Loan calculator - Housing and Personal Needs
Calculate your housing loan or personal needs loan rate
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
You benefit from free Life Insurance for the duration of the loan (see details here) and all your family members will always be safe.
|Variable interest rate||File
(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.
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
Everything is easier when you refinance through Garanti BBVA! You can enjoy all the benefits of refinancing by managing a single loan.
You’ll get your money quickly, without having to show income documentation, if you are employed and your income is reported to ANAF.
More than ever, the included Credit Repayment Protection Insurance becomes a safety net for your plans, no matter what the period. (see details here)
You enjoy preferential interest rates if you choose to receive your salary at Garanti BBVA. We always take care of all our customers.
|Reference index||FIXED interest rate*||Variable interest rate||Application Analysis Commission||Monthly management
|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.