Mortgage loan with a fixed interest rate

Advantages

Fixed interest rate for the first 3, 5 or 10 years
For the purchase of your new home
For refinancing a purchase loan from banking institutions
Possibility of additional funds for repairs or finishing works when purchasing the property.
Pre-approval within 1 day without a selected property

Interest rates

3.07% fixed interest rate for the first 3 years or

3.15% fixed interest rate for the first 5 years or

3.33% fixed interest rate for the first 10 years

and

Variable interest rate for the remaining term of the loan:

2.28% indicative interest rate (RIR 0.59% + 1.69% fixed surcharge) when purchasing and refinancing purchase loans from other banks , for approved amounts over 100,000 euros, when transferring remuneration from work to an account at UBB, valid for loan applications submitted at a branch of the bank.
2.80% indicative interest rate (RIR 0.59% + 2.21% fixed surcharge) for purchase and 2.70% indicative interest rate (RIR 0.59% + 2.11% fixed surcharge) for refinancing purchase loans.

Possibility of interest (price) discounts depending on the individual client profile.

The variable interest rate for the remaining term of the loan is formed as the sum of UBB's RIR and a fixed surcharge. RIR is changed according to the Methodology available on the UBB website. After the expiration of the fixed interest period, the interest rate is formed based on the current value of the RIR, calculated according to the Methodology and accepted by UBB as of March 1/September 1 for the year of transition to a variable interest rate.

Parameters

Loan Tenor	up to 30 years
Amount	up to EUR 500 000
Collateral	Mortgage on a real estate
Application Fee	No fee
Fee for documents-based analysis of mortgage loan collateral	EUR 127.82/BGN 249.99 No fee when refinancing a loan
Property Appraisal Fee	According to the current tariff of the independent appraiser who prepares the appraisal
Prepayment Fee	1% on the prepaid principal until payment of the first 12 installments under the loan
Fee for current account opening	EUR 2.55/BGN 4.99
Loan Account Maintenance Fee	EUR 1.28/BGN 2.50 per month, with issued debit card EUR 2.30/BGN 4.50 per month, without a debit card issued
Mortgage Obliteration Fee	EUR 30.68/BGN 60
Property Insurance	It is necessary to insure the collateral for the term of the loan, under terms and conditions, determined by the Bank and with an insurer, selected by the client. UBB offers you "Home and Family Protection" insurance program with comprehensive Property and Life insurance coverage.

Free property insurance with an insurer selected by UBB, when refinancing mortgage loan from other banks.

Representative examples

Mortgage loan for purchase

APR 3.10% on a loan with a 3.07% fixed interest rate for the first 3 years and a variable interest rate of 2.80% (RIR* + 2.21% fixed surcharge) for the remaining term of the loan, payment of 36 monthly repayment installments, each of EUR 340.31 / BGN 665.59 for the fixed interest rate period, and 324 monthly repayment installments, each of EUR 329.69 / BGN 644.82 for the remaining term of the loan. Total due set . premium for the term of the loan EUR 1 768.13 / BGN 3 458.16 (indicative amount). Total amount due EUR 122 017.87 / BGN 238 646.21.

APR 3.17% on a loan with a 3.15% fixed interest rate for the first 5 years and a variable interest rate of 2.80% (RIR* + 2.21% fixed surcharge) for the remaining term of the loan, payment of 60 monthly repayment installments, each of EUR 343.79 / BGN 672.39 for the fixed interest rate period, and 300 monthly repayment installments, each of EUR 330.83 / BGN 647.05 for the remaining term of the loan. Total due set . premium for the term of the loan EUR 1 772.99 / BGN 3 467.67 (indicative amount). Total amount due EUR 122 829.56 / BGN 240 233.74.

APR 3.38% on a loan with a 3.33% fixed interest rate for the first 10 years and a variable interest rate of 2.80% (RIR* + 2.21% fixed surcharge) for the remaining term of the loan, payment of 120 monthly repayment installments, each of EUR 351.69/ BGN 687.85 for the fixed interest rate period, and 240 monthly repayment installments, each of EUR 335.30/ BGN 655.79 for the remaining term of the loan. Total due construction premium for the term of the loan EUR 1 788.32/ BGN 3 497.65 (indicative amount). Total amount due EUR 125 643.18 / BGN 245 736.70.

The examples above are calculated for a loan of 80,000 euros for 360 months, including the following fees: for documentary analysis of the collateral EUR 127.82 / BGN 249.99, for opening a current account EUR 2.55 / BGN 4.99, for real estate appraisal EUR 192 / BGN 375.52 (for an apartment), for mortgage cancellation EUR 30.68 / BGN 60.00, for servicing a current account EUR 2.30 / BGN 4.50 per month and an annual real estate premium calculated as a % of the amount of the loan , equal to the outstanding principal amount of the loan.

APR 2.65% on a loan with a 3.07% fixed interest rate for the first 3 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 36 monthly repayment installments, each of EUR 531.74 / BGN 1 039.99 for the fixed interest rate period, and 324 monthly repayment installments, each of EUR 484.01 / BGN 946.64 for the remaining term of the loan. Total due set . premium for the term of the loan EUR 2717.57 / BGN 5 315.10 (indicative amount). Total amount due EUR 179 857.66 / BGN 351 771.01.

APR 2.79% on a loan with a 3.15% fixed interest rate for the first 5 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 60 monthly repayment installments, each of EUR 537.17 / BGN 1 050.61 for the fixed interest rate period, and 300 monthly repayment installments, each of EUR 487.66 / BGN 953.78 for the remaining term of the loan. Total due set premium for the term of the loan EUR 2 733.37 / BGN 5 346.01 (indicative amount). Total amount due EUR 182 442.25 / BGN 356 826.03.

