In the event of applying the standard interest rate for the entire duration of the loan: for a Home Purchase Mortgage loan - Green Mortgage Loan from UniCredit Bank S.A., in the amount of 300,000 Lei, over a period of 25 years, 300 installments, with a standard variable interest rate of 8.76%/year made up of IRCC (5.66% on 01.01.2025) + fixed margin 3.10%/year, analysis commission of 900 lei, registration fee of securities at the National Registry of Securities Advertising (RNPM) ) of 87.60 Lei, the cost of evaluating the property of approximately 450 Lei according to the market information held by the creditor, the costs of opening and maintaining a current account of 10 Lei/month, life insurance* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in the case of repayment in decreasing monthly installments (equal installments of the principal), the APR is 9.60%, the first monthly installment is 3,277.70 Lei, and the total payment amount at the end of the crediting period is 645,726.45 lei and in the case of repayment in equal monthly installments (annuities) APR is 9.57%, the monthly rate is 2,556.17 lei, and the total payment amount at the end of the crediting period is of 760.608,59 Lei.
In the event of applying the reduced interest for the entire duration of the loan, following the fulfillment of the monthly turnover condition and the life insurance condition: for a home purchase mortgage loan - the Green Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 lei, on a period of 25 years, 300 installments, with reduced variable interest of 7.76%/year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.10%/year, analysis commission of 900 Lei, the registration fee for securities at the National Register of Securities Advertising (RNPM) of 87.60 lei, the cost of evaluating the property of approximately 450 lei according to the market information held by the creditor, the costs of opening and maintaining a current account of 10 lei/month, insurance of life* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in the case of repayment in decreasing monthly installments (equal installments of the principal) APR is 8.51%, the first the monthly rate is 3,027.70 Lei, and the total amount of payment at the end of the crediting period is 608,101.45 Lei, and in the case of repayment in equal monthly installments (annuities), the APR is 8.49%, the monthly rate is 2,355.66 Lei , and the total payment amount at the end of the crediting period is 700,059.55 Lei.
In the event of applying the standard interest rate throughout the duration of the loan: for a Home Purchase Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, for a period of 25 years, 300 installments, with standard fixed interest in the first 5 years of 7.50% and standard variable interest, starting with year 6, of 8.59% /year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.60% /year, analysis fee of 900 Lei, registration fee for movable collateral at the National Register of Real Estate Advertising (RNPM) of 87.60 Lei, cost of property valuation of approximately 450 Lei according to market information held by the lender, costs of opening and maintaining a current account in Lei of 10 Lei /month, life insurance* of 0.0259% /month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in case of repayment in monthly installments descending (equal principal installments) the APR is 8.62%, the first monthly installment is 2,962.70 lei in the first 5 years and 2,724.16 lei starting with year 6, and the total payment amount at the end of the credit period is 616,634.95 lei and in the case of repayment in equal monthly installments (annuities) the APR is 8.64%, the monthly installment is 2,304.67 lei in the first 5 years and 2,427.87 lei starting with year 6, and the total payment amount at the end of the credit period is 715,958.66 lei.
In the event of applying the standard interest rate throughout the duration of the loan: for a Home Purchase Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, for a period of 25 years, 300 installments, with standard fixed interest in the first 3 years of 6.00% and standard variable interest, starting with year 4, of 8.16% /year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.50% /year, analysis fee of 900 Lei, registration fee for movable collateral at the National Register of Real Estate Advertising (RNPM) of 87.60 Lei, cost of property valuation of approximately 450 Lei according to market information held by the lender, costs of opening and maintaining a current account in Lei of 10 Lei /month, life insurance* of 0.0259% /month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in case of repayment in monthly installments descending (equal principal installments) DAE is 8.15%, the first monthly installment is 2,587.70 Lei in the first 3 years and 2,873.58 Lei starting with year 4, and the total payment amount at the end of the credit period is 604,845.45 Lei and in the case of repayment in equal monthly installments (annuities) DAE is 8.24%, the monthly installment is 2,020.60 Lei in the first 3 years and 2,393.55 Lei starting with year 4, and the total payment amount at the end of the credit period is 699,106.93 Lei.
