Mortgage Costs

 

Origination Fee

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Banks charge a fee of around 0.25% to open the mortgage file. In most cases IsraMortgages clients get a substantial discount on this fee.

 

Property Appraisal

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When purchasing a second hand property, the banks require you to have an appraisal of the property. The cost of this can range from 300 – 3,000 NIS depending on the size and value of the property.

 

Other Miscellaneous Costs

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All banks require you to take out life and property insurance. We can put you in contact with people that will help you out for these insurances.