Consumer Loan „My Green Home“
Consumer loan “ My green home” is intended to fund:
- Purchase and assembly of energy efficient windows;
- Insulation of walls, roofs, and floors;
- Energy efficient biomass boilers andsystems;
- Solar water heaters and systems;
- Energy efficient gas boilers, gas installations and facilities;
- Purchase and installation of cooling and heating heat pump systems;
- Building-Integrated photovoltaic systems;
- Gasification installations and central heating systems;
- Recuperativeventilation systems.
And more:
- For each new borrower - FREE registration at BACB Plus, the first virtual bank in Bulgaria.
Currency: BGN
Maximum amount: up to BGN 20 000
Maximum term:
- up to 7 years (84 months) for loans up to BGN 10 000
- up to 10 years (120 months) for loans from BGN 10 001 to BGN 20 000
Collateral:
Secured by salary anda guarantor:
- Secured by salary and NO guarantor for a loan up to BGN 5 000;
- Secured by salary and one guarantor for a loan from BGN 5 001 to BGN 15 000;
- Secured by salary with two guarantors for a loan from BGN 15 001 to BGN 20 000
Guarantee (not secured by salary):
- one guarantor for a loan up to BGN 10 000;
- two guarantors for a loan from BGN 10 001 to BGN 20 000.
Repayment: by annuity monthly installments.
Interest rate (per annum)
With transfer of salary
8.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period up to 7 years 9.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period more than 7 yearsWithout transfer of salary
9.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period up to 7 years 10.65% floating interest rate, based on Base Interest Rate(BIR)* plus fixed margin; repayment period more than 7 years*As of 01.01.2021 the applied rate of the BIR is 0,000
Fees and Commissions:
- One-time application fee and client research fee - BGN 70 payable in two stages:
- Upon submission of documents–BGN 20;
- Upon signing the contract – BGN 50. - Prepayment fee - free of charge.
Annual percentage rate (APR): 9.38%, calculated for a loan of BGN 20 000, repayment period 5 years, 8.65% floating interest rate with transfer of salary, application fee BGN 70 and BGN 1.50 monthly fee for maintenance of the current account.
Monthly installment: BGN 411,78
Total amount to be returned: BGN 24 893,68
Calculator
Loan amount in BGN
Term of the loan in months
Interest Rate 8.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 9.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 9.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN
Loan amount in BGN
Term of the loan in months
Interest Rate 10.65%
Monthly installment х BGN
Total amount to be returned (excluding tax) BGN