- Single Person 21 till 30 years between €19,000 – €25,000
- Single Person 31 till 39 years between €25,000 – €35,000
- Couple 21 till 39 years between €19,000 – €35,000
The applicant cannot hold more than €17,500 capital assets.
For those who are eligible, the government will be paying the 10% deposit, on loan, so they can buy the property which should not exceed the sum of €175,000. This means the government will issue the maximum amount of €17,500. This loan will not be subject interest rates. The same mentioned loan given by the government has to be repaid over a period of 25 years.
If the loan repayment is settled within the first 5 years, the government will give an incentive discount of 5% on the amount due.
If the loan repayment is settled between 5 and 10 years, the government will give an incentive discount of 2% on the amount due.
The application can be downloaded from the website https://housingauthority.gov.mt/en/Pages/default.aspx