APR 3.13% on a loan with a 3.33% fixed interest rate for the first 10 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 120 monthly repayment installments, each of EUR 549.51 / BGN 1074.75 for the fixed interest rate period, and 240 monthly repayment installments, each of EUR 499.49 / BGN 976.92 for the remaining term of the loan. Total due construction premium for the term of the loan EUR 2 773.75 / BGN 5 424.98 (indicative amount). Total amount due EUR 189 771.40 / BGN 371 160.60.

The examples above are calculated for a loan of 125,000 euros, for 360 months, with the following fees included: fee for documentary analysis of the collateral - EUR 127.82 / BGN 249.99; fee for opening a current account EUR 2.55 / BGN 4.99; for valuation of real estate / for an apartment EUR 192 / BGN 375.52, for cancellation of a mortgage EUR 30.68 / BGN 60.00; for servicing a current account EUR 2.30 / BGN 4.50 per month; with the annual insurance premium for real estate under Property Insurance included , calculated as a % of the escrow amount, equal to the outstanding principal on the loan.

Mortgage loan for refinancing a purchase from other banks

APR 2.89% on a loan with a 3.07% fixed interest rate for the first 3 years and a variable interest rate of 2.70% (RIR* + 2.11% fixed surcharge) for the remaining term of the loan, payment of 36 monthly repayment installments, each of EUR 340.31 / BGN 665.59 for the fixed interest rate period, and 324 monthly repayment installments, each of EUR 325.80 / BGN 637.21 for the remaining term of the loan. Total amount due EUR 118 862.45 / BGN 232 474.75.

APR 2.97% on a loan with a 3.15% fixed interest rate for the first 5 years and a variable interest rate of 2.70% (RIR* + 2.11% fixed surcharge) for the remaining term of the loan, payment of 60 monthly repayment installments, each of EUR 343.79 / BGN 672.39 for the fixed interest rate period, and 300 monthly repayment installments, each of EUR 327.18 / BGN 639.91 for the remaining term of the loan. Total amount due EUR 119 833.51 / BGN 234 373.97.

APR 3.20% on a loan with a 3.33% fixed interest rate for the first 10 years and a variable interest rate of 2.70% (RIR* + 2.11% fixed surcharge) for the remaining term of the loan, payment of 120 monthly repayment installments, each of EUR 351.69 / BGN 687.85 for the fixed interest rate period, and 240 monthly repayment installments, each of EUR 332.26 / BGN 649.84 during the remaining term of the loan. Total amount due EUR 122 997.29 / BGN 240 561.79.

The examples above are calculated for a loan of 80,000 euros for 360 months, including the following fees: for opening a current account EUR 2.55 / BGN 4.99, for real estate appraisal EUR 192 / BGN 375.52 (for an apartment), for mortgage cancellation EUR 30.68 / BGN 60.00, for servicing a current account EUR 2.30 / BGN 4.50.

APR 2.53% on a loan with a 3.07% fixed interest rate for the first 3 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 36 monthly repayment installments, each of EUR 531.74 / BGN 1 039.99 for the fixed interest rate period, and 324 monthly repayment installments, each of EUR 484.01 EUR / BGN /946.64 during the remaining term of the loan. Total amount due EUR 177 012.27 / BGN 346 205.91.

APR 2.66% on a loan with a 3.15% fixed interest rate for the first 5 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 60 monthly repayment installments, each of EUR 537.17 / BGN 1050.61 for the fixed interest rate period, and 300 monthly repayment installments, each of EUR 487.66 / BGN 953.78 during the remaining term of the loan. Total amount due EUR 179 581.06 / BGN 351 230.02.

APR 3.00% on a loan with a 3.33% fixed interest rate for the first 10 years and a variable interest rate of 2.28% (RIR* + 1.69% fixed surcharge) for the remaining term of the loan, payment of 120 monthly repayment installments, each of EUR 549.51 / BGN 1 074.75 for the fixed interest rate period, and 240 monthly repayment installments, each of EUR 499.49 / BGN 976.92 for the remaining term of the loan. Total amount due EUR 186 869.83 / BGN 365 485.62.

The examples above are calculated for a loan of 125,000 euros for 360 months, with the following fees included: fee for opening a current account EUR 2.55 / BGN 4.99; for real estate appraisal (for an apartment) EUR 192 / BGN 375.52, for cancellation of a mortgage EUR 30.68 / BGN 60.00; for servicing a current account EUR 2.30 / BGN 4.50 per month.

Main required documents:

Mortgage Loan Application
ID document of the loan applicant/co-debtor
Statement of Income, as per the Bank's template
Documents, certifying the property’s ownership - Title Deed, Purchase-Sale Agreement or such for establishment of a construction right, signed with the State or Municipal Authorities
Certificate of encumbrances on the property over a past period of minimum 10 years - issued by the Registry Agency
Tax assessment certificate for the property - issued by the Municipality, as per the property’s location
Cadastral layout of the property - issued by the local technical office of the Geodesy, Cartography and Cadastre Agency
Documents, certifying the land’s ownership or the establishment of the construction right / obtaining a construction permit, approved architectural designs, Surface Calculation Table, Minutes under Art.181, Para.2 of the Spatial Development Act for reached shell-and-core stage- for the cases in which the provided collateral has not been completed and put into operation
Bill of Quantities
Certificate of marital status - issued by the municipality’s Civil Registration Office
Certificate of tax liabilities under Art.87, para.6 of the Tax Insurance Procedure Code - issued by the NRA