Central Bank Rate: 8.00%
menu

Loan Apps إرتريا

2 Verified Lenders • From 12.0% APR

Central Bank Rate 8.00%
Inflation Rate 4.30%
GDP/Capita ERN 800
Average Monthly Salary ERN 1,500
Income Tax Rate 35.0%
Average Property Price ERN 1,500K
Unemployment Rate 5.5%

Loan Types Available

Personal Loans

Interest Rate 12.00% - 18.00%
Loan Amount ERN 1,000 - 50K
Explore

Business Loans

Interest Rate 15.00% - 22.00%
Loan Amount ERN 10,000 - 500K
Explore

Student Loans

Interest Rate 10.00% - 14.00%
Loan Amount ERN 5,000 - 100K
Explore

Mortgage Loans

Interest Rate 8.00% - 12.00%
Loan Amount ERN 100,000 - 5,000K
Explore

Auto Loans

Interest Rate 9.00% - 16.00%
Loan Amount ERN 50,000 - 500K
Explore

General Requirements

Age Requirements

18 - 70 years

Residency

Required

Credit Score System

none

Minimum Down Payment

20.0%

Top Lenders

Commercial Housing Bank

3.6
View Details →

Commercial Bank

3.4
View Details →

Loan Calculator

Monthly Payment ERN 890
Total Cost ERN 10,680
esketit → bulkestate → peerberry → wahoopredict → estateguru → wahoopredict → viainvest → monefit →
Verified Expert
James Mitchell

James Mitchell

International Finance Expert & Credit Analyst

Over 8 years of experience analyzing loan markets and banking systems across 193 countries. Helping consumers make informed financial decisions through independent research and expert guidance.

Verified 3 days ago
193 Countries
12,000+ Reviews