Mortgage loan for real estate purchase

Advantages

Prior approval within 1 day
Loan term up to 30 years
Possibility to obtain additional funds for repair or completion works upon property purchase

Loan amount	above EUR 100 000
Variable interest rate	2.28% indicative interest rate under the conditions specified below*

Loan amount	up to EUR 500 000
Variable interest rate	2.80% indicative interest rate as per the customer profile

APR example

APR 2.48% for a loan of EUR 125,000, for 360 months, variable annual interest rate 2.28% (RIR*+ 1.62% fixed surcharge), with the following fees included: fee for documentary analysis of the collateral - EUR 127.82 / BGN 249.99; fee for opening a current account for the "For Salary" package EUR 0 / BGN 0; for servicing the "For Salary" package EUR 2.25 / BGN 4.40 monthly; for real estate valuation /for apartment EUR 153.39/ BGN 300 , for mortgage cancellation EUR 30.68/ BGN 60 ; including annual insurance premium for real estate under Property Insurance, calculated as a % of the fixed amount equal to the outstanding principal of the loan - total fixed premium due for the term of the loan - EUR 2 696.27/ BGN 5 273.45 ; 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 360 monthly installments, each of EUR 479.73 / BGN 938.27 . Total debt amount EUR 176 518.27 / BGN 345 239.73.

APR 3.13% for a loan of 40,000 euros, for 360 months, variable annual interest rate 2.80% (RIR*+ 2.14% fixed surcharge), including the following fees: for documentary analysis of the collateral under a mortgage loan EUR 127.82 / BGN 249.99, for opening a current account EUR 2.55 / BGN 4.99, for real estate valuation EUR 153.39 / BGN 300.00 (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 annual real estate insurance premium , calculated as a % of the principal amount, equal to the outstanding principal amount of the loan. Total outstanding interest premium for the term of the loan EUR 881.80 / BGN 1 724.65 (indicative amount). The APR does not include not. fees for establishing, renewing, changing and deleting the mortgage and state fee for its registration, payable by the borrower. Payment of 360 monthly repayment installments, each of which EUR 164.36 / BGN 321.46. Total debt amount EUR 61 193.04 / BGN 119 683.18.

*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	2.28% indicative variable interest rate (RIR 0.66% + 1.62% fixed margin) for approved amounts over EUR 100,000, when transferring remuneration from work to an account with UBB, using the "For Salary" payment package. 2.80% indicative variable interest rate (RiR 0.66% + 2.14% fixed margin) with the possibility of interest (price) discounts depending on the individual profile of the client
Loan Tenor	up to 30 years
Amount	up to EUR 500 000
Collateral	Mortgage on a real estate
Pre-approval	within 1 day, prior to selecting a property for purchase. on-line at eloan.ubb.bg for first time home buyers and for purchasing a new primary home.
Application Fee	No fee
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
Prepayment Fee	1% on the prepaid principal until payment of the first 12 installments under the loan
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
Mortgage Obliteration Fee	EUR 30.68/BGN 60
Property Insurance and optional Life Insurance	It is necessary to insure the collateral for the term of the loan, under the terms and conditions determined by the bank, and with an insurer selected by the client. UBB, in the capacity of an insurance agent of DZI, offers you a Property insurance and a Life insurance.
Additional options:	UBB, in its capacity as an insurance intermediary for UBB PIC, offers an opportunity voluntary to opt-in to a Universal, Professional or a Voluntary pension Fund fund of UBB Pension Insurance Company EAD.

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