The Zero Rate Loan (PTZ) from 1 April 2025: What you absolutely need to know

The zero interest loan (PTZ) is a device that allows first-time buyers to buy their main home without paying interest. Starting on April 1, 2025, this loan will undergo significant changes. It will be expanded to include more housing projects, making home ownership more accessible for many households. In this article, we're going to thoroughly explore the new PTZ modalities, its pros, cons, and everything you need to know to benefit from it.

Key points

• The PTZ is an interest-free real estate loan to help buy a primary residence.
• It is subject to resource conditions and ceilings depending on the geographical area.
• As of 1 April 2025, the PTZ finances all types of new housing, without zone restrictions.
• Borrowers must meet obligations, such as living in the home for at least six years.
• It is necessary to prepare a solid file to apply for a PTZ, including specific documents.
• The PTZ has been extended until 2027, making the device accessible to more households.
• Credit assessment criteria include income, debt ratio, and banking history.
• Comparing a purchase with and without PTZ can show significant savings and facilitate home ownership.

The main characteristics of a zero interest loan

The Zero Rate Loan (PTZ) is a really interesting device to help people become homeowners, especially if it's their first time. It's an interest-free loan, which can really ease the total cost of buying real estate. But be careful, there are rules to know and conditions to meet. We're going to see that together.

Definition of PTZ

The PTZ is a real estate loan supported by the State. It is intended for people who are buying their first primary residence. The idea is to give a financial boost without the borrower having to pay interest. It's a bit like the government lending you money for free. It cannot finance the entire purchase, it must be supplemented by other loans, such as a traditional home loan or a Social Accession Loan.

Refund conditions

PTZ reimbursement terms are quite flexible, but they depend on a number of factors. In particular, your income, the geographical area where the home is located, and the composition of your household. In short, the lower your income, the longer the repayment period can be. There is a deferred period, during which you don't repay anything and then the monthly payments start. It's a bit technical, but it allows you to adapt the repayment to your financial situation.

Maximum amount granted

The maximum amount of the PTZ also depends on the geographical area and your income. The zones are ranked from A to C, with A being the most tense areas (where prices are high) and C the least tense. The tighter the area, the higher the PTZ amount can be. There are limits that cannot be exceeded, and the amount granted cannot exceed a certain percentage of the total cost of the real estate transaction. It's a bit complicated, but it's important to fully understand this to know what you're entitled to.

Eligible housing types

Before, the PTZ was mainly intended for new homes. But as of April 1, 2025, the rules change a bit. The PTZ can finance new homes, but also old homes under construction conditions. This work must represent at least 25% of the total cost of the operation. The idea is to encourage the renovation of old homes and to make them more energy efficient. From 1 April 2025, the PTZ is again financing single-family homes and is expanding the area to the entire country for collective housing.

Repayment period

The repayment period for the PTZ varies. It depends on your income and the geographical area. It can range from 20 to 25 years, or even longer in some cases. There is a deferred period, during which you don't repay anything and then the monthly payments start. This deferred period can last several years, giving you time to settle in and stabilize your financial situation. This is a significant advantage.

Borrower insurance

As with any home loan, it is mandatory to take out borrower insurance for a PTZ. This insurance protects you in the event of death, disability, or job loss. Banks often offer their own insurance, but you have the right to choose another insurance, this is called insurance delegation. Do not hesitate to compare the offers to find the most advantageous one.

Resource criteria

Resource criteria are a key element in obtaining the PTZ. There are income limits that should not be exceeded, and these limits vary depending on the geographic area and the composition of your household. The incomes taken into account are those of the year N-2, i.e. the income of the year preceding the year in which the loan was requested. If you have incomes that vary a lot from year to year, it can be a bit complicated, but banks generally know how to manage that. Persons whose income for the year N-2 was not declared in France or in part was not declared in France but abroad must provide an income tax notice from the tax authorities of the country where this income was declared.

How the PTZ works

The Zero Interest Loan (PTZ) is a complex device, but essential for many first-time buyers. It is important to fully understand how it works in order to take full advantage of it. Here is a detailed overview.

Financing mechanism

The PTZ does not finance the entire purchase of real estate. It comes in addition to one or more other loans, like a traditional home loan. The state takes care of the interest, which significantly alleviates the total cost of credit for the borrower. This is a significant boost to becoming an owner.

Role of the State

The state plays a central role in the PTZ. It defines the eligibility conditions, the maximum amounts granted and the geographical areas concerned. It is he who compensates banks for interest not received, via a tax credit. Without the intervention of the State, the PTZ would not exist.

Granting conditions

The granting of a PTZ is subject to several conditions. The borrower must be a first-time buyer (not have owned their main residence in the last two years, with some exceptions). Its resources should not exceed certain limits, which vary according to the geographical area and the composition of the household. The unit must be the borrower's primary residence.

Application process

The PTZ request is made to an approved bank. A solid file must be established, with all the necessary supporting documents (income, family situation, real estate project, etc.). The bank studies the request and decides whether or not to grant the PTZ, based on the eligibility criteria and the solvency of the borrower.

Creditworthiness assessment

The bank assesses the borrower's ability to repay the PTZ, taking into account his income, expenses, debt ratio and personal contribution. She also checks her banking history. Good solvency is essential to obtain a PTZ.

Use of funds

PTZ funds must be used to finance the acquisition or construction of the main residence. They cannot be used to finance renovations (except in certain specific cases) or the purchase of a second home.

Borrower obligations

The borrower has several obligations after obtaining a PTZ. He must occupy the unit as his main residence for a minimum period of time (generally six years). It must meet the repayment deadlines. In the event of the resale of the home, he may be required to repay the PTZ in advance.

The PTZ is a valuable tool for accessing property, but it is important to fully understand its rules and constraints. Good preparation and a solid file are essential to maximize your chances of getting a PTZ.

