Does the bank finance the full price of the unit? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Does the bank finance the full price of the unit?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Financing is often linked to a percentage of the approved value, not the full price.

Key points

  • Determine whether the calculation is based on the selling price or the bank's valuation.

  • A valuation gap can increase the required down payment.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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