If you have already taken the decision to buy or build a home for your family and you, New Home loan is exactly for you.
We at ProCredit Bank understand that buying a home is an important step and we are going to be there for you at all stages of this process.
|Loan amount||From EUR 10,000 up to EUR 150,000 or its equivalence in BGN|
|Maximum financing||Up to 80% of market value of the property used as collateral|
|Currency||EUR or BGN|
|Loan period||From 6 months up to 25 years|
|Grace period||Up to 12 months|
|Application processing fee||BGN 50|
|Disbursement fee||Free of charge|
|Early repayment fee (full/partial)||
1% if the repayment takes place within the first 12 months;
|Management fee||Free of charge|
|Fee for change of the loan conditions||0.50% over the amount due (min. 50, max. 500 currency units)|
|Interest rate||Choose between:
Mortgage on newly purchased real estate, or other real estate
|Collateral valuation fee||Please see the Bank's price list|
|Fees related to issuance of documents for registration/deletion of mortgage||Please see the Bank's price list |
The age of the borrower may not exceed 65 years before maturity of the loan
Required documents for customers with salary income:
Required documents for customers with business income:
Every loan application is considered individually and additional documents may be asked according the opinion of the bank employee.
|Loan amount||BGN 60 000|
|Loan period||20 years|
|Annual interest rate in the case of salary transfer in the Bank||min 3.50%, 6-month EURIBOR and a surplus 3.00%|
|Equal monthly installment for the first 6 months||BGN 349.52|
|Total amount due (principal, interest and fees)||BGN 86 358.17*|
|Annual percentage rate (APR)||3.98%*|
* With all fees and commissions due included (incl. one-time collateral valuation fee /apartment/, application processing fee, fees related to issuance of documents for registration/deletion of mortgage, yearly property insurance fee, a monthly account maintenance fee and fee for opening of an account).