First Investment Bank - Student Mortgage Loan "Advantage" with Fixed Interest

Personal Banking

Promotions Loans Debit Cards Credit Cards Deposits and Savings Investments Bank Accounts Fund Transfers Distance Banking Customer Support
Micro and SME Banking

Micro-Lending SME Financing Business Debit Cards Business Credit Cards Deposit Accounts Investments Bank Accounts Fund Transfers Documentary Operations POS Terminals Distance Banking Customer Support
Corporate Banking and Institutions

Corporate Financing Business Debit Cards Business Credit Cards Deposit Accounts Investments Bank Accounts Fund Transfers Documentary Operations POS Terminals Distance Banking Customer Support

Loans

Student Mortgage Loan "Advantage" with Fixed Interest

Application Procedure

Fees and Commissions

Invest in yourselves, study in the best universities with the help of First Investment Bank's student loans

Loan details:

Currency	Euro, US Dollars
Repayment term	up to 30 years
Grace period	up to 36 months. During the grace period you have to pay only the monthly interest and do not have to make any payments on the principal of the loan.
Collateral	Mortgage on a real property situated in residential or office buildings, or on zoned land within the boundaries of the cities and towns where Fibank has branches, as well as within attractive recreation areas
Interest	The interest rate is the same regardless of the currency of the loan (USD or EUR). The annual interest rate for the whole period is fixed at minimum 7% for a period of up to 36 months and BIR (competitive environment)* for EUR/USD + markup of 3.31 p.p. for the remainder of the loan period. The fixed annual minimum interest rate of 7% for a period of up to 36 months and minimum BIR (competitive environment) for EUR/USD + markup of 3.31 p.p for the remainder of the loan period is available to applicants who, for the entire term of the loan: - receive their income in the debit card current account with Fibank; - have a credit card with limit of minimum EUR 1000 and activated SMS notification option; - at least one of their utility bills is on their name. *The fixed annual minimum interest rate of 8% for a period of up to 36 months and minimum BIR (competitive environment for EUR/USD + markup of 4.31 p.p** for the remainder of the loan period is available to applicants who, for the entire term of the loan: - receive their income in the debit card current account with Fibank; - have a credit card with limit of minimum EUR 1000 and activated SMS notification option. If any or all of the above conditions are not met, the interest rate defined above shall be increased by 1% for the respective loan. The annual interest rate is determined according to the personal credit rating of the loan applicant. *BIR (competitive environment) is defined in the Interest Bulletin of Fibank. Higher annual interest rates are also possible depending on the respective credit rating of the applicants.
APRC (Annual Percentage Rate of Charge)	9.12% calculated on loan amount of EUR 100,000 for a term of 360 months at fixed interest rate of 7% for a period of 36 months and BIR (competitive environment) + markup of 3.31 p.p. for the remainder of the loan period.
% of financing	up to 75% of the real property used as collateral
Disbursement	one-off lump sum
Application fee	EUR 25
Origination fee	one-off fee of 1.5% of the loan amount charged at the time of drawdown
Management fee	0.5% charged at the start of each year of the loan period after the first year (for the full year or the respective part thereof)
Prepayment fee	prepayment fee shall not be collected in the event of prepayment with own funds
Commitment fee	0.5% of the unused portion of the loan
Life insurance	recommended (insurance payments will be included in the monthly installments/payments)

Contact Centre

bank (

2265)

accessible via mobile and fixed telephones

0800 11 011

only for subscribers for VIVACOM fixed services (free of charge)

+359 700 19 599

accessible outside Bulgaria

Call now

Useful Advices

Standing orders

Utility payments

Telephone banking

FAQs
Loans