The Zero Rate Loan (PTZ) was set up to help owners finance their energy renovation work. This is a form of zero-interest mortgage loan, offered by a financial institution, which can be used to finance eligible works. This loan is available to owners of primary residences who want to carry out energy renovation work. It can be used to finance works such as thermal insulation, improving energy performance, installing new heating systems, producing domestic hot water and improving energy efficiency. water.
What work is eligible for PTZ?
The Zero Rate Loan (PTZ) is a zero-rate mortgage loan which can be used to finance eligible works. The work must be carried out by a qualified and certified professional and must be recognized by the Zero Rate Loan (PTZ). Eligible works are:
- Thermal insulation of walls, floors and roofs.
- Improving the energy performance of heating systems, domestic hot water production and water efficiency.
- Installation of new heating and domestic hot water production systems
- The installation of solar thermal systems.
What is the amount of the zero interest loan
The amount of the Zero Rate Loan (PTZ) can be from 10,000 to 50,000 euros, depending on the importance and type of work to be financed. It should be noted that the amount of the PTZ is calculated according to the price of the work to be financed, the type of accommodation and the number of dependents. It is important to note that the amount of the PTZ is limited to 10,000 euros for owners of main residences built before January 1, 1990, and to 20,000 euros for owners of main residences built between January 1, 1990 and December 31 1997.
How to get the zero interest loan?
The Zero Rate Loan (PTZ) is granted by a bank or a financial organization, after studying your file and your renovation work. To obtain the PTZ, you must fill out a form and provide supporting documents such as quotes or invoices for the work to be carried out. You must also provide documents proving that you are the owner of the primary residence and that you are able to repay the loan.
What are the advantages of PTZ?
The main advantage of the Zero Rate Loan (PTZ) is that it allows owners to renovate their homes without having to pay interest. It also offers a financing solution for energy renovation work, which can be costly and which is necessary to improve energy performance and the quality of life of owners. The PTZ can also be used to finance renovation work that is not linked to improving energy performance, such as the installation of new equipment or the renovation of walls, floors or roofs.
What are the limitations of the zero interest loan?
The Zero Rate Loan (PTZ) has its limits. It is limited to 10,000 euros for owners of main residences built before January 1, 1990, and to 20,000 euros for owners of main residences built between January 1, 1990 and December 31, 1997. The PTZ cannot be used to finance work which is not linked to improving the energy performance of the home, and it cannot be used to finance work which is already in progress or which was carried out before the loan application.
What are the risks of a zero-interest loan?
The Zero Rate Loan (PTZ) is a zero-rate mortgage loan. This means that it must be repaid. If the loan is not repaid on time, the bank can seize the property and sell it to recover its funds. On the other hand, the PTZ is limited to 10,000 euros for owners of main residences built before January 1, 1990, and to 20,000 euros for owners of main residences built between January 1, 1990 and December 31, 1997. If the amount of work to be financed is greater than this amount, the rest of the work must be financed by another means.
What is the best way to finance the work?
The Zero Rate Loan (PTZ) is an interesting financing solution for owners who wish to carry out energy renovation work. However, it is important to note that there are other means of financing the work. Depending on your financial situation, you may be able to benefit from a low-interest bank loan, a personal loan or a grant. It is also possible to use crowdfunding platforms or benefit from help from your municipality or department.
The Zero Rate Loan (PTZ) is an interesting financing solution for owners who wish to carry out energy renovation work. It allows owners to finance their work without having to pay interest and is limited to 10,000 euros for owners of main residences built before January 1, 1990, and to 20,000 euros for owners of main residences built between January 1, 1990. January 1990 and December 31, 1997. However, it is important to note that there are other means of financing the work, and it is advisable to obtain detailed information and compare the different solutions to choose the best option.
