Byblos Bank Armenia Mortgages
11 mortgage programs, APR from 0%, down payment from 0%, current as of 06.10.2026
1 000 000 ֏500 000 000 ֏
%
%
Term20 years
1 year30 years
Calculation results
Monthly payment220 218 ֏
Loan amount
20 000 000 ֏Down payment
5 000 000 ֏Interest overpayment
32 852 320 ֏Total to pay57 852 320 ֏
Recommended income550 545 ֏
The calculator results are preliminary. Full payment conditions will be provided by the bank after signing the agreement
Find a mortgage
Choose the best terms from top Armenian banks
9 offers found
Byblos Bank ArmeniaEnergy-efficient renovation
Effective rate
0% - 10.31%
Rate
13% - 14%
Amount
to 10 000 000֏
Down payment
from 0%
State program
Byblos Bank ArmeniaHome for Youth
Effective rate
8.12% - 11.35%
Rate
7%
Amount
to 27 500 000֏
Down payment
from 7%
State program
Byblos Bank ArmeniaHome for Youth
Effective rate
8.12% - 11.35%
Rate
7%
Amount
to 22 500 000֏
Down payment
from 10%
State program
Byblos Bank ArmeniaReal estate construction loan.
Effective rate
11.73% - 20.09%
Rate
11% - 12.5%
Amount
to 250 000 000֏
Down payment
from 0%
Byblos Bank ArmeniaReal estate renovation loan
Effective rate
11.73% - 17.28%
Rate
11% - 12.5%
Amount
to 250 000 000֏
Down payment
from 0%
Byblos Bank ArmeniaAcquisition
Effective rate
11.73% - 15.85%
Rate
11% - 12.5%
Amount
to 250 000 000֏
Down payment
from 20%
Byblos Bank ArmeniaNational Mortgage Company
Effective rate
13.23% - 14.93%
Rate
12.5% - 13%
Amount
to 35 000 000֏
Down payment
from 0%
Byblos Bank ArmeniaNational Mortgage Company
Effective rate
13.47% - 16.39%
Rate
12.5% - 15%
Amount
to 60 000 000֏
Down payment
from 10%
Byblos Bank ArmeniaNational Mortgage Company
Effective rate
13.53% - 16.49%
Rate
12.5% - 15%
Amount
to 60 000 000֏
Down payment
from 0%
Information about Byblos Bank Armenia
General information
Full legal name
"Byblos Bank Armenia" CJSC
Founded
2007
CB of Armenia License
№72
Website
byblosbankarmenia.am/enOn the map (9)
Financial Indicators (2025)
Total Assets
AMD 135.3 billion
Loans and Advances
AMD 72.78 billion
Equity
AMD 35.91 billion
Net Profit
AMD 1.404 billion
Annual Report
OpenBank details
CB of Armenia License
№72
Registration date
26 Apr 1996
Bank code
21400
SWIFT code
BYBAAM22
Chairman
Ani Sargsyan (Acting Director)
Bank branches and ATMs map
Financial news
All news
Journal
Open AFM journal
Byblos Bank Armenia Mortgages: Terms and Programs
- Mortgage for primary housing (new developments) - rate, amount, term, down payment
- Mortgage for secondary housing - rate, amount, term, down payment
- Mortgage refinancing - terms, minimum rate
- State-supported mortgage - if applicable for the bank
- Construction mortgage - if applicable
| Parameter | Value |
|---|---|
| Amount | from 275 000 to 250 000 000 AMD |
| Term | up to 25 years |
| Down payment | from 0% |
| Rate | from 7% |
| APR | from 0% |
| Application review | 1 business days |
- Apartment in a new development (primary market)
- Apartment on the secondary market
- Private house / cottage
- Land plot (depends on the bank)
- Commercial real estate (depends on the bank)
- Citizenship of the Republic of Armenia (or residence permit - depends on the bank)
- At least 21 years old at the time of application and no older than 63 at the time of loan repayment
- Officially confirmed source of income
- Employment history at the current workplace - from 6 months
- Positive credit history
- Registration in Armenia
Standard package:
- Passport of a citizen of the Republic of Armenia
- Proof of income (bank form or equivalent income statement)
- Employment contract or employment record
- Documents for the property being purchased
Extended package (if required):
- Documents of a co-borrower / guarantor
- Documents for pledged property (if existing real estate is used as collateral)
- Documents confirming the borrower's own contribution
Step 1 - Compare Byblos Bank Armenia programs with offers from other banks in Armenia on AFM.am
Step 2 - Choose a suitable program and calculate the payment using the mortgage calculator
Step 3 - Prepare the required documents
Step 4 - Submit an online application on the bank's website or visit a branch
Step 5 - Wait for the bank's decision and provide the original documents
Step 6 - Sign the agreement and arrange insurance and the property pledge
- Life and disability insurance
- Property insurance (mandatory)
- Down payment of 30% or more
- Salary customer of the bank
- Electronic registration of the transaction (if supported)
Pros:
- ✓ 11 mortgage programs for different purposes
- ✓ Online application without visiting a branch
- ✓ Decision within 1 business days
- ✓ Early repayment without penalties
- ✓ Possibility of involving a co-borrower
Cons:
- ✗ Mandatory insurance of the pledged property
What Mortgage Programs Does Byblos Bank Armenia Offer?
Byblos Bank Armenia offers 11 mortgage programs: mortgages for primary housing, mortgages for secondary housing, refinancing. Rates start from 7%, amounts are available up to 250000000 AMD, and terms are up to 25 years.
What Is the Minimum Mortgage Rate at Byblos Bank Armenia?
The minimum annual rate is 7%. The APR for the most favorable programs starts from 0%. The final rate depends on the program, amount, term, down payment, and the borrower's credit history.
What Is the Minimum Down Payment for a Mortgage?
The minimum down payment is 0% of the property value. Under some programs, a mortgage without a down payment may be available if existing property is pledged as collateral. Check the exact terms on the Byblos Bank Armenia website.
What Is the Maximum Mortgage Amount Available at Byblos Bank Armenia?
The maximum mortgage loan amount is 250000000 AMD. The final limit is determined individually by the bank based on the borrower's creditworthiness and the value of the collateral.
What Property Can Be Purchased with a Byblos Bank Armenia Mortgage?
The bank finances the purchase of apartments on the primary and secondary markets, private houses, and cottages.
What Are Byblos Bank Armenia's Requirements for Mortgage Borrowers?
Citizenship of the Republic of Armenia, at least 21 years old at the time of application and no older than 63 at the time of loan repayment, stable confirmed income, employment history of at least 6 months, and a positive credit history.
What Documents Are Required to Get a Mortgage?
Passport of a citizen of the Republic of Armenia, proof of income, employment contract, and documents for the property being purchased. If a co-borrower is involved, the same package of documents is required from them.
How Can I Apply for a Mortgage at Byblos Bank Armenia?
On AFM.am, compare all Byblos Bank Armenia programs with offers from other banks in Armenia. After choosing a program, go to the bank's website to submit an online application or visit the nearest branch.
Can I Repay a Byblos Bank Armenia Mortgage Early?
Yes, full or partial early repayment is available through the mobile application or at a bank branch. The bank will recalculate the remaining interest as of the repayment date. There are no penalties for early repayment.
Is Property Insurance Mandatory for a Mortgage?
Insurance of the pledged property is mandatory under the legislation of the Republic of Armenia. Life and disability insurance for the borrower is generally optional, but taking out such insurance may reduce the interest rate.
Products of Armenian banks