Here is a summary table of the main steps of the PTZ:

| Step | Description the following items are a list of obligations to respect after obtaining a PTZ: - Use as primary residence - Minimum duration of residence - Resale conditions - Repayment obligations - Consequences of non-compliance - Consequences of non-compliance - Consequences of non-compliance - Monitoring by financial institutions - Impact on real estate credit

Amount and duration of the PTZ from 1 April 2025

Funding ceilings

The amount of PTZ is calculated by applying a percentage to the total cost of the real estate transaction, whether it is a construction or a purchase (including negotiation fees). However, this cost is subject to ceilings, which vary according to the geographical area and the composition of the household. These limits are crucial because they determine the maximum amount you can borrow with the PTZ.

Standard repayment term

The repayment period for the PTZ varies. It is determined according to your income, the geographical area where the home is located, and the composition of your household. The lower your income, the longer the repayment period can be. It is important to note that the PTZ has a deferred repayment period, during which you do not pay interest or principal.

Adjustments by zone

The geographical areas (A, B1, B2, and C) play a decisive role in calculating the amount and duration of the PTZ. Zones A and B1, which are considered to be the most tense, benefit from higher financing ceilings and potentially longer repayment terms. These adjustments aim to facilitate home ownership in areas where the real estate market is the most dynamic.

Impact of revenue on the amount

Your income is a determining factor in calculating the amount of PTZ you are eligible for. The income limits are revised regularly to take into account the evolution of the real estate market and economic conditions. It is therefore essential to check if you meet the income conditions in force at the time of your request.

Specific conditions for families

Large families or those with dependants can benefit from specific conditions for the PTZ. These conditions may result in higher income ceilings or longer repayment terms. The aim is to take into account the greater financial burdens borne by these families.

Evolution of amounts since 2023

The PTZ amounts have changed significantly since 2023. The aim of these developments is to adapt the system to the realities of the real estate market and to make it more accessible to modest households and middle classes. It is therefore important to stay up to date with the latest changes to the PTZ.

Comparison with traditional loans

PTZ differs from traditional loans by its absence of interest and by the possibility of benefiting from a deferred repayment period. However, it can only finance part of the real estate transaction and must be completed by one or more other loans. It is therefore essential to compare the various financing options available in order to choose the most appropriate solution for your situation.

The PTZ is a valuable tool for first-time buyers, but it is important to fully understand its terms and conditions and compare it with other financing options available. Good preparation and a thorough analysis of your financial situation are essential to successfully complete your real estate project.

Here are a few things to remember:

• Funding limits vary according to the area and composition of the household.
• The repayment period is adjusted according to your income.
• Large families can benefit from specific conditions.

Eligibility requirements for an interest-free loan

First-time buyer criteria

The Zero Rate Loan (PTZ) is mainly intended for first-time buyers. This means that, in general, you must not have owned your primary residence in the two years prior to applying for a loan. This condition is carefully checked by financial institutions. However, there are exceptions, in particular for people with disabilities or receiving certain benefits. It is therefore important to check whether you fall into one of these specific categories.

Resource ceilings

PTZ eligibility is also subject to resource ceilings. These ceilings vary according to the geographic area where the home is located and the composition of your household. The revenues taken into account are generally those of the year N-2 (i.e. 2023 for a request in 2025). It is therefore essential to be well aware of the limits applicable to your situation in order to know if you are eligible.

Geographic conditions

The PTZ is applicable to certain geographical areas, defined according to the tension in the real estate market. These zones are classified into different categories (A bis, A, A, A, B1, B2 and C), with zones A bis and A being the most extensive. The eligibility conditions and the amounts granted may vary depending on the zone. As of 1 April 2025, the PTZ is again financing single-family homes and is expanding the area to the entire country for collective housing. It is therefore important to check in which zone the property you want to acquire is located.

Eligible project types

The PTZ can finance various types of real estate projects, in particular the purchase of a new home or the purchase of an old home with work. In the case of old housing, the work must represent at least 25% of the total cost of the operation. The PTZ can also finance the construction of a single-family house in certain areas. It is important to clearly define your project to check its eligibility for the PTZ.

Exceptions for some profiles

As mentioned earlier, some exceptions exist for people with disabilities or receiving certain benefits. For example, people who hold a mobility inclusion card marked “disability” or receive a disability pension may be exempt from the first-time accession condition. These exceptions are intended to facilitate home ownership for the most vulnerable people.

Required documents

To prepare your PTZ application, you will need to provide a number of documents, including:

• An identity document
• A proof of address
• Your tax notices for the last two years
• A proof of your income
• The real estate sales agreement
• Work estimates (if applicable)

Assessment by the bank

Finally, your PTZ request will be submitted for evaluation by the bank. This will check your solvency and your ability to repay the loan. It will take into account your income, your expenses, your debt ratio and your personal contribution. The agreement of the bank is essential to obtain the PTZ. It is therefore important to prepare your file well and to choose a bank that offers PTZ and that matches your profile. For more information, you can consult our fact sheet on the subject.

It is important to note that the PTZ cannot finance all of your real estate purchase. You will therefore have to use one or more other loans (classic bank loan, home savings loan, social security loan, etc.).

Steps to get a PTZ

Obtaining a Zero Rate Loan (PTZ) is a process that requires preparation and rigor. It is important to follow each step carefully to maximize your chances of approval. Here's a detailed guide to the steps you need to take.

Preparing the file

The first step is to gather all the necessary documents. A complete and well-prepared file is essential to facilitate the evaluation of your application. Make sure you have the following documents:

• ID
• Proof of income (tax notice, pay slips)
• Proof of address
• Sales agreement or reservation contract
• Proof of personal contribution

It is crucial to check your eligibility before starting to compile your application. The eligibility criteria include your income, the composition of your household and the geographical area of the property. An online simulation can help you assess your situation.

Bank choice

It is advisable to compare offers from several banks before submitting your request. Not all banks offer PTZ, and conditions may vary. Find out about the interest rates for complementary loans, the application fees and the insurance offered. Do not hesitate to call on a broker to help you in this process. He will be able to advise you and guide you to the establishments most suited to your profile. A broker can help you find the best grant conditions.

