribor plus 1.50 percentage points, reviewed annually. Euribor is the reference rate used to calculate the variable interest rate; your borrowing cost can change when it is reviewed.
The simulator lets you model amounts from €1,500 to €1,000,000 in €100 increments. It accepts terms from 1 to 120 months for the fixed option and 1 to 180 months for the variable option. These are simulator inputs for estimating a loan.
Eligibility
- For individuals, the retained route covers improvements or rehabilitation of a single-family home used for residential purposes. The work must reduce energy consumption by at least 30%.
- For owners associations, the work must improve or rehabilitate a residential building and reduce energy consumption by at least 30%.
How to apply
- Status
- Open continuously
Complete the contact form on Kutxabank’s energy-efficiency loan page. Enter your name, DNI/NIF/NIE identification, telephone or email, and select the bank branch you want to deal with. Submit the request and Kutxabank will contact you about the financing.