Expanding homeownership opportunities with Sacombank – Attractive interest rates and up to 5 years principal grace period

Z Home is designed to support young Vietnamese in realizing their dream of homeownership, helping them build a stable and sustainable life step by step. This solution also reflects Sacombank’s commitment to implementing government directives through preferential credit programs for first-time homebuyers.

Z Home offers financing for various types of residential properties, including apartments, standalone houses, and land lots. It is tailored for young customers aged 18 to 40 who are seeking to purchase their first home. The purchased property can be used as collateral, with a loan amount of up to 85% of the property’s value.

Notably, Sacombank provides a loan limit of up to VND 10 billion (maximum 85% of the collateral value), offering fixed preferential interest rates of 6.5%, 7%, and 7.5% per annum for 12, 24, and 36 months, respectively.

With a loan term of up to 40 years, borrowers benefit from lower monthly payments and more flexibility in long-term financial planning. Additionally, a principal grace period of up to 5 years is available, during which borrowers are only required to pay interest. This is especially beneficial for young families or individuals just starting their careers, providing a stable financial foundation in the early stages of homeownership.

Complementing this, the Prime Home solution is tailored for customers purchasing real estate as an investment. It features fixed interest rates of 8%, 8.5%, and 9% per annum for 1, 2, and 3-year terms, respectively.

Customers can also enjoy a principal grace period of up to 5 years, and only need to provide a minimum 15% down payment of the property’s value. Sacombank will finance the remaining 85%, with no cap on the total loan amount per customer. This policy enables borrowers to access capital quickly and easily, even without significant initial savings - empowering them to pursue homeownership or investment opportunities efficiently.

Beyond offering flexible interest rate policies, Sacombank continues to accelerate its digital transformation efforts and streamline loan approval and disbursement processes - ensuring a fast and seamless experience for customers.

“Sacombank is committed to providing flexible preferential capital, simple procedures, and fast disbursement to optimize customer experience and expand access to capital to meet diverse needs, from homeownership to wealth accumulation. This aligns with Sacombank’s consistent direction of supporting individuals and the economy on a stable, long-term, and sustainable development journey”, Sacombank representative stated. 

“Sacombank is committed to providing flexible preferential capital, simplified procedures, and rapid disbursement to optimize the customer experience and broaden access to financing. Our goal is to support diverse needs - from homeownership to wealth accumulation - while aligning with our long-term strategy to foster sustainable development for individuals and the broader economy,” a Sacombank representative shared.

For more details, please visit HERE or contact the nearest Sacombank branch.