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)

*As of 01.01.2020 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