Submission of the request

Once you have chosen the bank, you can submit your PTZ request. Submit your complete file to the chosen institution. Make sure you have a copy of all of the documents provided. The bank will acknowledge receipt of your request and provide you with a file number.

Creditworthiness assessment

The bank will carry out an assessment of your solvency. It will analyze your income, your expenses, your gearing and your banking history. This assessment will determine your ability to repay the loan. The bank may ask you for additional information if necessary.

Signature of the loan offer

If your request is accepted, the bank will send you a loan offer. Take the time to read all the terms and conditions of the offer carefully before signing it. You have a cooling-off period of at least 10 days before you can accept the offer. If you accept the offer, you will need to return it signed to the bank.

Use of funds

The PTZ funds will be released when the bill of sale is signed at the notary. They will be paid directly to the seller or to the manufacturer. Ensure that the funds are available by the due date.

Obligations monitoring

After obtaining the PTZ, you must meet certain obligations. In particular, you must use the home as your main residence within one year after the completion of the work or the acquisition. You must also keep this main residence for a minimum of six years, with some exceptions. Failure to comply with these obligations may result in the early repayment of the PTZ.

Advantages and disadvantages of PTZ

Like any financial device, the Zero Interest Loan (PTZ) has significant advantages, but also disadvantages that are important to consider before making a commitment. A thorough analysis of these aspects will allow you to determine if the PTZ really corresponds to your situation and needs.

Financial benefits

The main advantage of the PTZ is the absence of interests. This means that you only repay the capital you have borrowed, which considerably reduces the total cost of your mortgage. In addition, the PTZ is generally granted without application fees or expertise fees, which further alleviates the initial financial burden. It is a Real estate loan really interesting.

• Absence of interests
• No administrative fees
• No expertise fees

Home ownership assistance

The PTZ is designed to facilitate home ownership, especially for first-time buyers. It makes it possible to finance part of the purchase of a new or old home with work, and can be combined with other loans, such as the conventional loan or the home savings loan. The PTZ can finance up to 50% of the price of a new apartment. It promotes access to housing for all.

Relaxed grant conditions

Although subject to resource conditions, the PTZ benefits from relatively flexible grant conditions, in particular with regard to the eligibility criteria and the amounts granted. The repayment options are very comfortable since you repay according to your income, and in 2 successive periods (deferred period then repayment period).

Potential drawbacks

One of the main disadvantages of PTZ is that it cannot be granted alone. It must be supplemented by another mortgage, which can complicate the financial package and increase the total cost of the operation. In addition, borrower insurance is not included in the PTZ, which is an additional burden for the borrower.

Long-term bonds

The PTZ is subject to certain long-term obligations, including the obligation to use the unit as a primary residence for a minimum period of time. It will not be possible to rent a property financed with a PTZ for a period of at least 6 years, the device being reserved for home ownership assistance.

Funding limits

The amount of the PTZ is capped according to the geographical area of the home and the number of people in the household. This ceiling may prove to be insufficient to finance the entire acquisition, especially in areas where real estate prices are high. It is therefore important to carefully assess your financing needs before applying for a PTZ.

Comparison with other loans

It is essential to compare PTZ with other types of real estate loans in order to determine the most appropriate solution for your situation. The PTZ has the advantage of being interest-free, but it is subject to eligibility conditions and funding ceilings. Other loans, such as a conventional loan or a social accession loan, may offer more advantageous conditions in some cases. For a rental investment, turn to another type of financing.

The PTZ is a valuable tool for facilitating home ownership, but it's important to fully understand the pros and cons before making a commitment. An in-depth analysis of your financial situation and your financing needs will allow you to determine if the PTZ is the most suitable solution for your real estate project.

Differences between PTZ, PTZ+, and eco-PTZ

Definitions of the various loans

It is important to clearly distinguish Zero Rate Loan (PTZ), PTZ+ and eco-PTZ, as they serve different purposes and are aimed at different audiences. The PTZ is intended to help first-time buyers acquire their main residence, while the eco-PTZ is specifically designed to finance construction works of energy renovation. The PTZ+ was an improved version of the PTZ, but it is no longer in force today.

Specific conditions for each loan

Eligibility requirements vary considerably from loan to loan. The PTZ is subject to resource ceilings and primary accession criteria. The eco-PTZ, on the other hand, is conditional on the carrying out of work to improve the energy performance of housing. It is crucial to carefully check the specific criteria for each loan before applying.

Amounts and durations

Repayment amounts and terms also differ. The PTZ is capped according to the geographical area and the number of people in the household. The eco-PTZ, for its part, is limited to the cost of energy renovation work, with reimbursement periods adapted to the nature of the work. It is important to note that the PTZ cannot finance the entirety of a real estate project.

Target audience

The PTZ is mainly aimed at first-time buyers, i.e. people who have not owned their main residence in the last two years. The eco-PTZ is aimed at all owners, occupants or lessors, wishing to carry out energy renovation work in their homes.

Benefits of each type

Each loan has specific benefits. The PTZ makes it possible to reduce the total cost of a real estate purchase by eliminating interest. The eco-PTZ facilitates the carrying out of energy renovation works, thus contributing to the reduction of energy expenses and the improvement of housing comfort.

Evolution of devices

The systems evolve regularly to adapt to market needs and public policies. It is therefore essential to keep up to date with the latest changes and new eligibility conditions. For example, the PTZ reimbursement has changed over the years.

Choosing the right loan

Choosing the most suitable loan depends on your personal situation and your project. If you are a first-time buyer and want to buy your main residence, PTZ can be an interesting option. If you want to carry out energy renovation work, the eco-PTZ is more appropriate. It is advisable to compare the different options and to be accompanied by a professional to make the best choice.

It is important to note that PTZ cannot be granted alone. It must be combined with another real estate loan, such as a conventional loan or a traditional bank loan. This need for an additional loan may represent a constraint for some borrowers.

Here is a simplified comparison chart:

There are other types of assisted loans such as Real estate loan at zero rate.

The extension of the zero interest loan until 2027

The government has confirmed the extension of the Zero Rate Loan (PTZ) until 2027. This is great news for first-time buyers and those looking to acquire their main residence. This extension is accompanied by some adjustments, in particular in terms of eligibility conditions and the amount that can be financed.

