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# Zero-interest loan (PTZ or PTZ+)

Verified 05 April 2024 - Directorate for Legal and Administrative Information (Prime Minister)

For the borrower, the price to be paid for the amount borrowed. For the lender, remuneration of the amount lent.

Interest paid by the borrower when the release of the borrowed funds (amount of the loan) takes place in several installments. Intermediate interest shall be due from the first release of funds until the full amount of the loan has been released. The date on which the interim interest ends is the date on which the borrower starts to repay the loan.

Accommodation occupied at least 8 months per year except for professional obligation, health reasons or cases of force majeure

Exceptional, unforeseeable and irresistible event justifying exemption from an obligation, commitment or liability (for example: natural disaster for an insurance contract, death of the employee for an employment contract...)

Total cost of purchase, housing works (excluding eco-PTZ and installation of oil, coal or gas heating) and negotiation fees. Notarial fees, registration fees and the purchase of furniture to furnish the dwelling are not taken into account.

Right to use property and to receive rental income from property without being able to dispose of it, including selling it

The right of an owner to dispose of a property without being able to use it, to enjoy it as a usufructuary, or to derive rental income from it. The non-owner can sell his property right, without selling the enjoyment of the property.

Want to know what a Zero Rate Loan (ZLP) is? The PTZ: titleContent is a state-aided loan. You have to repay the amount you are lent, but you do not have to pay of interest or intercalary interest, or application fees or expert fees. The PTZ must be used to finance the purchase or construction of your future principal residence, in addition to another mortgage. To obtain the PTZ, you must meet several conditions. We'll explain.

## What applies to you ?

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The conditions to be fulfilled to obtain the PTZ: titleContent are different, depending on whether you want to buy new housing, old housing, the social housing you live in, or whether you want to turn a room into housing.

## Purchase of new housing

The PTZ can finance **in part** the purchase:

- A new dwelling, i.e. a dwelling completed less than 5 years ago, with a view to its 1
^{re}occupation - Or a dwelling for its 1
^{re}occupation after the work necessary for its production or delivery

The PTZ can also be used for the construction or simultaneous purchase of outbuildings (garage, parking space...).

But** only one PTZ may be granted for a single real estate transaction**.

Your future home must meet several conditions, which vary according to the type of purchase:

Répondez aux questions successives et les réponses s’afficheront automatiquement

#### "Classic" Purchase

**Your future home must be located in a commune in zone A, Abis, or B1**.

To know the area of the commune of your future housing, you can use this simulator:

Know the area of his commune: A, Abis, B1, B2 or C

**Your future dwelling must be located in a collective dwelling**, i.e. comprising more than 2 housings, partially or totally superposed.

**Your future home must become your primary residence** :

- At the latest 1 year after its purchase or completion of the work
- Either from retirement, which must occur at the latest 6 years after the purchase or completion of the work. Until you retire, you can rent the accommodation, under certain conditions.

To qualify as your principal residence, you must **inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

#### Purchase in rental-purchase of real estate property (PSLA)

**Your future home must become your primary residence** :

- At the latest 1 year after its purchase or completion of the work
- Either from retirement, which must occur at the latest 6 years after the purchase or completion of the work. Until you retire, you can rent the accommodation, under certain conditions.

To qualify as your principal residence, you must **inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

#### Purchase with a real joint and several lease (BRS)

**Your future home must become your primary residence** :

- At the latest 1 year after its purchase or completion of the work
- Either from retirement, which must occur at the latest 6 years after the purchase or completion of the work. Until you retire, you can rent the accommodation, under certain conditions.

To qualify as your principal residence, you must **inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

#### Purchase through social home ownership (VAT at reduced rate)

**Your future accommodation in the location:**

- Either in or near a city policy priority area (QPV)
- Either in or near a ANRU area

**Your future home must become your primary residence** :

- At the latest 1 year after its purchase or completion of the work

**inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

The revenue requirements vary depending on the type of purchase you make:

Répondez aux questions successives et les réponses s’afficheront automatiquement

#### "Classic" Purchase

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total of your reference tax income and that of other persons who will live in the dwelling. The tax income to be taken into account is that for year N-2. For a 2024 application for PTZ, this is the 2022 benchmark tax income, recorded on the 2023 tax notice. If you have revenue from the foreigner, it is to be taken into account. You will need to provide proof of this when applying for PTZ.
- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

To obtain a PTZ, the *amount of your income* must be less than a certain amount.

