Mortgage loan with a fixed interest rate

Advantages

No Application Fee
Fixed interest rate for the first 3 or 5 years
Pre-approval within 1 day without a selected property

Tenor	Up to 30 years
Currency	EUR
Interest rate	2.56% fixed interest rate for the first 3 years and 2.80%* variable interest rate for the remaining period or 2.75% fixed interest rate for the first 5 years and 2.80%* variable interest rate for the remaining period
Amount	Up to EUR 500 000

Example

The example is calculated for a loan of 80,000 euros for 360 months, with the following fees included: 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 valuation 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 fixed amount equal to the outstanding principal of the loan.

APR 2.99 % on a loan with a 2.56 % fixed interest rate for the first 3 years and a variable interest rate of 2.80% (RIR* + 2.14% fixed surcharge) for the remaining term of the loan, payable in 36 monthly installments, each of EUR 318.60 / BGN 623.13 for the fixed interest rate period, and 324 monthly repayment installments, each of EUR 327.84 / BGN 641.20 during the remaining period of the loan. Total premium payable for the term of the loan EUR 1 759.32 / BGN 3 440.93 (approximate amount). Total amount due EUR 120 627.00 / BGN 235 925.91.

APR 3. 03 % on a loan with a 2.75 % fixed interest rate for the first 5 years and a variable interest rate of 2.80% (RIR* + 2.14% fixed surcharge) for the remaining term of the loan, payable in 60 monthly installments, each of EUR 326.59 / BGN 638.75 for the fixed interest rate period, and 300 monthly repayment installments, each of EUR 328.41/ BGN 642.31 for the remaining period of the loan. Total due premium for the term of the loan EUR 1 762.16 / BGN 3 446.49 (approximate amount). Total amount due EUR 121 061.16 / BGN 236 775.05.

The APR does not include notary fees for establishing, renewing, changing and canceling the mortgage and the state fee for its registration, payable by the borrower.

*The interest rate is calculated at UBB's RIR of 0.66%. RIR changes according to the Methodology available on the UBB website.

Parameters

Interest Rate	2.56% fixed interest rate for the first 3 years and 2.80% (RIR 0.66% + 2.14% fixed margin) variable interest rate for the remaining period or 2.75% fixed interest rate for the first 5 years and 2.80% (RIR 0.66% + 2.14% fixed margin) variable interest rate for the remaining period
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
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.

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