What if the bank's valuation is lower than the price of the apartment? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What if the bank's valuation is lower than the price of the apartment?

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

You may need to increase your own contribution to cover the difference.

Key points

  • Calculate the gap before finalizing the contract.

  • Do not make a large, non-recoverable commitment before the financing is clear.

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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