Breakthrough financial solution for home buyers: Borrow 1 billion, pay principal 1 million VND/month

The 45,000 billion VND apartment and townhouse loan package from VIB , with attractive fixed interest rates and flexible repayment methods, is becoming an effective solution to help tens of thousands of customers, including young people, overcome financial barriers to realize their dream of settling down.

Apartment and townhouse loan package worth 45,000 billion VND from VIB

The dream of owning a home is always a legitimate desire of many families. However, financial problems, especially the pressure of repaying the initial debt, often become a barrier that temporarily puts this dream on hold. Meanwhile, by the end of 2024, apartment prices in Hanoi increased by 72.4% compared to the second quarter of 2019, while in Ho Chi Minh City, they increased by 34.3%. It is forecasted that in 2025, prices may continue to increase by 5-10% per year depending on the segment and region. Understanding the concerns and challenges of home buyers, since the end of the first quarter of this year, Vietnam International Bank (VIB) has launched a loan package to buy apartments and townhouses with a scale of up to 45,000 billion VND, bringing breakthrough solutions, appearing for the first time.

Not only attracting attention with its attractive fixed interest rate for a long period, VIB's VND45,000 billion loan package also pays special attention to the ability to repay debt and long-term financial stability for home buyers, especially young people, with the method of Borrowing 1 billion, paying 1 million principal.

Borrow 1 billion, pay 1 million principal - The key to opening the door to home ownership

The highlight of the loan package is the particularly flexible principal repayment method. VIB is the pioneer in applying this feature. Accordingly, in the first 5 years, customers only have to pay 1 million VND in principal per month for 1 billion outstanding debt, which is 0.1%/month, much lower than the 0.3% to 0.8% commonly seen on the market.

According to VIB representative, this solution is tailored for young people. Young people often have small initial savings but great potential for future income growth. This solution helps them significantly reduce financial pressure in the early stages, easily access larger loans and soon own a house.

In addition to the above solutions, customers can also fully customize their principal repayment plan, suitable for their needs and financial capabilities at different stages of life. Customers with stable incomes can choose to pay the principal every month. Meanwhile, young people who have just started working or are starting a business can choose to waive the principal for 5 years or pay the principal in steps from only 0.1% in the first 15 years. In particular, customers can also proactively pay off their monthly debt up to 25 million VND (equivalent to 300 million VND/year) without paying any prepayment fees.

Fixed Interest Rates - The Foundation for Long-Term Financial Planning

Not only impressing with its flexible principal repayment method, VIB's loan package also offers home buyers three fixed interest rate options: 5.9%/year for the first 6 months; 6.9%/year for the first 12 months; 7.9%/year for the first 24 months.

Notably, this is the only interest cost that customers have to pay, without any binding conditions regarding region, cross-selling products or loan rates. This transparency helps borrowers easily calculate cash flow and proactively plan their finances.

After the fixed interest rate period, the interest rate will be calculated by the base interest rate plus a reasonable margin (currently 2.9%), all of which are clearly announced on the website and credit contract.

Super fast loan approval thanks to technology and big data

One of the major barriers when taking out a home loan is the long waiting time for approval and disbursement. However, with a database of more than 500,000 apartments in major cities such as Hanoi, Ho Chi Minh City, Da Nang, Binh Duong, etc., VIB can evaluate real estate in just 1 minute. As a result, the loan approval time is shortened to only 4 - 8 hours. This is a speed that surpasses the many working days at other banks.

The creative breakthrough, along with the real and transparent benefits of the loan package, brought VIB the award " Best Home Loan Bank in Vietnam " presented by Global Brands Magazine in April 2025.

The dream of home ownership needs to be fueled.

House prices are increasingly outstripping incomes, making the dream of home ownership for many people in need of support. Many experts suggest that loan packages should be extended for 20-30 years, equivalent to the borrower's entire working cycle, helping them reduce the burden of monthly debt repayment. In addition, stable interest rates are an important factor in maintaining the borrower's psychology. Any fluctuation in interest rates can make borrowers worried, affecting their quality of life and their desire to settle down - the core factor that motivates them to stay in a city for a long time and dedicate themselves to work.

The VND45,000 billion loan package with many breakthrough incentives has demonstrated VIB's deep understanding of the diverse needs of customers, including young people. They not only want to buy a house to stabilize their lives but also have many other goals such as studying, traveling, starting a business... Therefore, a loan package with a low and flexible initial payment is the optimal solution.

The fixed interest rate for 6, 12 or 24 months instead of floating early is also a testament to understanding customers. Longer fixed options, along with interest rates after the fixed period calculated by the base interest rate plus a reasonable margin (currently 2.9%), are clearly disclosed on the website and credit contract. This transparency helps borrowers easily calculate cash flow and proactively manage their personal finances.

Through this loan package, VIB not only provides a financial product but also accompanies customers on the journey to realize their dream of settling down. With competitive interest rates, flexible repayment methods and quick procedures, many people can be more confident and bold in owning their first home, as a foundation for a stable and long-term life.

Thu Ha

Source: https://congthuong.vn/giai-phap-tai-chinh-dot-pha-cho-nguoi-mua-nha-vay-1-ty-tra-goc-1-trieu-dongthang-387165.html