Home Equity Loan

• Attractive interest rate and term up to 7 years
• Consolidate other loans
• Fresh funds for home improvement
• To pay for your children’s education or yours

How is repayment calculated?

Monthly repayments are calculated based on two values: Repayment on principle and on interest. Your repayments will cover the interest and a small amount of the  principle at the beginning and by the time the loan gets smaller your repayment will cover higher amounts the principle and a small amount of interest.

Requirements 

• Must be above the official legal age of 21
• Must have a stable income
• Must be an Aruban citizen
  
  

Bring the following to your appointment:

• A copy of a valid ID
• Two salary slip copies if paid monthly or four if paid bi-weekly 
• A reference letter from your employer
• You work permit (Non-Dutch Citizens)
• Proof of residency (Censo letter or the latest WEB, Elmar or Setar bill in your name)

* Please note that specific documents and conditions are applicable to open a non-resident account. Call our Contact Center at 527 7777 for more information.

Aruba Bank Mortgage Specialists are ready to assist you at all our branch locations!

During business hours: 

Aruba Bank Contact Center: (+297) 527-7777