This amount depends on the number of people housed and the municipality of your future dwelling.

FYI

You can only obtain the PTZ if the municipality of your future dwelling is located in zone A, Abis or B1.

A simulator makes it possible to know the area to which the municipality belongs:

#### Purchase in rental-purchase of real estate property (PSLA)

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total of your reference tax income and that of other persons who will live in the dwelling. The tax income to be taken into account is that for year N-2. For a 2024 application for PTZ, this is the 2022 benchmark tax income, recorded on the 2023 tax notice. If you have revenue from the foreigner, it is to be taken into account. You will need to provide proof of this when applying for PTZ.
- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

To obtain a PTZ, the *amount of your income* must be less than a certain amount.

This amount depends on the number of people housed and the municipality of your future dwelling.

A simulator makes it possible to know the area to which the municipality belongs:

#### Purchase with a joint and several actual lease agreement (BRS)

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total of your reference tax income and that of other persons who will live in the dwelling. The tax income to be taken into account is that for year N-2. For a 2024 application for PTZ, this is the 2022 benchmark tax income, recorded on the 2023 tax notice. If you have revenue from the foreigner, it is to be taken into account. You will need to provide proof of this when applying for PTZ.
- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

To obtain a PTZ, the *amount of your income* must be less than a certain amount.

This amount depends on the number of people housed and the municipality of your future dwelling.

A simulator makes it possible to know the area to which the municipality belongs:

#### Purchase through social home ownership (VAT at reduced rate)

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

To obtain a PTZ, the *amount of your income* must be less than a certain amount.

This amount depends on the number of people housed and the municipality of your future dwelling.

A simulator makes it possible to know the area to which the municipality belongs:

**You must not have owned your principal residence in the 2 years prior to the TTZ.**

However, this condition does not apply if you are in** at least one of the following** :

- You have either usufruct, or bare-ownership of your principal residence
- You or one of the occupants of the dwelling have a
*mobility card inclusion*marked*invalidity*, or a*disability card*of 2^{e}or 3^{e}category (absolute inability to work), or collect theAAH: titleContent or theAEEH: titleContent - A natural or technological disaster has made your home permanently uninhabitable. In this case, you must apply for a loan within 2 years of the publication of the order establishing the disaster.

FYI

If you have obtained a PTZ and are selling your home to buy a new one, you can request the transfer of your PTZ.

#### Estimate the amount of PTZ

You can estimate the amount of your PTZ using this simulator:

Simulator - Zero Rate Loan (PTZ)

#### How to calculate the maximum amount of PTZ?

Répondez aux questions successives et les réponses s’afficheront automatiquement

#### "Classic" Purchase

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a dwelling, which will be inhabited by 2 people, located in a commune in zone A, and whose total cost of the operation to be financed (TTC) is 230 000 €, the *total cost taken into account for the calculation of the PTZ* is EUR 225 000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a house that will be inhabited by 2 people, including the *income amount* is 60,000 €, the family coefficient to be used is 1.5.

The income bracket is determined using the following calculation: 60 000 €/1,5 = 40 000 €.

To know the *income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a dwelling whose commune is in zone A, which will be inhabited by 2 people, and whose amount obtained by dividing the *amount of your income* by the *family coefficient* is €40,000, the *income bracket *corresponding is tranche 4.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

To do this, you need to multiply the *total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is 225 000 €, and belonging to tranche 4, the maximum amount of the PTZ is 225 000 € x 20 % = 45 000 €

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

- It must not exceed the amount of the other loan(s) more than 2 years that finance, with the PTZ, your real estate project.
- When the amount of the PTZ is 50% of the total cost of operation to be financed, that amount shall not exceed 25% the amount of the other loan(s) over 2 years that finance your real estate project.

Example :

For a real estate project whose total cost of operation to be financed is €100,000, with a 20-year loan and a PTZ. Your situation (income and location of the accommodation) allows you to obtain a PTZ equivalent to 50% of this amount, i.e €100,000 x 50% = €50,000

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25%= €12,500.

