Fibank 
Interest rate conditions
Interest rate of 4.50%
Advantages
No collateral is required
Loan amount
Up to BGN 100,000
Term
Up to 15 years
With a "HOME+" loan you have the opportunity to:
- Additional financing for repairs and/or current needs in the amount of up to BGN 100,000* or their equivalent in Euros, in case you use a mortgage loan from Fibank, utilized in the last 6 months;
- Repayment term - up to 15 years;
- Preferential interest rates;
- No collateral is required;
- Completely online application, signing of a loan agreement, utilization of funds within minutes;
- No fee when applying online or by phone *2265 **;
* For amounts over BGN 80,000, you need to receive a net monthly income of min. BGN 2,500
** Standard application fee for requests submitted at the Bank's office - BGN 25 / EUR 12.78.
Loan parameters
| Maximum amount | Up to BGN 100,000 or its equivalent in Euros |
|---|---|
| Term | Up to 15 years |
| Purpose | For current needs and/or repairs |
| Interest conditions | From 4.50% variable annual interest rate, based on SBIR + surcharge, with accumulated additional discounts* |
| Collateral | No collateral is required |
| Disbursement | In equal monthly repayment installments |
| Application fee | For applications submitted online or by phone *2265 – no fee is required; At the Bank’s office – BGN 25 / EUR 12.78 |
| Early repayment fee | Not due |
| APR (Annual Percentage Rate) | Example: APR: 5.37%, calculated with a loan amount of BGN 100,000, a repayment period of 180 months, a variable interest rate of 4.50% for the repayment period and including an annual credit card fee of BGN 45/EUR 23.01, a package program with a monthly fee of BGN 6.85/EUR 3.50 and an annual insurance premium under the "Peace with FiHealth" insurance of 0.505%. The monthly installment with the specified parameters and fully utilized credit is BGN 764.99/EUR 391.13. The total amount due is BGN 144,131.45/EUR 73,693.24. |
*Variable annual interest rate, formed on the basis of SBIR + surcharge, with discounts included, as follows: in the amount of 1.90% when transferring the declared income to an account in the Bank; 0.50% when using a credit card, active electronic banking and at least one utility payment registered in electronic banking; 0.20% - when concluding "Peace with FiHealth" insurance; 0.10% when using a banking package with electronic banking.
SBIR - "Savings-based Interest rate" is a reference interest rate calculated for each individual type of currency according to the methodology announced by the Bank, used as the basis for calculating the variable interest rate on the loan applicable to the Agreement. The interest surcharge is calculated according to the individual credit rating of each borrower. In individual cases, the specific financing conditions determined by the bank may differ from the values indicated above.
To apply for a "HOME+" loan, you must:
- be a legally capable individual between the ages of 18 and 65 at the time of loan disbursement;
- have a proven and regular income;
- have a mortgage loan from Fibank, drawn down in the last 6 months.
- for amounts over BGN 80,000, you must receive a net monthly income of at least 2,500 BGN.
Required documents:
- Loan application;
- Copy of ID card;
- Other documents at the Bank’s discretion.