First Investment Bank

Loans

"Advantage" Mortgage/Housing Loan (with Overdraft Option)

Loan details:

Currency	Euro, US Dollars
Repayment term	up to 30 years
Repayment term without fixed repayment schedule	minimum 1 year maximum 5 years
Collateral	Mortgage on the financed real property or another 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 entire loan period is BIR (competitive environment)* for EUR/USD + markup of 2.71 p.p. The annual interest rate for the entire loan period is BIR (competitive environment) for EUR/USD + markup of 2.71 p.p. is applicable 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 annual interest rate for the entire loan period is BIR (competitive environment) for EUR/USD + markup of 3.71 p.p. is applicable 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 the Interest Bulletin of Fibank.
APRC (Annual Percentage Rate of Charge)	9.06% calculated on a loan amount of EUR 100,000 for a term of 360 months, out of which 60 months are without fixed repayment schedule at interest rate of BIR (competitive environment) + markup of 2.71 p.p. for the remainder of the loan period
% of financing	up to 75% of the real property used as collateral
Disbursement	in overdraft mode
Repayment	equal monthly installments (annuities), after the expiry of the period without fixed repayment schedule
Application fee	EUR 25
Fee for valuation of the real property	depending on the real property
Origination fee	1% charged at the time of drawdown
Management fee	1% per year for the period without fixed repayment schedule 1% one-off fee and 0.5% annual fee for the entire loan period
Prepayment fee	prepayment fee shall not be collected in the event of prepayment with own funds
Commitment fee	1% per year on the unused credit limit during the period without fixed repayment schedule
Life insurance	recommended (insurance payments will be included in the monthly installments/payments)
Property insurance	covered by the bank