Background of the extension

The decision to extend the PTZ until 2027 is part of a desire to support home ownership, especially for households with modest incomes. The government thus wishes to boost the real estate market and encourage the construction of new homes in tense areas. It must be said that the Sales agreement is an essential document.

Impact on borrowers

The extension of the PTZ provides an additional opportunity for potential borrowers. It allows you to benefit from an interest-free loan, which considerably reduces the total cost of real estate acquisition. In addition, the eligibility conditions have been relaxed, making the system accessible to a greater number of people.

New eligibility conditions

The new PTZ eligibility requirements take into account several factors, such as household income, the geographical area of the property and family composition. The resource ceilings were raised for the first time since 2016, allowing more households to qualify for the loan.

Expansion of eligible areas

Another important change is the expansion of the areas eligible for the PTZ. New municipalities have been integrated into tense areas, where there is a strong demand for housing. This means that more people can benefit from the PTZ to acquire a property in these areas.

Reactions from professionals

The extension of the PTZ was welcomed by professionals in the real estate sector. They believe that this system is an effective tool to support home ownership and boost the construction of new homes. However, some highlight the need to simplify administrative procedures to facilitate access to the PTZ.

Forecasts for the real estate market

The extension of the PTZ should have a positive impact on the real estate market. It could stimulate demand for new homes and help stabilize prices, especially in tense areas. Experts believe that the PTZ will remain a key element of the real estate market in the years to come.

Importance for first-time buyers

The PTZ is particularly important for first-time buyers, who often have difficulty in building up a sufficient personal contribution. This interest-free loan allows them to realize their real estate acquisition project and to become owners of their main residence.

The extension of the PTZ until 2027 is a positive measure for home ownership. It offers an opportunity for households with modest incomes to become homeowners and contributes to boosting the real estate market. It is important to find out about the eligibility conditions and to prepare your file carefully to maximize your chances of obtaining the loan.

Here are a few key things to remember:

• Extended until 2027.
• Relaxation of eligibility conditions.
• Expansion of eligible areas.

Obligations to be respected after obtaining the PTZ

Once you have the chance to get a Zero Rate Loan (PTZ), it is gist to fully understand and to respect the obligations arising from them. Failure to comply with these conditions may result in the loss of the benefits associated with this loan. Here is an overview of the main obligations to consider:

Use as a primary residence

One of the fundamental conditions is that the housing financed through the PTZ must become your main residence. You must occupy it within a maximum of one year after the end of the work or the acquisition of the property. This is an obligation that should not be taken lightly, as it justifies the granting of this assisted loan.

Minimum length of residence

Not only do you have to occupy the unit as your primary residence, but you must also do so on an ongoing basis for a minimum amount of time. Generally, this period is six years. Exceptions may exist in the event of force majeure or professional transfer, but they must be justified to the lending institution.

Resale conditions

If you plan to resell the home before the end of the restriction period (usually six years), you will, in most cases, have to repay the PTZ balance. There are exceptions, especially in the event of a sale for exceptional reasons recognized by law. It is therefore important to be well informed before making a resale decision.

Repayment obligations

Although PTZ is an interest-free loan, it must be repaid according to the terms agreed with the lending institution. Failure to meet repayment deadlines may result in penalties and, in the most serious cases, the seizure of the property.

Consequences of non-compliance

Failure to comply with PTZ obligations can have significant financial consequences. The lending institution may require early repayment of the loan, which can put the borrower in a difficult financial situation. It is therefore crucial to scrupulously respect the conditions of the PTZ.

Followed by financial institutions

Financial institutions regularly monitor the PTZ they have granted. They can ask for proof of address, tax notices, or any other document to verify that the borrower meets his obligations. It is therefore important to keep all documents relating to the PTZ and to respond to requests from the lending institution.

Impact on real estate credit

Respecting PTZ obligations has a positive impact on your mortgage. A borrower who meets their commitments is considered to be a reliable borrower, which can make it easier to obtain future home loans. Conversely, non-compliance with obligations can lead to difficulties in obtaining new loans.

It is important to note that the obligations associated with the PTZ aim to ensure that this assisted loan really benefits the people who need it and that it contributes to facilitating home ownership for first-time buyers. Respecting these obligations is therefore a question of responsibility to the community.

Solvency criteria assessed by financial institutions

Stable and regular earnings

Financial institutions will monitor your income. They want to make sure that you have a reliable source of income. A stable job with consistent earnings is a major asset. Banks often look at the last two to three years to see if your earnings have been stable or increasing. Irregular earnings, such as that of self-employed individuals, can be examined more closely. Stability is the key word.

Debt ratio

The debt ratio is a key indicator. It represents the portion of your monthly income spent on repaying your loans. Generally, banks do not like to exceed a debt ratio of 35% after the PTZ is granted. If you already have a lot of credits, it can be a challenge to get the PTZ. It is therefore important to manage your finances well before applying.

Personal contribution

Personal support, even modest, is always appreciated. It shows your ability to save and your commitment to the real estate project. The contribution can come from your savings, an inheritance or a donation. The more important your contribution is, the more reassuring you are to the bank. It can also allow you to get a better rate for the rest of your loan.

Banking history

Your banking history has been screened. Banks check if you have had payment incidents, large overdrafts, or chargebacks. An unblemished banking history is a positive sign. If you have had problems in the past, try to resolve them before applying for a PTZ. Good banking behavior is essential.

Fixed expenses

Fixed expenses are all the regular expenses that you have to pay each month: rent, loans, insurance, etc. Banks assess whether your fixed expenses are compatible with your income. If your expenses are too high compared to your income, this can be a problem. It is important to list all your expenses and to assess them accurately.

Risk assessment

Banks assess the risks associated with your profile. They take into account your age, your family situation, your profession and the geographical area where you want to buy. Some profiles are considered riskier than others. For example, a young person without a stable job may have more difficulty getting a PTZ than a couple with a comfortable income.

