Housing loan “Chance”
| Our offer | Application Procedure | Documents | Fees and Commissions |
Loan for purchase of property
Housing loan “Chance” is a long-term loan for purchase of immovable property which is offered for public sale by a private bailiff and a mandatorily prerequisite is that Fibank AD has signed a cooperation agreement with the private bailiff and the latter holds a bank account at the Bank.
Loan details:
| Amout: |
without limit |
| Maximum number of the purchased properties: |
One person can buy up to 2 properties with Housing loan “Chance” from Fibank |
| Currency: |
EUR, USD |
| Repayment term: |
up to 30 years |
| Loan Purpose: |
to buy a property |
| 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 the purchased property |
| Annual interest rate: |
Annual interest rate from BIR (competitive environment) for EUR/USD + surplus 2.71 points is applied for the whole loan term for borrowers who:
If any 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. |
| % of financing: | up to 90% of the real property used as collateral |
| APRC (Annual Percentage Rate of Charge): |
9.28% calculated on loan amount of EUR 50,000 for a term of 180 months at BIR (competitive environment) + surplus of 2.71 p.p. |
| Disbursement: |
according to the disbursement schedule |
| Repayment: |
installments after grace period |
| Application fee |
EUR 50 |
| Origination fee | one-off fee of 3% 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 of the debtor | recommended (insurance payments will be included in the monthly installments/payments) |
| Property insurance |
paid by the bank |
bank (2265)+359 700 19 599
