PTZ simulation

Are you looking for real estate and want to know if you can get a Zero Rate Loan (PTZ)?

If you are a first-time buyer (you have not owned a main residence in the past two years), and you want to buy new or old with or without work, it is likely that you have access this type of loan helped for your mortgage.

This home loan calculator will let you know whether or not you can get a zero interest loan to become a homeowner as well as the amount you can claim depending on your situation.

Zero rate loan simulator 2019

Example: For a couple who want to buy a new home at a price of $ 200,000 with income of $ 50,000 / year in year n-2 in Washington DC. After a loan simulation, the PTZ + (ptz 2019) obtainable is $ 80,000

How do I perform my PTZ simulation?

The Zero Rate Loan allows a person to borrow money for their real estate purchase without having to repay interest at the time of financing. Depending on household income and the location of the property, the maximum amount that can be borrowed varies. It is a free loan that can be granted by a banking establishment under conditions.

To benefit from the PTZ Plus you must also be a first-time buyer, that is to say that your real estate project must correspond to the financing of your first main residence.

To find out if you are eligible for PTZ, you must complete all fields of the PTZ simulator:

  • Amount of the property: Corresponds to the amount of the property you wish to acquire.
  • Household composition: Number of people who will live in the property (be careful, we are talking about the number of inhabitants and not the number of borrowers). The household income ceilings vary according to the composition of the household.
  • Type of property: New or old. The conditions for obtaining it are different depending on the type of property.
  • Tax income at N-2: Your reference tax income for year N-2 of the current year.
  • Your city: Allows you to define the zone in which you are located and to determine if you are entitled to PTZ.

By completing this zero rate loan simulation, you will know whether or not you are eligible for the PTZ to finance a real estate purchase, but also how much and what percentage you can claim for your loan application.

The PTZ calculation also gives you an overview of your borrowing capacity for this type of loan.

The zero rate plus loan: definition

The new zero rate plus loan (PTZ +) entered into force on January 1, 2011, it is a loan complementary to a principal credit. The PTZ has no fees or interest whatsoever. This type of loan is subsidized, that is to say that the State grants it under a condition of eligibility. The PTZ + (or new ptz) is an evolution of the classic PTZ implemented since 2011.

Not everyone has easy access to this type of zero-interest credit. This measure has two objectives:

  • Support people wishing to become owners of a main residence (old or new housing)
  • Encourage people wishing to acquire environmentally friendly housing

Indeed, the PTZ facilitates home ownership since there is no credit rate included in the monthly payments that you repay.

On the other hand, you must take into account the ancillary costs in the total cost of the operation of your mortgage. These fees can have different origins such as the cost of the work or the notary fees for example.

Access to the Zero Rate Loan is made under certain conditions of ownership and zoning:

  • Not having owned a property in the past two years
  • Income or resource ceilings by PTZ zone:
Number of people who will occupy the property Zone A Zone B1 Zone B2 Zone C
1 $ 37,000 $ 30,000 $ 27,000 $ 24,000
2 $ 51,800 $ 42,000 $ 37,800 $ 33,600
3 $ 62,900 $ 51,000 $ 45,900 $ 40,800
4 $ 74,000 $ 60,000 $ 54,000 $ 48,000
5 $ 85,100 $ 69,000 $ 62,100 $ 55,200
6 $ 96,200 $ 78,000 $ 70,200 $ 62,400
7 $ 107,300 $ 87,000 $ 78,300 $ 69,600
8 and + $ 118,400 $ 96,000 $ 86,400 $ 76,800
  • A loan that has a total amount capped:

The PTZ amount is capped and depends on the zone concerned:

Number of people who will occupy the property Zone A Zone B1 Zone B2 Zone C
1 $ 60,000 $ 54,000 $ 44,000 $ 40,000
2 $ 84,000 $ 75,600 $ 61,600 $ 56,000
3 $ 102,000 $ 92,000 $ 74,800 $ 68,000
4 $ 120,000 $ 60,000 $ 54,000 $ 48,000
5 $ 138,000 $ 124,400 $ 101,200 $ 92,000

For the duration of the loan, the repayment of the Zero Rate Loan can range from 20 to 25 years. However, you have the option of making an early repayment for your ptz .

The PTZ is therefore a common loan under agreement (like the Social Accession Loan ). It promotes first-time buyers, especially for young borrowers who wish to purchase a home. It is very beneficial for the borrower as there is no fixed rate to repay included in the loan amount every month. You can get this loan only if you meet the conditions of the zero rate loan . Be careful not to confuse the ptz with the eco-ptz which aims to finance work to improve the energy performance of a home.