Impact on the granting of the PTZ

All these criteria are taken into account when deciding whether or not the bank grants you the PTZ. If your profile is deemed too risky, the bank may refuse your request. It is therefore important to prepare your file well and to put all the chances on your side. Do not hesitate to ask for advice from a broker or financial advisor to help you in your efforts.

It is important to note that each bank has its own evaluation criteria. What is acceptable for one bank may not be acceptable for another. It is therefore advisable to compare the offers of several establishments before making your choice.

Buying with PTZ versus buying without PTZ

Cost comparison

The acquisition of real estate represents a significant investment, and the choice of financing is decisive. Buying with a Zero Rate Loan (PTZ) can significantly reduce the total cost of the transaction, especially for first-time buyers. The PTZ makes it possible to finance part of the acquisition without interest, thus reducing the overall financial burden. However, it is essential to compare total costs, including ancillary costs, in both scenarios.

Impact on the family budget

The impact on the family budget is a central element to consider. A PTZ, by reducing the amount of interest to be repaid, can free up a significant portion of the monthly budget. This can allow families to better manage their current expenses or to invest in other projects. The absence of monthly payments during the deferred period is a significant advantage, offering financial breathing at the start of the real estate project.

Benefits of PTZ

The PTZ offers several notable advantages:

• No interest: Reduction in the total cost of credit.
• Deferred period: Reduction of monthly payments at the start of the loan.
• Facilitating accession: Help for first-time buyers.

The PTZ is a valuable tool for households with modest incomes, allowing them to access home ownership more easily. It is important to properly assess your eligibility and to understand the conditions for granting.

Buying scenarios

It is relevant to analyze different purchasing scenarios to assess the impact of PTZ. For example, let's compare two situations:

• Purchase with PTZ: A first-time buyer couple buys a new apartment in zone B1. They benefit from a PTZ of €80,000. The rest of the financing is provided by a conventional loan.
• Purchase without PTZ: The same couple buys the same apartment, but without PTZ. They therefore have to borrow a larger amount from the bank.

Economy achieved

The savings achieved with PTZ can be substantial. It depends on the amount of the PTZ, the term of the loan and the interest rates on the market. In general, the savings amount to several thousand euros, or even more, over the total term of the loan. Here is a simplified example:

Concrete examples

Let's take the example of a couple with two children who want to buy a house in zone B2. The price of the property is €250,000. The couple is eligible for a PTZ of €100,000. Without the PTZ, they would have to borrow €250,000 from the bank, which would significantly increase their monthly payments and the total cost of credit. With the PTZ, their financial burden is lightened, and they can carry out their real estate project more calmly.

Risk analysis

It is crucial to analyze the risks associated with each scenario. With a PTZ, the main risk is related to non-compliance with the eligibility conditions, which could result in the loss of loan benefit. Without PTZ, the risk is linked to the ability to repay the loan, especially in the event of financial difficulties. A rigorous assessment of one's financial situation is therefore essential in both cases.

Impact of PTZ on the real estate market

Influence on prices

The Zero Rate Loan (PTZ) has a significant influence on real estate market prices. By facilitating access to property for first-time buyers, it can stimulate demand, especially in eligible areas. However, this increase in demand can also put upward pressure on prices, especially if housing supply does not keep up with the same pace. It is therefore essential to monitor the balance between supply and demand to avoid a surge in prices that would make homeownership even more difficult for some.

Supply and demand dynamics

PTZ is changing the dynamics of housing supply and demand. By making buying more accessible, it encourages more people to become homeowners, increasing demand. Real estate builders and developers must then adapt to this increased demand, by offering homes that correspond to the PTZ eligibility criteria and the needs of first-time buyers. An imbalance between supply and demand can lead to market tensions, with longer construction times and higher prices.

Role in new construction

The PTZ plays an important role in the new construction sector. Indeed, it encourages first-time buyers to buy new homes, which stimulates the activity of builders and real estate developers. In addition, the PTZ eligibility criteria, which promote housing that meets certain environmental standards, encourage the construction of more sustainable and energy-efficient buildings. This contributes to modernising the housing stock and reducing the environmental footprint of the sector.

Evolution of tense areas

The classification of geographical areas eligible for PTZ (A, B1, B2, C) has a direct impact on the local real estate market. So-called “tense” areas (A and B1), where demand is high and supply is limited, generally benefit from higher PTZ amounts, which can increase price pressure. The evolution of these areas, with possible reclassifications, may change the attractiveness of certain municipalities and influence the purchasing decisions of first-time buyers. It is therefore important to follow these developments closely to anticipate market trends.

Reactions from real estate developers

Real estate developers are responding to changes in the PTZ by adapting their offers to the eligibility criteria and needs of first-time buyers. They can thus offer housing that is smaller, more affordable, or located in specific geographical areas to meet demand. In addition, they can set up partnerships with banks to make it easier for their customers to obtain the PTZ. The ability of developers to adapt to PTZ developments is a key success factor in the real estate market.

Perspectives for investors

PTZ can also influence the decisions of real estate investors. By stimulating demand for new homes, it can make investments in this sector more attractive. However, investors should also take into account the PTZ eligibility criteria and the geographical areas concerned to optimize their returns. A good knowledge of the PTZ system is therefore essential in order to make informed investment decisions.

Trend analysis

The impact of PTZ on the real estate market requires constant analysis of trends. It is important to follow the evolution of prices, demand, supply, as well as the reactions of the various market players (manufacturers, developers, investors). This analysis makes it possible to anticipate future developments and to adapt public policies to promote equitable access to property and the harmonious development of the real estate market.

The PTZ, although a valuable tool for home ownership, requires careful management to avoid perverse effects such as real estate speculation or the creation of price bubbles. Coordination between the various players in the market is essential to guarantee its effectiveness and sustainability.

