Loan calculator - Housing and Personal Needs
Calculate your housing loan or personal needs loan rate
- Your goals can be achieved faster than you think. You just have to take the first step.
- With our Loan Calculator, you can see in real time how easy it is to get a housing loan or a personal needs loan.
Loan Calculator
Your plans can become reality when you have all the facts. Use the loan calculator to find out which option is best for your budget.
Rate amount
Interest amount
Housing loan
There’s nothing like the joy and satisfaction of moving into a place that’s yours. We believe that we all deserve to enjoy this dream. That’s why, whenever you’re determined to take the plunge, we’re here to help with a Housing loan calculator.
Details and features
- The minimum credit limit is EUR 10,000 or RON equivalent and there is no maximum credit limit.
- Maximum lending period: 30 years
- Advance: starting from 15% for loans in Lei
- Minimum eligible income must be at least equal to the minimum wage.
- Several types of income can be taken into account: salary, dividends, rents, etc.
- Obtaining the loan is conditional on: taking out a first mortgage on the property purchased, taking out a mortgage on current accounts and, where applicable, on receivables (dividends, rents), taking out a compulsory PAD policy and a voluntary insurance policy on the property pledged as security, taking out a life insurance policy
- Mortgages on movable/immovable property will be registered, where applicable, with the AERGM and the Land Register
A Home Insurance policy is required (see details here).
Your benefits
- It's simple and easy!
- You're protecting your family!
You benefit from free Life Insurance for the duration of the loan (see details here) and all your family members will always be safe.
- You save smart!
| Currency | Interest type* |
Loan amount |
Reference index |
Fixed interest rate 5 years* |
Variable interest rate | File analysis comission |
Monthly management fee |
|
| Margin* | Interest rate (index + margin)** |
|||||||
| RON | Fixed | 250.001 – 500.000 | - | 9.00% | - | - | 600 RON | 0 RON |
| RON | Variable | - | IRCC 3M** | - | 3.00% | 8.94% | 600 RON | 0 RON |
| EUR | Variable | - | EURIBOR 6M*** | - | 4.50% | 8.458% | 130 EUR | 0 EURN |
*This Fixed interests and margins are applicable in case you cash in your salary in your Garanti BBVA account.
The interest rate is updated according to the evolution of the reference index for consumer loans as follows:
** The IRCC reference index has a value of 5.94% and is updated every January 1, April 1, July 1 and October 1 for the entire duration of the loan;
Details about the structure of costs (interest, fees, other taxes) here.
Personal loan
Apply for a personal loan and you’re ready to turn your dreams into reality!
Day by day, we want to evolve and invest in our projects and with the help of Garanti BBVA and the available banking services, anything is possible.
Details and features
- Maximum lending limit and currency: 115,000 lei
- Maximum lending period: maximum 10 years for loans granted for refinancing the balance/sold of loans contracted before 08.07.2020.
- Granted for refinancing the balance/sold of consumer loans, overdraft limits or credit cards contracted before 8 July 2020.
- The minimum eligible income must be at least equal to the minimum wage
- Several types of income can be taken into account: salary, dividends, rents, etc.
- Type of interest: fixed or variable.
- Obtaining credit is conditional on the establishment and registration with the RNPM of a mortgage on current accounts and, where applicable, on receivables (dividends, rents).
Your advantages
- You get flexibility!
Everything is easier when you refinance through Garanti BBVA! You can enjoy all the benefits of refinancing by managing a single loan.
- It's simple and easy!
You’ll get your money quickly, without having to show income documentation, if you are employed and your income is reported to ANAF.
- You enjoy safety!
More than ever, the included Credit Repayment Protection Insurance becomes a safety net for your plans, no matter what the period. (see details here)
- Save smart!
You enjoy preferential interest rates if you choose to receive your salary at Garanti BBVA. We always take care of all our customers.
| Currency | Interest type* |
Reference index | FIXED interest rate* | Variable interest rate | Application Analysis Commission | Monthly management fee |
|
| Margin* | Interest rate (index + margin)** |
||||||
| RON | Fixed | - | 11.40% | - | - | 250 RON | 25 RON |
| RON | Variable | IRCC3M | - | 4.95% | 10.89% | 250 RON | 25 RON |
*The fixed interest rates and margins shown are valid if you receive your income in an account at Garanti BBVA
**The variable interest rate is updated quarterly, depending on the evolution of the index for consumer loans: on January 1st, April 1st, July 1st and October 1st, for the entire duration of the loan.
***The payment of the analysis commission is excluded for the refinancing balance / balance of personal needs loans without collateral contracted before 08.07.2020 for a period longer than 5 years.
Otherwise, the commission from the list of Interest and credit commissions for Individuals is applicable.
Example of calculation in case you cash in your salary in your Garanti BBVA account:
The effective annual interest rate (EIR) is 13.24% per year for a General Purpose Loan in amount of 42,000 Lei for a period of 53 months, with repayment in equal installments. The interest rate is 10.89%/ year, variable, consisting of IRCC for 3 months + bank margin 4.95%. Loan analysis fee is 250 lei and the monthly administration fee is 25 lei. Monthly instalment amount is 1.026,77 Lei, and the total payable amount is 54.800,13 Lei.
Details of the cost structure (interest, fees, other charges) here.
Choose the easiest way to access your own housing loan:
You can visit us in one of the Garanti BBVA agencies
- Identity document
-
Documents proving income from salaries, rents, pensions, etc. (you can find out more details in the Garanti BBVA offices)
If your salary is reported to ANAF, we only need your approval to check ANAF databases, in this case no income statement is required
If your salary is not reported to ANAF, the following documents are required: income statement for the last three months and tax form for income made in the last year
*During the analysis of the file, bank representatives may ask you for additional documents or information.
How to access the Personal Loan
- Identity document
Documents proving income from salaries, rents, pensions, etc. (you can find out more at Garanti BBVA offices);
- If your salary is reported to ANAF, we only need your approval to check ANAF databases, in which case no income certificate is required
- If your salary is not reported to ANAF, the following documents are required
Income certificate for the last three months
Tax receipt for income earned in the last year
- Only if you are retired, you must also present a copy of one of the following utility bills: mobile or landline phone, electricity, natural gas.
*During the review of your file, bank representatives may ask you for additional documents or information.
- If you want to refinance you will need the following documents:
- A document containing the necessary information on the current account number (in IBAN format) to which the loan will be repaid.
- Refinancing address or loan agreement and addenda together with the last repayment schedule not older than 90 days or only the repayment schedule containing all the identification elements of the loan (type of loan, date of granting, loan currency, loan agreement number, client name, CNP, IBAN repayment account, remaining amount to be repaid).
*During the review of your file, bank representatives may ask you for additional documents or information.
We are waiting for you in one of the Garanti BBVA agencies, which you can find here.
- Complete the process and enjoy your Garanti BBVA account
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