A Guide to Interest Rates in Luxembourg in 2024

Are you looking to know more about the current interest rates in Luxembourg? Here is an overview of the offers available on the market in March 2024, negotiated by atHome Finance with major Luxembourg banks.

15-year loan: 3.7%
20-year loan: 3.7%
25-year loan: 3.8%
30-year loan: 3.9%
35-year loan: 4%

Under certain conditions, it is possible to obtain rates below 3.5%. Some banks offer aggressive deals, but these offers are often limited in time.

Banks also offer attractive rates to creditworthy profiles with high down payments and incomes. Additionally, for properties with an energy passport rating of A or B (purchased off-plan or recently built), rates can benefit from an additional discount.

Types of Loan Rates: Fixed, Variable, and Adjustable

Fixed Rates: The fixed rate remains constant throughout the loan term. While renegotiable under certain conditions, penalties may apply.

Adjustable Rates: The adjustable rate combines a fixed rate for part of the loan (e.g., 3 years) and a variable rate for the remaining period. At the end of the fixed period, it is possible to renegotiate to obtain a more advantageous fixed rate, provided that market rates have decreased.

Knowing Your Borrowing Capacity

Before starting your real estate search in Luxembourg, it is crucial to know your borrowing capacity. Our agents can help you estimate it for free. Contact us now to find out how we can help you achieve your goals with the best rates available on the market!