The areas eligible for the PTZ

Definition of zones

The areas eligible for the Zero Interest Loan (PTZ) are defined by the State in order to target home ownership assistance in sectors where demand is high and supply is insufficient. These areas are classified according to the level of tension in the real estate market, ranging from zone A (the most tense) to zone C (the least tense), with an intermediate zone B1 and B2. This classification makes it possible to adjust the eligibility criteria and the PTZ amounts according to local specificities. It is important to fully understand this Classification of zones to find out if your real estate project is eligible for the PTZ.

Classification criteria

The classification of areas is based on several criteria, including:

• Real estate prices (prices per square meter).
• The rents charged.
• The level of market tension (relationship between housing supply and demand).
• Demographic perspectives.

These criteria are regularly reassessed by the State to adapt zoning to changes in the real estate market. Municipalities are thus periodically reclassified, which may have an impact on PTZ eligibility. It is therefore essential to check the area of the municipality where you want to buy before applying for a loan.

Evolution of areas since 2023

Since 2023, PTZ zoning has undergone significant changes, with a refocusing of the system on the most tense areas (A, A bis and B1) and rural areas. These changes aim to better target aid to households that need it most and to support the construction of new homes in areas where demand is high. It is therefore important to keep up to date with the latest zoning changes to find out if your project is eligible for the PTZ.

Impact on home ownership

The location of the property has a direct impact on home ownership thanks to the PTZ. Indeed, the resource ceilings and the loan amounts granted vary according to the area. Tighter areas generally benefit from higher resource ceilings and larger loan amounts, in order to account for higher real estate prices. It is therefore easier to access property with a PTZ in tense areas, but the competition is also stronger there.

Rural versus urban areas

The PTZ promotes home ownership in rural areas, where real estate prices are more affordable and housing demand is lower. Rural areas benefit from specific eligibility conditions, with adapted resource ceilings and larger loan amounts. This allows modest households to become homeowners in these areas and to revitalize rural territories. However, it is important to note that PTZ is also accessible in urban areas, especially in priority city policy neighborhoods.

Examples of eligible municipalities

It is difficult to give an exhaustive list of municipalities eligible for the PTZ, as zoning is regularly updated. However, you can consult the website of the National Agency for Housing Information (ANIL) or the website of the Ministry of Ecological Transition and Territorial Cohesion to find out which municipalities are eligible in your region. You can also ask your bank or a mortgage broker.

Importance of location

Location is a decisive criterion for benefiting from PTZ. It is therefore essential to choose the right municipality where you want to buy your home. Consider zoning criteria, real estate prices, rental rates, and demographic prospects. Do not hesitate to be accompanied by a real estate professional to help you make the right choice. A good location can allow you to benefit from a greater PTZ and to carry out your real estate project in the best conditions.

It is important to note that the PTZ is a complementary loan, which must be combined with another real estate loan (conventional loan, home savings loan, etc.). The amount of the PTZ is capped and cannot finance your entire real estate project. It is therefore essential to properly assess your borrowing capacity and to plan for a personal contribution.

The new PTZ modalities in 2025

Major changes

As of April 1, 2025, the Zero Rate Loan (PTZ) is undergoing significant transformations. These changes aim to make the system more accessible and more adapted to the needs of first-time buyers. There is a desire to broaden the eligibility criteria and to adapt the amounts to the realities of the current real estate market. These changes are a response to the persistent challenges of home ownership, especially for young households and people with modest incomes. It is important to fully understand these developments in order to be able to take full advantage of them.

Expanding the criteria

The PTZ eligibility criteria have been revised to include a greater number of households. Les income limits have been increased, thus allowing a larger part of the population to qualify for this subsidized loan. In addition, a new income bracket has been created, targeting middle classes who were previously excluded from the system. This measure aims to support home ownership for those who are just above the old thresholds. The aim is to make the PTZ more inclusive and to better meet the needs of different borrower profiles.

Impact on first-time buyers

The expansion of the criteria and the increase in the PTZ amounts will have a positive impact on first-time buyers. These new modalities facilitate access to home ownership for those who could not have been eligible before. By increasing the portion of financing that can be covered by the PTZ, first-time buyers can reduce their overall need for loans and thus reduce their monthly payments. This represents a significant opportunity for young households and people with modest incomes to carry out their real estate acquisition project.

Reactions from market players

Professionals in the real estate sector welcomed the new PTZ modalities. They believe that these changes will boost the market and encourage the construction of new homes. Real estate developers are optimistic about the increase in demand, especially in tense areas. Banks, for their part, are preparing to support future borrowers by offering them adapted loan offers. All market players agree that the renovated PTZ is an essential tool to support home ownership and relaunch construction.

Comparison with the old modalities

The new PTZ modalities have significant advantages over the old ones. Here is a comparison chart:

The changes made to the PTZ in 2025 represent a significant advance for homeownership. The increase in income ceilings, the expansion of eligible areas and the simplification of administrative procedures make this assisted loan more attractive and more accessible. It is essential to stay informed of these developments in order to be able to take full advantage of them.

Anticipations for the future

Experts anticipate a positive impact of the new PTZ modalities on the real estate market. They expect new home sales to increase, especially in tense areas. Expanding eligibility criteria should also promote home ownership for young households and people with modest incomes. However, some warn of a possible rise in prices, due to increased demand. It will therefore be important to follow the evolution of the market closely in the coming months.

Evaluation of the results

It is still too early to fully assess the results of the new PTZ modalities. However, the initial indicators are encouraging. Loan requests are on the rise, and real estate professionals are optimistic. A comprehensive assessment will be carried out in the coming months in order to measure the real impact of these changes on home ownership and the real estate market. This assessment will make it possible to adjust the system if necessary and to guarantee its long-term effectiveness. For more information on new homes eligible, consult the real estate ads.

The role of the state in the PTZ

Grants and grants

The State plays a role central in the Zero Interest Loan (PTZ) system by providing direct grants. These grants cover the interest that banks do not receive on these loans. It is a significant investment that makes home ownership easier for many households. Without this intervention, the PTZ would simply not exist.

Supervision of conditions

The State defines and regulates the conditions for eligibility for the PTZ. This includes resource ceilings, eligible geographic areas, and the types of housing concerned. These rules are regularly updated to adapt to changes in the real estate market and to the needs of populations. For example, income ceilings were increased in 2024, allowing more households to benefit from them.

