When you purchase a property, you must contribute at least 20% of the property's value from your own capital. The bank's financing will not exceed 80% and is split into two mortgages:
First mortgage: max. 67% of the property value
Second mortgage: max. 13% of the property value
In contrast to the first mortgage, repayment is compulsory for a second mortgage. You must repay the mortgage within 15 years or before you reach retirement age, whichever comes first.