Joan & Sara's testimony

The most common 1TP4 loan? You need a large budget to become a homeowner in Luxembourg. Each week, discover the testimonies of our atHomeFinance customers who became homeowners with a small budget.

Was this your first purchase and did you buy alone or as a couple?

"Yes, this is our first purchase, and we did it as a couple."

What was your approximate monthly salary (combined if purchased as a couple) at the time of purchase?

"About 5200 euros net for two, but with a 600 euro loan to pay back so more like 4600."

How much did you buy your property for?

"650,000 flat + 55,000 parking (+20,000 euro kitchen budget).

What was the date of purchase?

"Notary signature May 2020, loan signature January 2020."

Did you negotiate?

"No, it's new."

Have you chosen a fixed or variable rate?

"A mixture of both, 10 years fixed rate and then 20 years variable rate."

Over how many years will you repay your loan and how much are your monthly payments?

"2450€ excluding insurance for 30 years."

What does your property look like?

"Apartment of 62m2 on plan, 1 master bedroom with dressing room and bathroom, living room and separate wc. Cellar and parking."

Have you done or planned any work?

"As it's new we have a choice of everything, no need for work :)"

How long did it take from the time I contacted atHome Finance to the time I signed for your property?

"We first carried out a borrowing capacity test in October to define the budget and found a property in December by chance. The broker already had all the information so the file was put together very quickly. As it was an off-plan purchase we had paid money to block the reservation contract and had a very short deadline to find a bank but fortunately the broker was very reactive."

Do you have any feedback on your experience with atHome Finance?

"I think that without this service we would never have been able to buy this property. The property was above our estimated budget and the broker was able to put forward our profile and our stable situation to obtain the loan. Today we have absolutely no regrets about our purchase and if we had to repeat the experience we would contact atHomeFinance without hesitation.