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

#### Purchase in rental-purchase of real estate property (PSLA)

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a dwelling, which will be inhabited by 2 people, located in a commune in zone C, and whose total cost of the operation to be financed (TTC) is 163 000 €, the *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a dwelling that will be inhabited by 2 people, the family coefficient to be used is 1.5.

For a *income amount* of € 30 000, the income bracket is determined using the following calculation: € 30 000/1,5 = € 20 000.

To know the *income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a dwelling whose commune is in zone C, which will be inhabited by 2 people, and whose amount obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *corresponding is tranche 3.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

To do this, you need to multiply the *total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is 150 000 €, and belonging to tranche 3, the maximum amount of the PTZ is 150 000 € x 40 % = 60 000 €

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

- It must not exceed the amount of the other loan(s) more than 2 years that finance, with the PTZ, your real estate project.
- When the amount of the PTZ is 50% of the total cost of operation to be financed, that amount shall not exceed 25% the amount of the other loan(s) over 2 years that finance your real estate project.

Example :

For a real estate project whose total cost of operation to be financed is €100,000, with a 20-year loan and a PTZ. Your situation (income and location of the accommodation) allows you to obtain a PTZ equivalent to 50% of this amount, i.e €100,000 x 50% = €50,000

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25%= €12,500.

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

#### Solid Real Lease Purchase (BRS)

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a dwelling, which will be inhabited by 2 people, located in a commune in zone C, and whose total cost of the operation to be financed (TTC) is 163 000 €, the *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a dwelling that will be inhabited by 2 people, the family coefficient to be used is 1.5.

For a *income amount* of € 30 000, the income bracket is determined using the following calculation: € 30 000/1,5 = € 20 000.

To know the *income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a dwelling whose commune is in zone C, which will be inhabited by 2 people, and whose amount obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *corresponding is tranche 3.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

To do this, you need to multiply the *total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is 100 000 €, and belonging to tranche 1, the maximum amount of the PTZ is 150 000 € x 40 % = 60 000 €

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

- It must not exceed the amount of the other loan(s) more than 2 years that finance, with the PTZ, your real estate project.
- When the amount of the PTZ is 50% of the total cost of operation to be financed, that amount shall not exceed 25% the amount of the other loan(s) over 2 years that finance your real estate project.

Example :

For a real estate project whose total cost of operation to be financed is €100,000, with a 20-year loan and a PTZ. Your situation (income and location of the accommodation) allows you to obtain a PTZ equivalent to 50% of this amount, i.e €100,000 x 50% = €50,000

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25%= €12,500.

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

#### Purchase through social home ownership (VAT at reduced rate)

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a dwelling, which will be inhabited by 2 people, located in a commune in zone C, and whose total cost of the operation to be financed (TTC) is 163 000 €, the *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a dwelling that will be inhabited by 2 people, the family coefficient to be used is 1.5.

For a *income amount* of € 30 000, the income bracket is determined using the following calculation: € 30 000/1,5 = € 20 000.

*income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a dwelling whose commune is in zone C, which will be inhabited by 2 people, and whose amount obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *corresponding is tranche 3.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

*total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is 150 000 €, and belonging to tranche 3, the maximum amount of the PTZ is 150 000 € x 40 % = 60 000 €

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

- When the amount of the PTZ is 50% of the total cost of operation to be financedamount of your real estate project, this amount must not exceed more than 25% the amount of the other loan(s) over 2 years that finance your real estate project.

Example :

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

The repayment term of the PTZ cannot **not to exceed 25 years**.

The repayment term depends on how much you earn. The higher your income, the shorter the term of the loan.

The PTZ must be refunded:

- Either in 1 period only
- That is, in 2 periods, when there is a delay in repayment. During 1
^{re}period, that of the deferred, you do not refund your PTZ. This period may not be less than 2 years.

Only financial institutions **having signed an agreement with the State** (for example, a bank) may grant a PTZ.

Each institution shall evaluate **freely** your ability to repay a loan (called your *creditworthiness*) and your warranties.

The hotel is **not obligatory** to grant you the PTZ.

You must apply for the PTZ **in addition to at least 1 other loan**.

