DBank Consumer loans
Consumer loan Consolidation with mortgage
Do you want to optimize your personal finances and combine your liabilities into one advantageous option - our consumer loan Consolidation with mortgage is your solution.
Consumer loan Consolidation with mortgage
Advantages:
- Combine your loans from other banks into one
- Reduce your costs and pay only one smaller monthly installment
- Save time and effort - easy and convenient
- Get more favorable interest rates and pay lower monthly installments
- Get an additional amount for current needs at your request
Parameters:
Term - 5 to 20 years. Currency - BGN and EUR
Loan for refinancing as well as the possibility to grant an additional amount for current needs (up to 50% of the loan amount)
Transparent and favorable interest rates throughout the term - 2.90% fixed interest rate in the first year and floating for the rest of the period, formed of Applicable Index for Individuals plus margin
Amount - up to BGN 1 000 000 ot EUR 500 000
Collateral: mortgage on fully built residential or non-residential properties with Act 16
* The market indices for Applicable Index for Individuals change every six months (on March 1 and September 1) and their current values are availalbele in the Bank's Interest Rate Bulletin.
Example:
| Remaing liability | Monthly installment | ||
|---|---|---|---|
| Liabilities | Consumer loan Stock credit Credit card Stock credit Total* | 24 500,00 3 800,00 4 450,00 1 600,00 34 350,00 | 419,50 233,50 133,50 143,66 930,16 |
| New | Consumer loan Consolidation with mortgage** | 34 350,00 | 330,10 |
Difference in the monthly installment | 600,06 |
*The values in the example are calculated under the following assumptions: Consumer loan in the amount of BGN 24,500, for a period of 84 months, with a remaining repayment period of 66 months and an interest rate of 11.00%. Stock credit in the amount of BGN 3,800, for a period of 18 months, with a remaining repayment period of 9 months and an interest rate of 13%. Stock credit in the amount of BGN 1,600, for a period of 12 months, with a remaining repayment period of 7 months and an interest rate of 14%. Minimum monthly payment of a credit card in the amount of 3% of the obligation.
Example: ** Annual percantage rate (APR) is 3.67% for a loan in the amount of BGN 34,350 for a period of 120 months at an interest rate of 2.90% (fixed for the 1st year and floating for the remaining term of the loan, formed of Applicable Index for Individuals and fixed margin), BGN 50 fee for research and approval, BGN 5.95 per month for Allegro package fee, BGN 120 property valuation fee, BGN 60 fee for mortgage cancellation consent, BGN 60 fee for renewal and registration of mortgage renewal, BGN 42 annual service fee credit card. The total amount due is BGN 41,084.35, monthly installment is BGN 330.10.