Housing Loan "New Home"
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.
- a fixed interest rate for the first 10 years to ensure yourself peace of mind and to plan your costs in the long term
- preliminary approval - you get an approval for a loan and then you can choose your home freely and calmly
- аdditional financing, if your new home needs energy efficiency improvements.
|Maximum financing||Up to 80% of market value of the property used as collateral|
|Currency||BGN or EUR|
|Loan period||Up to 240 months|
|Application processing fee||BGN 150|
|Creditworthiness assessment fee||BGN 150|
|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|| |
Floating interest rate or
Fixed interest rate for the first 10 years period, according to our Interest Bulletin
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|
|Other conditions|| |
The age of the borrower may not exceed 65 years before maturity of the loan
|More information||Information Sheet|
|Loan amount||EUR 50 000|
|Loan period||15 years|
|Annual interest rate in the case of salary transfer in the Bank||min 2.25%**, 6-month EURIBOR and a surplus 2.25%|
|Equal monthly installment for the first 6 months||EUR 328.31|
|Total amount due (principal, interest and fees)||EUR 60 760.97*|
|Annual percentage rate (APR)||2.73%*|
* With all fees and commissions due included (incl. one-time collateral valuation fee /apartment/, application processing fee, creditworthiness assessment 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).
** For borrowers with a monthly income above BGN 3 000.
Submit your online loan application form.