Bank loans

Mortgage loans: what are the limits on the rate of usury as of July 1st?

Publié le 30 juin 2026 - Public Service / (Prime Minister)

Are you considering taking out a mortgage? Want to know how much the loan will cost you in addition to the amount borrowed? Discover the legal interest rate ceilings, applicable to a mortgage from 1er July.

Illustration

Usage rate is the maximum legal interest rate that credit institutions are allowed to charge when they grant you a loan. It is regulated by the Consumer Code and aims to protect borrowers.

One opinion of 26 june 2026 sets the wear thresholds applicable from 1er July. These thresholds vary depending on the amount, the duration of the loan and the type of loan (consumer credit, home loan, etc.). They were established by the Banque de France taking into account, for the various categories of credit, the average rates charged by credit institutions during the second quarter of 2026.

From 1er in july 2026, the maximum rate that banks can charge for a property purchase is set at:

  • 4.07% for fixed-rate loans with a maturity of less than 10 years;
  • 4.57% for fixed-rate loans with a maturity of between 10 years and less than 20 years;
  • 5.29% for fixed-rate loans of 20 years or more;
  • 5.28% for variable-rate loans;
  • 6.39% for bridge loans.

All wear rates, updated, are accessible on the Banque de France website.

The wear rate is reviewed quarterly. It concerns loans to individuals, associations and local authorities. For companies and individuals acting for their professional needs (individual entrepreneurs), only overdrafts on account are subject to a maximum rate.

Please note

The annual percentage rate of interest (TAEG) is the « all-inclusive » cost of your credit. It is expressed as an annual percentage of the amount borrowed. It includes the nominal interest rate (the rate used to calculate the interest on your loan) and the items that are a condition of obtaining the advertised credit, including:

  • administrative costs;
  • fees paid or payable to intermediaries involved in any way in the granting of the loan (e.g. broker);
  • compulsory insurance and guarantee costs.

The TAEG applied to your credit cannot exceed the rate of wear. The latter constitutes a threshold beyond which the TAEG would be regarded as abusive.

Additional topics

Agenda

See all due dates

Une remarque ?