APlus Home Loan

APS Bank Home Loans


The APlus Home Loan is a unique product that combines your home loan with your current, overdraft, deposit accounts and debit cards - all in one single account. These features effectively lower the amount of borrowing on which you are charged daily debit interest, enabling you to maximise your savings. Apart from reducing interest payments which add up to substantial amounts over the lifespan of the facility, APlus also makes life easier because it enables better control and monitoring of your finances.  Moreover, you can easily manage your money through the myAPS internet and mobile banking, anytime and anywhere.

Features of the APlus Home Loan at a glance

  • Borrow up to 90% - You may borrow up to 90% of the cost of the purchase, extension, completion or refurbishing of the property provided loan amount exceeds €85,000.
  • The facility may be repaid over a maximum term of 40 years or your retirement age, whichever is the earlier.

Start saving money immediately with the APlus Home Loan...

  • Reduced processing fees*
  • No bank legal fees*
  • No bank architect fees*
  • A very competitive interest rate
  • No early repayment fees
  • APS VISA Debit Card
  • No standing order charges for insurance premium payments
  • Optional 2 year moratorium on capital repayments

*Applicable for first-time buyers


Representative example of an APlus Home loan

On a fully utilised APlus Home Loan of €200,000 at a variable borrowing interest rate of 3.5% p.a. then the APRC will be 3.56% p.a. The loan will be repayable in 480 equal monthly instalments of €780.62 over a term of 40 years. The total sum payable throughout the term of the loan will be €374,797.60 (being capital of €200,000, interest of €174,697.60, processing fee of €100).

All APlus Home loans are subject to the final approval from your APS servicing branch.

*The APRC calculation is based on the below assumptions:

The consumer lending bank base rate (currently at 2.25%) remains unchanged during the period of the loan. The facility is utilised in full within the first 3 months after being sanctioned. Since the APlus home loan is a hybrid between the traditional Home-Loan and the Overdraft facility the worked example is calculated based on the scenario that the facility is always in debit and follows the scheduled repayments. A processing fee (0.25% of the loan amount) will be collected at the time of issuing the sanction letter and will be refunded (except for €100 to be retained by the Bank) at the time of signing the contract. Bank legal fees (0.325% of the loan amount + VAT) will be waived for first time home buyers. The consumer has the right to pay the loan in full or in part before the agreed termination. In the eventuality that the loan is either fully repaid or reduced by an amount equivalent to or greater than 30% of the sanctioned home loan limit within the first 3 years, Refunded / Waived Bank fees will become due. The credit agreement is to remain valid for the period agreed between the Bank and the consumer, and that both parties will fulfil their obligations under the term and by the dates specified in the credit agreement. The APRC calculation is based on the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit.

The worked example does not include the following items since such costs cannot be determined in advance: A life assurance policy covering the amount of the facility and a building replacement policy which are to be pledged in favour of the Bank. Also, periodic updating of searches where such fees would incur Public Registry and Lands Registry fees.

Terms and conditions apply and are available on request.

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Pre-contractual General Information Sheet

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Home Loan Calculator

APS Bank financial matters made simple

APS Home Loan gazette


APlus - Terms and Conditions (New)

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APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018.