Two of the most popular options when looking to purchase a home are the classic mortgage loan and the loan through the government program Noua Casă. Today we comparatively analyze these two products, highlighting key differences in 2026, advantages, disadvantages, and concrete recommendations for future homeowners.

What is a classic mortgage loan?

Key features:

Maximum value: up to 85% of the property price;

Minimum advance: 15% (may be higher forPlease find attached.SRL offers loans in foreign currency.

Interest rate: fixed (for 3-5 years) or variable (IRCC + margin);

Great flexibility in choosing your property: old, new, land, etc.

The Noua Casă program is a governmental program through which the state partially guarantees the loan contracted for the purchase of a home. The program aims to facilitate access to property for individuals who do not already own a home.

General Terms and Conditions:

Maximum property value: €140,000.

Minimum down payment: 5% if the property price is less than 70,000 euros;

Interest rate: IRCC + a fixed margin of up to 2% (regulated by law).

You cannot access this if you already have a dwelling of over 50 square meters.

Purchases of land or individual constructions are not eligible.

What loan should I choose in 2026? The decision between a classic mortgage and one through Noua Casă depends on several factors:

Monthly income and accepted debt-to-income ratio by banks;

Savings for down payments;

Desired property type (new, old, surface area, location);

Eligibility for Noua Casă (first home)

Risk tolerance and preference for predictability (fixed interest rate vs. variable interest rate).

For many Romanians, Noua Casă is attractive due to its low down payment and capped interest rate. In contrast, the classic mortgage loan offers more freedom and flexibility, making it preferred by those who can afford a larger down payment and desire more diverse options.

In addition, the Noua Casă loan has some important limitations: the interest rate can only be variable, the property cannot be rented or sold in the first 5 years, and refinancing requires the approval of the Guarantee Fund.

In other words, if we have a 15% down payment, the recommendation is to opt for a classic mortgage loan.

Case Study: New House vs. Classic Mortgage Loan

Option 1: Loan through Noua Casă

Down payment: 5% x 70,000 = 3,500 euro

Contracted credit: 66,500 euros (equivalent in lei)