This may include one of the following loans:

- Social Accession Loan (SAP)
- Agreed loan
- "Classic" Bank Mortgage
- Home Savings Loan
- Supplementary loan

## Purchase of old housing

The PTZ is used to finance **in part** the purchase of an old dwelling (i.e. a dwelling) **completed more than 5 years**) with energy-saving or improvement works (creation, modernization, refurbishment or improvement of living space or ancillary surfaces). The PTZ can also finance the simultaneous purchase of outbuildings (garage, parking space...).

It is not granted **only one PTZ for the same operation** real estate.

Your future home must **comply with the following 3 conditions** :

#### 1. Housing in zone B2 or C

Your future home must **be in a municipality situated in zone B2 or C**.

To know the area of the commune of your future housing, you can use this simulator:

Know the area of his commune: A, Abis, B1, B2 or C

#### 2. Housing with improvements to be made

The TZP is to be used to partially finance the purchase of old housing **and** carrying out improvement work.

This work must represent at least 25% the total cost of the operation to be financed.

This may include:

- Improvement work (creation, modernization, cleaning up or improvement of living areas or ancillary areas)
- Energy-saving work (unless financed by an eco-PTZ or for the installation of oil, coal or gas heating). The annual energy consumption of the dwelling (heating, hot water, cooling) must be less than 331 kWh/m². This condition may be demonstrated by an energy assessment or a DPE: titleContent indicating at least Class E, after work.

Warning

- You must begin this work after obtaining the PTZ. However, in the case of a contract for sale of building to be renovated (VIR) or a contract of rental-purchase of real estate (PSLA)However, work can begin before obtaining the PTZ.
- The works must be completed within a period which may not exceed 3 years from the date of issue of the PTZ offer. However, you may be granted additional time in certain cases (force majeure, natural or technological disaster, illness or accident, litigation procedure).

#### 3. Dwelling to be used as a principal residence

Your home must become your primary residence:

- At the latest 1 year after its purchase or completion of the work

**inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

To obtain a PTZ, the *amount of your income* must be less than a certain amount.

This amount depends in particular on the area of the commune of your future housing.

FYI

To obtain the PTZ, the municipality of your future housing must **be located in zone B2 or zone C**.

A simulator makes it possible to know the area to which the municipality belongs:

**You must not have owned your principal residence in the 2 years prior to the TTZ.**

However, this condition does not apply if you are in** at least one of the following** :

- You have either usufruct, or bare-ownership of your principal residence
- You or one of the occupants of the dwelling have a
*mobility card inclusion*marked*invalidity*, or a*disability card*of 2^{e}or 3^{e}category (absolute inability to work), or collect theAAH: titleContent or theAEEH: titleContent - A natural or technological disaster has made your home permanently uninhabitable. In this case, you must apply for a loan within 2 years of the publication of the order establishing the disaster.

FYI

If you have obtained a PTZ and are selling your home to buy a new one, you can request the transfer of your PTZ.

#### Estimate the amount of PTZ

You can estimate the amount of your PTZ using this simulator:

Simulator - Zero Rate Loan (PTZ)

#### How to calculate the maximum amount of PTZ?

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a house, which will be inhabited by **2 people**, located in a municipality in **zone C**and whose total cost of the operation to be financed (including VAT) is €163,000, on *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a home that will be inhabited by **2 people**, the family coefficient to be used is **1.5**.

For a *income amount* of €30,000, the income bracket shall be determined using the following calculation: €30,000/**1.5** = €20,000.

*income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a house whose municipality is in **zone C**, which will be inhabited by 2 persons, and whose amount obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *correspondent is the **tranche 3**.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

*total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is 150 000 €, and belonging to tranche 1, the maximum amount of the PTZ is 150 000 € x 40 % = 60 000 €

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

Example :

For a real estate project of €100,000, to be financed by a 20-year loan and a PTZ. Your situation (income and location of housing) allows you to obtain a PTZ equivalent to 50% of your real estate project, that is €100,000 x 50% = €50,000

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25% = €12,500.

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

The repayment term of the PTZ cannot **not to exceed 25 years**.

The repayment term depends on how much you earn. The higher your income, the shorter the term of the loan.

The PTZ must be refunded:

- Either in 1 period only
- That is, in 2 periods, when there is a delay in repayment. During 1
^{re}period, that of the deferred, you do not refund your PTZ. This period may not be less than 2 years.

Only financial institutions **having signed an agreement with the State** (for example, a bank) may grant a PTZ.