In the event of applying the discounted interest for the entire duration of the loan, following the fulfillment of the monthly turnover condition and the Life Insurance Condition: for a Home Purchase Green** Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, for a period of 25 years, 300 installments, with a reduced fixed interest rate in the first 3 years of 4.99%/year and a reduced variable interest rate, starting with year 4, of 7.96%/year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.30%/year, analysis fee of 900 Lei, registration fee for movable collateral at the National Register of Real Estate Advertising (RNPM) of 87.60 Lei, cost of property valuation of approximately 450 Lei according to market information held by the lender, costs of opening and maintaining a current account in Lei of 10 Lei/month, life insurance* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank has the quality of intermediary, in case of reimbursement in decreasing monthly installments (equal principal installments) the APR is 7.65%, the first monthly installment is 2,335.20 Lei in the first 3 years and 2,829.58 Lei starting with year 4, and the total payment amount at the end of the credit period is 586,693.20 Lei and in the case of repayment in equal monthly installments (annuities) the APR is 7.77%, the first monthly installment is 1,839.72 Lei in the first 3 years and 2,336.41 Lei starting with year 4, and the total payment amount at the end of the credit period is 677,498.07 Lei.
In the event of applying the discounted interest for the entire duration of the loan, following the fulfillment of the monthly turnover condition and the Life Insurance Condition: for a Home Purchase Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, for a period of 25 years, 300 installments, with reduced fixed interest** in the first 3 years of 4.89%/year and reduced variable interest, starting with year 4, of 7.86%/year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.20%/year, analysis fee of 900 Lei, registration fee for movable collateral at the National Register of Real Estate Advertising (RNPM) of 87.60 Lei, cost of property valuation of approximately 450 Lei according to market information held by the lender, costs of opening and maintaining a current account in Lei of 10 Lei/month, life insurance* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank has the quality of intermediary, in the case of repayment in decreasing monthly installments (equal principal installments) DAE is 7.55%, the first monthly installment is 2,310.20 Lei in the first 3 years and 2,807.58 Lei starting with year 4, and the total payment amount at the end of the credit period is 586,693.20 Lei and in the case of repayment in equal monthly installments (annuities) DAE is 7.67%, the first monthly installment is 1,822.30 Lei in the first 3 years and 2,316.37 Lei starting with year 4, and the total payment amount at the end of the credit period is 671,555.89 Lei.
In the event of applying the standard interest rate throughout the duration of the loan: for a Home Purchase Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, over a period of 25 years, 300 installments, with the standard fixed interest rate in the first 5 years of 7.50% and the standard variable interest, starting with year 6, of 8.26%/year consisting of IRCC (5.66% on 01.01.2025) + fixed margin 2.60%/year, analysis commission of 900 lei, the registration fee for securities at the National Registry of Real Estate Advertising (RNPM) of 87.60 lei, the cost of evaluating the property of approximately 450 lei according to market information held by the creditor, the costs of opening and maintaining a current account in 10 lei Lei/month, life insurance* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in the case of repayment in decreasing monthly installments (equal installments of the principal) DAE is 8.62%, the first monthly installment is 2,962.70 lei in the first 5 years and 2,724.16 lei starting with the 6th year, and the total amount of payment at the end of the crediting period is 616,634.95 lei and in the case of repayment in equal monthly installments (annuities) APR is 8.64%, the monthly rate is 2,304.67 lei in the first 5 years and 2,427.87 lei starting with the 6th year, and the total amount of payment at the end of the crediting period is 715,958.66 lei.
In the event of applying the discounted interest for the entire duration of the loan, following the fulfillment of the monthly turnover condition and the Life Insurance Condition: for a Home Purchase Mortgage loan from UniCredit Bank S.A., in the amount of 300,000 Lei, for a period of 25 years , 300 installments, with reduced fixed interest in the first 5 years of 5.90%/year and reduced variable interest, starting with the 6th year, of 8.06%/year made up of IRCC (5.66% on 01.01.2025) + fixed margin 2.40%/year, analysis commission of 900 lei, fee for registration of securities at the National Register of Securities Advertising (RNPM) of 87.60 lei, the cost of property evaluation of approximately 450 lei according to information from market held by the creditor, the costs of opening and maintaining a current account in Lei of 10 Lei/month, life insurance* of 0.0259%/month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in in the case of repayment in decreasing monthly installments (equal principal installments) the APR is 7.64%, the first monthly installment is 2,562.70 Lei in the first 5 years and 2,684.16 Lei starting with the 6th year, and the total payment amount at the end of the period of credit is 590,174.95 lei and in the case of repayment in equal monthly installments (annuities) APR is 7.75%, the first monthly installment is 2,002.31 lei in the first 5 years and 2,343.28 lei starting with the 6th year, and the amount total payment at the end of the crediting period is 677,553.34 lei.
