Guides
Plain explanations of mortgages, payment types, deposits, early repayment and the effective rate — with calculators for your own numbers.
How to get a mortgage in Armenia
Step by step: the down payment you need, documents to collect, how to compare bank rates and which costs besides interest to budget for a mortgage in Armenia.
Read →balanceAnnuity vs differentiated payments
How annuity and differentiated loan payments differ, how each is calculated, which one costs less in interest and which fits your budget — with an example.
Read →savingsHow to choose a deposit in Armenia
What to check when choosing a deposit in Armenia: rate and term, compounding, top-ups, early withdrawal, tax on interest and the deposit guarantee.
Read →rocket_launchEarly repayment: how to save on interest
How early repayment works, whether to shorten the term or the payment, when to pay extra and what to check in the contract — with a savings calculation.
Read →percentThe effective interest rate on a loan
How the effective (actual) annual rate differs from the nominal rate, what it includes and why loans should be compared by it and by the total overpayment.
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