Consumer loan secured with mortgage of a real estate

Get the consumer loan secured with mortgage of a real estate now, no application fee*.

* No application fee for a period from May 02, 2019 to November 02, 2019.

Through a consumer loan secured with mortgage of a real estate you can finance:

  • Current utility bills;
  • Purchase of furniture, household equipment or household appliances;
  • House or car repairs;
  • Your or your children’s education;
  • Your trips or holidays;
  • your or your loved ones’ medical  treatments;
  • Your family events;
  • Simply making your dreams come true.

And more:

  • For each new borrower - FREE registration at BACB Plus, the first virtual bank in Bulgaria.

Currency: BGN, EUR

Maximum Amount:

  • up to BGN 135 000 or their equivalent in EUR;
  • up to 75% of the market value of the collateral If the applicant is liable for the loan with all his properties ;
  • up to 60% of the market value of the collateral If the applicant is liable for the loan only up to the value of the property proposed as a collateral.

Maximum term: 20 years (240 months)

Collateral: mortgage on a real estate

Repayment:

  • annuity monthly installments  

    or
  • decreasing monthly installments

Interest Rate (per annum) in EUR and BGN

With salary transfer– for BGN and EUR
3.60% floating interest rate, based on Base Interest Rate(BIR)* (for BGN) or 6 month EURIBOR** (for EUR) plus fixed margin
Without salary transfer – for BGN and EUR
4.10% floating interest rate, based on Base Interest Rate(BIR)* (for BGN) or 6 month EURIBOR** (for EUR)

*As of 01.07.2019 the applied rate of the BIR is 0,000
**As of 01.07.2019 the value of 6 month SOFIBOR is 0,000.

 Fees and Commissions:

  • Loan application fee – No fee;
  • Fee for approval – 0.20% of the loan amount (min 150 BGN)
  • Fee for preparation of notary deed – BGN 80
  • Fee for collateral inspection and assessment - as per List of terms and conditions of BACB;
  • Early repayment fee - 1% of the early repaid amount of the loan, when the loan is repaid prior to the repayment of 12 monthly installments of its utilization
  • Fee for preparation of an agreement for the deletion of the mortgage - according to the Bank’s tariff.
  • Property insurance - at the expense of the borrower.

Calculator

Loan amount in BGN
Term of the loan in months
Interest Rate 3.60%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 4.10%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN

Documents