Impact on the real estate market

The PTZ has a direct impact on the real estate market. By stimulating the demand for new housing, it encourages construction and supports the economic activity of the sector. However, it can also influence prices, especially in tense areas. The State must therefore take care to balance the effects of the PTZ to avoid overheating the market.

Regulations in force

PTZ regulations are updated regularly by the state. These updates may concern the eligibility conditions, the maximum amounts granted, or the terms of reimbursement. It is therefore essential to keep up to date with the latest developments in order to take full advantage of the system. Les Transfer tax are an example of fees to consider.

Evaluation of public policies

The state regularly assesses the effectiveness of PTZ and its impact on home ownership. These evaluations make it possible to adjust the system to better meet the needs of households and the challenges of the real estate market. The results of these evaluations are often published and available to the public.

Partnerships with banks

The state is working in close partnership with banks to implement the PTZ. Banks are responsible for distributing loans and managing repayments. The State, for its part, compensates the interest not received by the banks via a tax credit. This public-private partnership is essential for the proper functioning of the system.

Development perspectives

The prospects for the evolution of the PTZ depend on political orientations and the challenges of the real estate market. The government has extended the PTZ until 2027, with planned adjustments. It is likely that new changes will be made in the years to come to adapt the system to the realities on the ground.

The State plays a decisive role in the PTZ, not only by providing financial support, but also by framing the conditions and evaluating the impact of the scheme. Its action is essential to promote home ownership and support the real estate market.

Alternatives to PTZ

The Zero Rate Loan (PTZ) is a valuable aid, but it is not the only option to finance your real estate project. There are other solutions, each with its own pros and cons. It is important to know them well in order to make the most appropriate choice for your situation.

Other real estate loans

Beyond PTZ, the market offers a variety of classic real estate loans. These loans, often offered by banks, can be at a fixed or variable rate. The choice will depend on your profile and your risk aversion. Fixed rates offer security, while variable rates may be more beneficial if interest rates fall.

Local and regional aid

Many local authorities offer financial aid to facilitate home ownership. This assistance may take the form of loans at reduced rates, grants or guarantees. He is gist to inquire with your town hall, your departmental or regional council to find out what systems exist.

Conventional loans

Conventional loans (PCs) are real estate loans granted by financial institutions that have entered into an agreement with the State. They allow you to benefit from Personalized Housing Assistance (APL). The conditions for granting loans are generally more flexible than those for traditional loans.

Social accession schemes

Several schemes aim to promote social access to home ownership, such as the Real Solidarity Lease (BRS). This device makes it possible to separate land from buildings, thus reducing the acquisition cost. It is an attractive option for households with modest incomes.

Comparison of conditions

It is crucial to carefully compare the terms of each type of financing before making a decision. Here is a simplified comparison chart:

Advantages and disadvantages

Each PTZ alternative has advantages and disadvantages that should be carefully weighed. Traditional loans offer greater flexibility in terms of amount, but involve interest. Local aid can be combined, but is often subject to specific conditions. Social insurance schemes can reduce the cost of acquisition, but may also involve resale constraints.

Appropriate financing choice

The choice of the most suitable financing depends on your personal situation, your income, your personal contribution and your real estate project. Do not hesitate to seek the advice of several professionals (bankers, brokers, financial advisers) to obtain personalized support.

It's important to take the time to study all of the options available and to simulate different scenarios before you commit. An informed choice will allow you to carry out your real estate project in the best possible conditions.

Mistakes to avoid when applying for PTZ

Missing documents

The constitution of a complete file is Essential for a successful PTZ request. Omitting documents can cause delays or even a rejection of your request. Be sure to provide all the supporting documents requested, such as your tax returns, proof of income, identity documents, and sales agreement. An incomplete file is often the first cause of refusal.

Poor creditworthiness assessment

It is imperative to accurately assess your repayment capacity before submitting your PTZ application. Overestimating your income or underestimating your expenses can lead to over-indebtedness and future financial difficulties. Use online simulators to get a realistic estimate of your borrowing capacity.

Inappropriate bank choice

Not all banks offer PTZ, and those that do may have different grant policies. Ask several banking institutions to compare their offers and choose the one that best fits your profile and your project. Do not hesitate to call on a broker to help you in this process.

Non-compliance with obligations

The PTZ is subject to certain obligations, such as occupying the home as a main residence and complying with resource limits throughout the term of the loan. Failure to meet these obligations may result in the early repayment of the PTZ. Make sure you understand all the terms and conditions before you commit.

Wrong cost estimate

It is crucial to accurately estimate the total cost of your real estate project, including not only the purchase price of the home, but also notary fees, warranty fees, possible work, and insurance. A poor cost estimate can cause you to borrow too little or end up in financial difficulty.

Ignore eligibility requirements

The PTZ is subject to strict eligibility conditions, in particular in terms of income, family situation, and location of the property. Before submitting your request, carefully check that you meet all the requirements. Failure to take these conditions into account may result in your request being refused.

Consequences of a refused request

A refusal of a PTZ can have significant consequences on your real estate project. It may require you to review your budget, seek another type of financing, or even abandon your project. It is therefore important to prepare your application well and to avoid the mistakes mentioned above.

It is important to note that a refused PTZ request is not inevitable. You can always try your luck again by correcting the mistakes that led to the refusal, or by turning to other financing solutions. Talk to your bank advisor.

Real estate market trends in connection with the PTZ

Price trends

The Zero Rate Loan (PTZ) has a significant influence on the evolution of real estate prices, especially in eligible areas. Increased demand, driven by increased accessibility to finance, may result in a Rising prices, especially for properties targeted by first-time buyers. It is important to monitor this dynamic to anticipate market opportunities and challenges.

Demand for new homes

The PTZ strongly encourages the demand for new housing, as it is often more advantageous for this type of property. Real estate developers are adapting their offers to meet this demand, which may lead to an increase in the construction of new homes in some regions. This trend is beneficial for the building sector and contributes to the modernization of the housing stock.

