Compare Mortgages in Romania

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20 live offers compared from 8 providers, from RON 0. Updated daily.

What is a mortgage in Romania?

A mortgage (credit ipotecar) is a long-term loan to buy a home, secured against the property itself, repaid over terms that commonly run 20 to 30 years. Romanian buyers use mortgages for standard purchases and there is also the state-backed Noua Casă programme (formerly Prima Casă) that helps first-time buyers with a government guarantee and lower down payment. The bank holds a mortgage lien until the loan is repaid.

How the Romanian market works

Mortgages are provided by banks supervised by Banca Naţională a României (BNR). Interest can be fixed for an initial period then variable, with variable rates tied to the IRCC (Indicele de Referinţă pentru Creditele Consumatorilor), the reference index that replaced ROBOR for consumer loans. BNR rules require a minimum down payment and cap monthly repayments at 40% of net income. The Noua Casă scheme, guaranteed by the state through FNGCIMM, lets eligible first-time buyers put down less.

Benefits

Home ownership — spread the cost of a property over decades instead of paying rent.

State support for first buyers — Noua Casă offers a government guarantee and a lower down payment.

Rate choice — pick an initial fixed period for certainty or a variable IRCC-linked rate.

Asset building — each repayment builds equity in a home that may appreciate.

Long repayment horizon — terms of 20 to 30 years keep monthly payments affordable relative to income.

How to choose

Compare the DAE (annual percentage rate including fees) rather than the headline rate, and decide between an initial fixed-period and a variable IRCC-linked structure based on how much rate certainty you want. Factor in the down payment you can afford, the analysis and valuation fees, mandatory home and sometimes life insurance, and early-repayment terms. Check whether a lower rate requires routing your salary to the bank, and whether you qualify for Noua Casă.

Leading providers in Romania

BCR (Banca Comercială Română), Banca Transilvania, BRD – Groupe Société Générale, Raiffeisen Bank Romania, ING Romania, CEC Bank, UniCredit Romania and Garanti BBVA Romania are the main mortgage lenders. ING is known for competitive fixed-period offers and digital processing, CEC Bank for wide participation in state schemes, and the largest banks for broad branch support. Most participate in the Noua Casă programme alongside their standard mortgage ranges.

What it costs

Mortgage rates in Romania are usually structured as an initial fixed period followed by a variable rate linked to IRCC plus a fixed margin, expressed as a DAE that includes fees. Costs include the down payment, analysis and valuation fees, and mandatory property insurance. Because rates and fees depend on your profile, loan-to-value and scheme eligibility, request personalised offers rather than relying on a single figure.

Protections and regulation

Mortgage lending is governed by mortgage-credit legislation implementing EU rules and supervised by BNR, with consumer protection from ANPC. Borrowers receive a standardised European information sheet (ESIS) before signing, have a reflection period, and can repay early subject to legally capped compensation. The 40% debt-to-income cap and minimum down payment protect against over-borrowing. The Noua Casă guarantee is backed by the state through FNGCIMM.

Common questions

What is IRCC? The consumer-credit reference index that variable mortgage rates track, having replaced ROBOR for consumer loans.

How much deposit do I need? A standard minimum down payment applies, lower under the Noua Casă scheme for eligible first-time buyers.

Fixed or variable rate? Many loans fix for an initial period then move to a variable IRCC-linked rate; choose based on your appetite for rate certainty.

Is insurance mandatory? Yes; property insurance is required, and lenders often ask for a life policy assigned to the loan.

Mortgages in Romania — FAQ