NO application fee
Flexible to market changes, stable to you!
You can be certain that the interest rate will not go up in case of increase of the base interest rate and / or the 6-month EURIBOR up to 0.50%.
“For Tomorrow” Mortgage Loan is for:
- Purchase of completed real estates (with permit for use);
- Purchase and repair of completed real estates (with permit for use);
- Purchase or exchange of real estates from the state, institutional or municipal residential real estate base;
- Refinancing of mortgage loans extended to the borrower or a third-party individual by other banks.
Currency: Bulgarian lev, Euro
Maximum term: up to 35 years (420 months)
Maximum amount: up to BGN 500 000 / EUR 250 000 and
- up to 85% of the market value / purchase price of the collateral if the borrower shall be liable with his / her entire assets;
- up to 70% of the market value / purchase price of the collateral if the borrower shall be liable only to the value of the real estate offered as collateral.
- Real estate;
- Pledge of a receivable under deposit / savings deposit in Bulgarian lev and / or another currency opened with BACB, and owned by the borrower or a third-party individual;
Grace period on the principal: allowed during the first 6 months of the term of the loan and another 6 months (one-off event) during the remaining period, but after the expiry of the first year.
Repayment: monthly repayment installments
Annual interest rates on loans in BGN and EUR
Applicable in the first year3.59% variable interest rate calculated on the basis of the base interest rate (BIR)* for BGN or the 6-month EURIBOR** for Euro, plus fixed margin
Applicable in 2 and 3 year, 6 and 7 year, 10 and 11 year, 14 and 15 year and thereafter biannually until the final deadline for the repayment of the loan2.99% variable interest rate calculated on the basis of the base interest rate (BIR)* for BGN or the 6-month EURIBOR** for Euro, plus fixed margin
Applicable in 4 and 5 year, 8 and 9 year, 12 and 13 year, 16 and 17 year and thereafter biannually until the final deadline for the repayment of the loan3.29% variable interest rate calculated on the basis of the base interest rate (BIR)* for BGN or the 6-month EURIBOR** for Euro, plus fixed margin
Interest rates are applicable if the applicant is liable with all his properties.
* As of 01.07.2020 the BIR applied is 0.000
** As of 01.07.2020 the 6-month EURIBOR applied is 0.000
Fees and commissions:
- One-off fee for preliminary assessment of the income – BGN 50;
- Loan application fee – No fee;
- Fee for approval – 0.20% of the loan amount (min 200 BGN)
In case the loan applicant has applied for preliminary approval the fee for preliminary estimate of income shall be deducted from the fee.
- Early repayment fee – 1% of the loan amount repaid early, when the loan is repaid before the payment of 12 monthly repayment installments as of its utilization;
- Notary deed preparation fee – BGN 80;
- Collateral viewing and valuation fee – as per the Bank's Tariff;
- Fee for preparation of mortgage deregistration consent – as per the Bank's Tariff;
- Property insurance – at the expense of the borrower.
APR 3.10% calculated in case of a loan amounting to BGN 150 000, repayment term 20 years, variable interest rate as follows:
Applicable interest rate
Period of validity
in the first year
in 2 and 3 year, 6 and 7 year, 10 and 11 year, 14 and 15 year, 18 and 19 year
in 4 and 5 year, 8 and 9 year, 12 and 13 year, 16 and 17 year, 20 year
and the following fees include: (1) BGN 300 one-off fee for exploration and approvalon and approval; (2) BGN 130 viewing and valuation fee for the property offered as collateral on the loan, if it is the same apartment; (3) BGN 80 one-off notary deed preparation fee; (4) BGN 2 one-off fee for the opening of the current account to be used for the servicing of the loan; (5) BGN 2.50 monthly fee for the maintenance of the current account servicing the loan and the debit card issued thereto; (6) 0,102% of the outstanding principal on the loan annual insurance premium for the insurance of the property, if the latter is signed through the Bank; (7) BGN 30 fee for the preparation of the mortgage deregistration consent.
Total number of monthly repayment installments: 240
Monthly repayment installment during the first year: BGN 846.99
Total amount to be repaid: BGN 200 196.30
Total cost of the loan: BGN: 50 196.30
The APR does not include the notary fees for the establishment of the mortgage and the state registration fees.
Request for mortgage loan
Please fill in the inquiry form and one of our consultants will contact you in order to provide you with additional information or to arrange a meeting, whenever is convenient to you, at one of our offices.