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Mortgage credits affordable even for families with lower income
Monday, Mar 28, 2011
Sofia. Buying a home with a mortgage credit is no longer an impossible mission for families with lower income, an inquiry of the Monitor daily has shown.
Tihomir Toshev, Executive Director of CreditCentre, explained that even households with a BGN 1,500 monthly income could draw a mortgage credit at present. Such an income, he added, would be sufficient to repay a EUR 40,000-50,000 loan.
Since mid-2010 until now mortgage credit interests dropped 1-1.5%. The average interest on a newly-issued mortgage loan in EUR is 7.82%, the BNB statistics shows. On loans in BGN it is 8.37%, compared to 9-10% a year earlier.
Source: focus-net.com
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» 35 PRICE REDUCED
Spacious two-level house with many additional buildings and a garage in the charming town of Suhindol,  50 km from Veliko Tarnovo
House € 31 500
Location: Suhindol

» RENTALS
Business premises for rent in Buzludzha district, Veliko Tarnovo
Commercial € 500
Location: Veliko Tarnovo




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