Mortgage loan for current needs

Advantages

No Application Fee
Pre-approval within 1 day
Funds for repair works and improvements

Tenor	Up to 20 years
Currency	BGN
Interest rate	from 3.95%* variable interest rate
Amount	Up to BGN 300 000

Example

APR 4.35% for a loan of 80,000 BGN for 240 months, variable annual interest rate 3.95% (RIR* + 3.60% fixed surcharge), including the following fees: for documentary analysis of the collateral for a mortgage loan BGN 250 / EUR 127.82 , for opening a current account BGN 4.98 / EUR 2.55 , for real estate valuation BGN 300 153.39 (per apartment), for mortgage cancellation BGN 60 / EUR 30.68 , for servicing a BGN current account 4.50 / EUR 2.30 monthly and annual fixed premium on real estate, calculated as a % of the fixed amount, equal to the outstanding principal on the loan. Total fixed premium due for the term of the loan BGN 1184.14 / EUR 605.44 (approximate amount). The APR does not include notary fees for establishing, renewing, changing and deleting the mortgage and state fee for its registration, payable by the borrower. Payment of 240 monthly repayment installments, each of BGN 482.68 / EUR 246.79 Total debt amount BGN 118 722.11 / EUR 60 701.65 *The interest rate is calculated at UBB's RIR of 0.35%. RIR changes according to the Methodology available on the UBB website.

I want a loan

BGN

40903.35

EUR

I want to repay the loan

mths

482.68

BGN/month

246.79

EUR/month

4.36

Variable Interest Rate:

3.95%

Total Amount Due:

118722.09 BGN
60701.64 EUR

* The loan amount in calculator, as well as the sums, indicating costs, have double visualization in Bulgarian leva (BGN) and in euro (EUR) for customer convenience. Presently UBB provides housing and consumer loans only in Bulgarian leva (BGN).

Parameters

Interest Rate	3.95% variable interest rate (RIR 0.35% + 3.60% fixed margin)
Loan Tenor	up to 20 years
Amount	up to BGN 300 000
Collateral	Mortgage on a residential property
Application Fee	No fee
Fee for documents-based analysis of mortgage loan collateral	BGN 250 /EUR 127.82
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	BGN 4.98 / EUR 2.55
Loan Account Maintenance Fee	BGN 2.50 / EUR 1.28 per month, with issued debit card BGN 4.50 / EUR 2.30 per month, without a debit card issued
Mortgage Obliteration Fee	BGN 60 / EUR 30.68
Bonus	Credit card
Property Insurance	It is necessary to insure the collateral for the term of the loan under terms and conditions, determined by the Bank with an insurer, selected by the client. UBB offers you "Home and Family" Protection insurance programe with comprehensive Property and Life insurance coverage.

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
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