The dollar had seen 7.22 pounds at midnight on August 13. With economic management measures, the exchange rate has decreased by 34.4 percent to 5.35 in the last two months. Kurdish withdrawal has opened a cheap loan. The bank does not expect the central bank to reduce its interest rates, this currency exchange rate decrease is reflected in loans. Starting from November 1, banks began to announce all interest rates on loans at their place of residence.
PEAS PEPAS REDUCTIONS
According to news reports, one of the banks reducing the loan interest rate is Akbank. The bank reduced the amount of 100 thousand The interest rate on lira mortgage loans ranges from 2.89 to 2.75, then 2.69 to 2.59 for 120 months. This is the person who attracts home loans for monthly payments of GBP 271, with a total interest payment of 32 thousand 588 pounds decreasing. Again, within the 12-24 month period, from 30 to 50 thousand TL interest rate consumer loans (for insured persons) from 2.95 to 2.9, from 36 months to 2.75 per day.
SUPPORT FOR CONSUMER
The Guarantor Bank has reduced its five-year and 10-year housing loan rates from 2.55 to 2.40 and up to 6.23 November. The interest rate on consumer loans declined from 2.73% to 2.72%. In the first two months, ING Bank also increased the housing loan rate to 2.45 to 2.09, while consumer loans declined from 2.90 to 2.49-2.29.
Yapı Kredi reduced its interest rate loan to TL 2.78 for a 36 thousand TL term loan of 50 thousand. The 5-year and 10-year mortgage interest rates in the groups 2.50-2.52 decreased to 2.33 percent. The National Bank of Vakıfbank also lowered the loan interest rates from 2.70 to 2.50. Housing loan interest is 2.09. On the other hand, Ziraat maintains a housing loan rate of 1.98 percent.
TOTAL COSTS OF COST
The bank interest rate on consumer loans from the cost of 3.07 2.90 to 2.72-2.29 and 3.10-2.50 to 2.30-2.09 will reduce costs. Thus, two months ago, the average cost of a bank from 2.90 to 50 thousand pounds per citizen, using a monthly payment of 205 pounds, would cost a total of $ 7,000 at the end of the 36-month period. In a mortgage loan of 100 thousand pounds for payments of 311 pounds, the total payment of 36 thousand pounds in the end over 120 months has decreased.