Each institution shall evaluate **freely** your ability to repay a loan (called your *creditworthiness*) and your warranties.

The hotel is **not obligatory** to grant you the PTZ.

You must apply for the PTZ **in addition to at least 1 other loan**.

This may include one of the following loans:

- Social Accession Loan (SAP)
- Agreed loan
- "Classic" Bank Mortgage
- Home Savings Loan
- Supplementary loan

## Purchase of social housing

You can buy the social housing you live in, under certain conditions.

PTZ can be used to finance **in part** the purchase of this dwelling, with or without work.

The PTZ can also finance the simultaneous construction or purchase of outbuildings (garage, parking space...).

**Only one PTZ may be granted per real estate transaction**.

Your future home must become your main residence:

- At the latest 1 year after its purchase or completion of the work

**inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

To obtain a PTZ, the *amount of your income* shall not exceed one **maximum amount.**

The *amount of your income* match **the greater of:**

- Total cost of the operation to be financed TTC: titleContent divided by 9

The maximum amount not to exceed depends on the number of people housed and the municipality of your future accommodation.

A simulator makes it possible to know the area to which the municipality belongs:

#### How to estimate the amount of PTZ?

You can estimate the amount of your PTZ using this simulator:

Simulator - Zero Rate Loan (PTZ)

#### How to calculate the maximum amount of PTZ?

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a house, which will be inhabited by** 2 people**, located in a municipality in **zone C**and whose total cost of the operation to be financed (including VAT) is €163,000, on *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a dwelling that will be inhabited by 2 people, the family coefficient to be used is **1.5**.

For a *income amount* is €30,000, The income bracket is determined using the following calculation: €30,000/**1.5** = €20,000.

*income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a house whose municipality is in **zone C**, which will be inhabited by **2 people**, and the amount of which obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *correspondent is the **tranche 3**.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

*total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is €150,000, and belonging to the **tranche 3**, the maximum amount of the PTZ is €150,000 x 40% = €60,000

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

Example :

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25%= €12,500

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

The repayment term of the PTZ cannot **not to exceed 25 years**.

The repayment term depends on how much you earn. The higher your income, the shorter the term of the loan.

The PTZ must be refunded:

- Either in 1 period only
- That is, in 2 periods, when there is a delay in repayment. During 1
^{re}period, that of the deferred, you do not refund your PTZ. This period may not be less than 2 years.

Only financial institutions **having signed an agreement with the State** (for example, a bank) may grant a PTZ.

Each institution shall evaluate **freely** your ability to repay a loan (called your *creditworthiness*) and your warranties.

The hotel is **not obligatory** to grant you the PTZ.

You must apply for the PTZ **in addition to at least 1 other loan**.

This may include one of the following loans:

- Social Accession Loan (SAP)
- Agreed loan
- "Classic" Bank Mortgage
- Home Savings Loan
- Supplementary loan

## Conversion of premises into housing

The PTZ can finance **in part** the conversion of premises into housing (with or without purchase).

It can also finance the simultaneous construction or purchase of outbuildings (garage, parking space...).

It cannot be granted **only one PTZ per real estate transaction**.

**Your future home must become your primary residence** :

- At the latest 1 year after its purchase or completion of the work

**inhabit it at least 8 months of the year**. But a home that you occupy less than 8 months a year can still be considered your main residence, in one of the following cases:

- Force majeure
- Reason for health
- Obligation linked to the professional activity (regular travel, official accommodation...)
- Rental pending your retirement.

To obtain a PTZ, the *amount of your income* shall not exceed one **maximum amount.**

The *amount of your income* match **the greater of:**

- Total cost of the operation to be financed TTC: titleContent divided by 9

The maximum amount not to exceed depends on the number of people housed and the municipality of your future accommodation.

A simulator makes it possible to know the area to which the municipality belongs:

**You must not have owned your principal residence in the 2 years prior to the TTZ.**

However, this condition does not apply if you are in** at least one of the following** :

- You have either usufruct, or bare-ownership of your principal residence
- You or one of the occupants of the dwelling have a
*mobility card inclusion*marked*invalidity*, or a*disability card*of 2^{e}or 3^{e}category (absolute inability to work), or collect theAAH: titleContent or theAEEH: titleContent - A natural or technological disaster has made your home permanently uninhabitable. In this case, you must apply for a loan within 2 years of the publication of the order establishing the disaster.

