My Home 3: the terms the government has announced
The new «My Home III» programme of low-interest first-home mortgages will run through the Hellenic Development Bank with «a total of 2 billion euros», according to the government, which says it «is expected to start in early 2027». The joint ministerial decision with the final terms has not been issued.
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What it means for you
According to the government, people «up to 55 years old» will be able to join, the home may be worth up to «300,000» euros and the loan will cover «up to 90% of the market value», capped at «230,000» euros. For couples the income limit is «35,000 euros», raised by «7,000 euros for each child»; for single-parent families it is «39,000 euros plus 7,000 euros per child after the first». The interest rate and the date applications open have not been announced. The programme page will be updated when the joint ministerial decision is issued.
Who announced it
The Greek government, in its details of the economic measures of the 90th Thessaloniki Fair (government.gov.gr)
Not settled yet
- The dates
- How to apply
Sources
Greek Government: details of the economic measures of the 90th Thessaloniki Fair(opens in a new tab)Prime Minister's speech at the 90th Thessaloniki Fair(opens in a new tab)
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