Housing and mortgage loans
Credit calculator
Monthly installment
1 019.54 BGN
Variable interest rate
2.60%
Credit risk evaluation tax
480.00 BGN
Property insurance for the first year
176.00 BGN
Monthly tax for debit account
2.50 BGN
Mortgage preparation fee
100 BGN
Cash security fee
180 BGN
Annual percent of the expenses
2.85%
Total
198 584.44 BGNTotal amount dueThe total amount you pay back over the term of the loan, including principal, interest, fees, and insurance.
The indicated calculations are exemplary and do not constitute a commercial offer. The indicated annual interest rate is minimal, and the parameters of each loan are determined individually, after assessing the customer's creditworthiness and the proposed security. The annual interest rate is variable and is formed by a reference interest rate on loans to natural persons secured by a mortgage (the reference interest rate) in the relevant currency and a fixed allowance. When calculating the APR, notary fees for establishing, renewing, changing, and canceling the mortgage and state registration fee payable by the borrower are not included. When calculating the APR, the cost of property insurance is included in the amount of 0.11% annually on the balance of the principal, assuming that the insurance of the proposed security is concluded with an insurance company – a partner of the Bank. You can submit an online inquiry to receive a personalized offer for a home loan or mortgage.
Parameters
Minimum amount
10000 BGN
Maximum amount
300000 BGN
Minimum term
12 months
Maximum term
360 months
begins from
2.6%
The annual interest rate is variable and is formed by the RLPik on loans to individuals in the relevant currency, secured by a mortgage plus a fixed allowance. It is determined individually for each borrower depending on the purpose of the loan, income, and the proposed collateral.
A representative example of a Housing credit with a salary transfer
Amount
300 000 BGN
Term
360 months
Monthly fee
1 201.02 BGN
Annual Percentage Rate (APR)
2.79%
One-time credit risk assessment fee of 0.3%
BGN 900
One-time mortgage preparation fee
BGN 100
Collateral Assessment Fee
BGN 180
Monthly Debit Card Account Fee
BGN 2,50
Total expenses (interest, fees, property insurance)
BGN 140 197,57
The total amount owed (principal, interest, fees, property insurance)
BGN 440 197,57
Advantages
- 1
Express response
Pre-approval, based on income assessment – within 1 business day!
- 2
High amount of funding
Within 85% of the market valuation of the collateral.
- 3
Grace period
Up to 36 months for principal repayment.
- 4
Full assistance
Our experts will provide you with professional assistance and consultation at every stage.
- 6
Discounts
No application fee, and no credit risk assessment fee when refinancing liabilities in other institutions.
Documents
Useful information
- Tariff for individuals
- Appendix 1 to the Tariff for natural persons
- Documents required to apply for a home/mortgage loan
- Methodology for determining the reference interest rate on mortgage loans
- Information on values of Reference interest rates on loans secured by a mortgage (RLPik)
- Sample of the European Standardized Information Form (ESIF) in BGN
- Model European Standardized Information Form (ESIF) in EUR
- General information on providing mortgage loans