FYI

If you have obtained a PTZ and are selling your home to buy a new one, you can request the transfer of your PTZ.

#### How to estimate the amount of PTZ?

You can estimate the amount of your PTZ using this simulator:

Simulator - Zero Rate Loan (PTZ)

#### How to calculate the maximum amount of PTZ?

The maximum amount of your PTZ is calculated from several information:

**1 ^{re} information: the total cost of the property transaction to be financed TTC: titleContent**

But that total cost, taken into account in determining the PTZ, is capped.

Here's the *maximum cost taken into account for the calculation of the PTZ* :

Example :

For a house, which will be inhabited by** 2 people**, located in a municipality in **zone C**and whose total cost of the operation to be financed (including VAT) is €163,000, on *total cost taken into account for the calculation of the PTZ* is €150,000.

Reminder

A simulator allows you to know the area of the municipality of your accommodation:

**2 ^{e} information: the amount of your income**

The *amount of your income* to be taken into account corresponds **the greater of:**

- Total cost of the real estate operation to be financed TTC: titleContent divided by 9

**3 ^{e} information: the income bracket to which you belong**

You can know the *income bracket* to which you belong, using the *amount of your income*.

To do this, you must divide the *amount of your income* by a *family coefficient*.

This family ratio depends on the number of people housed.

The family coefficients to be used are:

Example :

For a dwelling that will be inhabited by 2 people, the family coefficient to be used is **1.5**.

For a *income amount* is €30,000, The income bracket is determined using the following calculation: €30,000/**1.5** = €20,000.

*income bracket* to which you belong, you have to compare the amount obtained (by dividing the *amount of your income* by your *family coefficient*) to the following amounts. :

Example :

For a house whose municipality is in **zone C**, which will be inhabited by **2 people**, and the amount of which obtained by dividing the *amount of your income* by the *family coefficient* is €20,000, the *income bracket *correspondent is the **tranche 3**.

Using the *income bracket* so determined, you can know the **maximum amount of your PTZ**.

*total cost taken into account for the calculation of the PTZ* by a *percentage* which varies according to your *income bracket*.

Here are these *percentages* :

Example :

For a dwelling with *total cost taken into account for the calculation of the PTZ* is €150,000, and belonging to the **tranche 3**, the maximum amount of the PTZ is €150,000 x 40% = €60,000

**The amount of your PTZ** is in particular fixed **taking into account the maximum amount of the PTZ **thus determined, **and characteristics of other loans **to finance your real estate project.

Indeed, the amount of the PTZ must meet the following 2 conditions:

Example :

In this case, your PTZ amount must not exceed your other loan amount by more than €50,000 x 25%= €12,500

This means that if you have a personal contribution for your other loan:

- The amount of your other loan and your personal contribution must total €50,000
- The amount of your other loan must not be less than €50,000 - €12,500 = €37,500
- Your personal contribution can go as far as €12,500

The repayment term of the PTZ cannot **not to exceed 25 years**.

The PTZ must be refunded:

- Either in 1 period only
- That is, in 2 periods, when there is a delay in repayment. During 1
^{re}period, that of the deferred, you do not refund your PTZ. This period may not be less than 2 years.

**having signed an agreement with the State** (for example, a bank) may grant a PTZ.

**freely** your ability to repay a loan (called your *creditworthiness*) and your warranties.

The hotel is **not obligatory** to grant you the PTZ.

You must apply for the PTZ **in addition to at least 1 other loan**.

This may include one of the following loans:

- Social Accession Loan (SAP)
- Agreed loan
- "Classic" Bank Mortgage
- Home Savings Loan
- Supplementary loan

## Who can help me?

Find who can answer your questions in your region

Terms of the loan

Terms of the loan

Maintenance of the loan

Maintenance of the loan

Loan amount (deal amount and applicable rate)

Length of loan

Definition of a new building after completion of works (2° of 2 of I of Article 257)

To know the area of the municipality

To know the municipalities where you can benefit from a PTZ in the old with working conditions

Simulator

Document template

Ministry of Economy

Ministry responsible for the city

National Agency for Housing Information (Anil)

National Agency for Housing Information (Anil)

Ministry of Housing

General Directorate of Public Finance