They calculated what kind of installment the Wekerle Plus Program could mean
The Wekerle Plusz Program offers state-supported loans for new and used apartments with fixed interest rates of 3% and 5%, respectively. Based on a 38 square meter apartment, monthly repayments are estimated at 235,000 HUF for new apartments and 264,000 HUF for used ones, resulting in a potential savings of 29,000 HUF. However, the availability of new apartments is limited, with 91% of listed studio apartments being used. The required down payment for new apartments is significantly higher, averaging 15.2 million HUF compared to 5 million HUF for used ones. Monthly repayments remain lower for new apartments despite the higher down payment. To qualify for a 50 million HUF loan, a net income of 475,000 HUF is needed for new purchases and 585,000 HUF for used ones, with stricter bank requirements possible.