Individual Banking / Loans / Promotion for mortgage loan / Promotional Interest rates and fees
Promotional Interest rates and fees Description Documents

Aiming to answer all clients needs the bank offers special promotion of mortgage loans for individuals valid from 01.02.2012 until 29.02.2012incl
  • Mortgage loan with fixed interest rate for the first 3 years – 5,85% and floating interest rate, based on Euribor*, for the rest of the loan period (3 months Euribor + 4,50%) not less than 7,50%
  • Mortgage loan with fixed interest rate for the first 5 years - 6,35% and floating interest rate, based on Euribor*, for the rest of the loan period (3 months Euribor + 4,50%) not less than 7,50%
  • These interest rates are valid in case you transfer your salary to a debit card account and use a credit card issued by the Bank (annual maintenance fee for the cards: Visa Electron - BGN 5, Visa Classic - BGN 40, Visa Gold - BGN 60).
  • Currency of the loan: EUR
  • Maximum loan tenor: 360 months
  • Application fee: EUR 40
  • Front-end fee: 1.5% on principal (min 150 EUR)
  • Annual management fee: 0.4% on the outstanding principal
For other fees and commissions you can visit the Tariff of the bank
 
The annual percentage rate of charge (APRC) represents the total amount of expenses for the loan, current or future, expressed as a annual percentage from the amount of the loan granted. APRC makes it possible to compare different proposals for loans. The APRC will change in case there is a change in the value of EURIBOR or other loan related charges.
 
APRC 7,82 % for a loan with amount of EUR 33 000 and duration 18 years, fixed interest for the first 3 years 5,85% and floating interest for the remaining period 3M Еuribor + spread of 4,50%, no less than 7,50%; total due amount EUR 60 817,98, total loan related expenses EUR 27 817,98, monthly installment amount for the fixed rate period EUR 247,42, installment amount for the remaining period until the repayment of the loan EUR 274,43. This APRC is calculated for the case of valid Life insurance on the account of the borrower as per the Banks' requirements.
 

*3month Еuribor is determined by the European Bank Federation, Brussels Belgium, announced daily and shows base interest on the interbank monetary market in Euro zone for deposits in euro.