Impact on first-time buyers

The PTZ is an essential tool for first-time buyers, allowing them to overcome the barrier of home ownership. It facilitates the acquisition of a first home by reducing the initial cost and by offering favourable repayment terms. However, it is crucial for first-time buyers to carefully assess their long-term financial capacity to avoid difficulties.

Analysis of tense areas

Tight areas, where the demand for housing exceeds the supply, are particularly sensitive to the impact of PTZ. The influx of new potential buyers can increase price pressure and make homeownership even more difficult for some. A detailed analysis of these areas is necessary to understand local dynamics and adapt housing policies.

Economic outlook

The overall economic outlook plays an important role in the effectiveness of the PTZ. In times of economic growth, PTZ can further stimulate the real estate market and facilitate home ownership. However, in times of economic downturn, it may be less effective and require adjustments to support the most vulnerable households.

Role of investors

Real estate investors can also be influenced by the PTZ. They may be encouraged to invest in properties eligible for PTZ to rent them to first-time buyers or to resell them after a period of ownership. This dynamic can have an impact on housing supply and on market prices.

Expectations for 2027

With the extension of the PTZ until 2027, it is important to anticipate developments in the real estate market. Eligibility conditions could be changed, eligible areas could be expanded, and funding amounts could be adjusted. Constant monitoring is necessary to adapt to these changes and maximize the benefits of the system. The PTZ 2025 could revitalize the real estate market, affected by rising interest rates, by stimulating demand and offering advantageous opportunities for buyers.

The PTZ is a powerful tool to support home ownership, but it is essential to understand its impact on the real estate market and to anticipate future developments. A rigorous analysis of economic trends and prospects is necessary to optimize its effectiveness and ensure equitable access to housing for all.

Testimonies of borrowers who have benefited from the PTZ

Positive experiences

It is always interesting to hear concrete feedback. Many borrowers point out that the PTZ was a A real boost to become owners. For some, without the PTZ, buying their home would simply have been impossible. They highlight the significant reduction in interest, which considerably reduces their monthly payments.

Difficulties encountered

However, PTZ is not without its limitations. Some borrowers attest to the complexity of the financial package, often requiring to juggle several complementary loans. Others mention the difficulty in finding a bank willing to distribute the PTZ, or the administrative procedures that are sometimes long and tedious. You must be well prepared and do not hesitate to seek the help of a broker.

Tips for future borrowers

The former PTZ beneficiaries are unanimous: you must be well informed before starting. Here are some tips:

• Properly assess your borrowing capacity : The PTZ does not finance the entire project, so you have to make sure you can take care of the rest.
• Compare offers from different banks : The rates for top-up loans can vary considerably.
• Be accompanied by a professional : A broker can help you build your case and find the best deals.

It is crucial to fully understand the eligibility requirements and the obligations associated with the PTZ before engaging. Good preparation is the key to avoiding unpleasant surprises.

Impact on their financial situation

The impact of PTZ on borrowers' finances is generally positive. The reduction of interests makes it possible to free up purchasing power and to carry out other projects. However, it is important to note that PTZ is a long-term loan, with obligations that must be met throughout its term.

Comparison with other loans

Many borrowers who have benefited from PTZ highlight its advantage over traditional loans, especially in terms of total cost. The absence of interest represents a considerable saving over the life of the loan. However, some people regret the complexity of the financial package, which often requires several loans to be combined.

Success stories

Numerous testimonies highlight the PTZ as a real springboard to ownership. Young couples, single-parent families, people with modest incomes... All of them were able to make their dreams come true thanks to this device. These success stories are a source of hope for future borrowers.

Lessons learned

Borrowers who have benefited from the PTZ have learned a lot from their experience. They emphasize the importance of preparation, comparison of offers and support from professionals. They also highlight the need to fully understand the conditions and obligations associated with the PTZ. A good knowledge of the device is essential to get the most out of it.

Discover the inspiring stories of borrowers who took advantage of the Zero Rate Loan (PTZ). These testimonies show how this device has helped many people achieve their dream of buying a home. If you too want to know more about PTZ and how it can help you, visit our site now!

In summary

To conclude, the Zero Rate Loan (PTZ) from 1 April 2025 represents a great opportunity for those who wish to become owners. With expanded eligibility conditions and possible financing for single-family homes, there is reason to be happy. Remember that this loan does not cover the entire purchase, so you will need to provide other financing. Also remember to prepare your file well to maximize your chances of obtaining this loan. If you are a first-time buyer, now is the time to find out more and take advantage of this valuable help.

Frequently asked questions

What is a Zero Rate Loan (PTZ)?

The PTZ is an interest-free real estate loan, assisted by the State, which allows you to buy your first home.

Who can benefit from PTZ?

This loan is mainly intended for first-time buyers, i.e. those who have not owned their main home for two years.

What types of housing are eligible for PTZ?

The PTZ can finance the purchase of new or old housing with work, as long as the property becomes your main residence.

How is the PTZ amount calculated?

The amount depends on several factors such as geographic location, number of people in the household, and household resources.

What are the PTZ reimbursement conditions?

PTZ repayment usually starts after a deferred period, and the duration depends on the amount borrowed.

What documents are required to apply for a PTZ?

You need to provide documents about your income, employment status, and information about the home you want to buy.

Can the PTZ cover the full purchase price?

No, the PTZ only finances part of the purchase. It must be supplemented by other loans.

What obligations must be met after obtaining the PTZ?

You must use the property as your primary residence for at least six years and meet the repayment conditions.

What are the differences between PTZ and other loans like PTZ+?

PTZ+ and other loans have specific terms, but PTZ is often more advantageous because there is no interest.

How do you apply for a PTZ?

You have to prepare a file, choose a bank, submit the application and wait for the solvency assessment.

What are the new PTZ modalities from April 2025?

From this date, the PTZ will be able to finance more types of housing, including single-family homes, without area restrictions.

What are the advantages of PTZ for first-time buyers?

PTZ allows you to buy a home without paying interest, making home ownership more accessible.

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