In the event of application of the reduced interest for the entire duration of the loan, following the fulfillment of the monthly turnover condition and the Life Insurance Condition: for a Home Purchase Mortgage - Green Mortgage Credit from UniCredit Bank S.A., in the amount of 300,000 Lei, on a period of 25 years, 300 installments, with reduced variable interest of 7.96%/year made up of IRCC (5.99% as of 01.10.2024) + fixed margin 2.10%/year, analysis commission of 900 Lei, fee for registration of securities at the National Registry of Publicity Mobiliara (RNPM) of 87.60 Lei, the cost of evaluating the property of approximately 450 Lei according to market information held by the creditor, the costs of opening and maintaining a current account of 10 Lei/month, life insurance* of 0.0259%/ month on the credit balance, concluded with an insurance company for which the bank acts as an intermediary, in the case of repayment in decreasing monthly installments (equal principal installments) APR is 8.83%, the first monthly installment is 3,077.70 Lei, and the total payment amount at the end of the crediting period is 615,626.45 lei, and in the case of repayment in equal monthly installments (annuities), the APR is 8.87%, the monthly rate is 2,395.20 lei, and the total payment amount at the end of the crediting period is 712,004.61 Lei.
*Concluding and maintaining a life insurance is mandatory for the application of the Discount to the annual interest rate. The cost from the example above is based on the assumption that the borrower will choose a life insurance intermediated by the bank, the borrower’s age at loan granting date is 36 years and fulfills the standard requirements regarding the health condition (appliance of an increased premium is not necessary) containing insurance premium of: 0.0259% applied monthly to the loan balance.
** It is intended for the purchase of a completed house classified in energy efficiency class A or superior (according to the energy performance certificate).
If you will choose to conclude a life insurance with a company for which the bank does not act as an intermediary, the insurance costs are not known by the bank and will not be included in APR.
This loan has to be guaranteed through a mortgage over a real estate property and presumes concluding and maintaining until the end of the credit contract of a building insurance policy for the mortgaged property. The notary costs, the guarantee registration/cancelation/modification in Electronic Archive, the guarantee registration/cancelation/modification in Land Registry, as well as the real estate insurance is not known by the lender and therefore are not included in the calculation example.
Warning! By contracting this type of credit, you are subject to the following risks that may affect your ability to pay: fluctuations in your own income, variations in the IRCC reference index that may increase the interest rate and increase the monthly amount to be repaid.
In accordance with the legal requirements, we inform you that concluding a credit agreement in a currency other than the one in which you obtain your income exposes you to currency risk, which may affect your ability to pay. This risk occurs when the currency in which you contract a loan appreciates compared to the currency in which you collect the income or hold the assets based on which you are going to repay the loan, leading to an increase in the monthly payment amount.
We also inform you that you can conclude, at your own expense, an insurance contract for the financial risk of non-payment, offered by insurance companies.
The main advantages/disadvantages/risks associated with legal loan repayment methods:
- Constant annuity (equal rates):
- monthly rate consists of an increasing principal component and a decreasing interest component;
- increase in the reference index used for interest calculation can lead to an increase in the annuity, to an increase in the interest component and to a decrease in the principal component;
- in the first part of the crediting period, the monthly principal rate to be repaid is lower, compared to the other repayment option, the principal component of the total monthly rate being lower than the interest;
- the amount of the loan to which the applicant falls is higher;
- the rate of reduction/decrease of the credit balance is low;
- total interest paid is higher than in the case of decreasing rates.
- Equal principal (decreasing rates):
- monthly installment is composed of equal principal (throughout the duration of the loan) and decreasing interest;
- increase in the reference index used for interest calculation can lead to an increase in the total monthly rate and the interest component, without changing the principal component;
- in the first part of the loan, the monthly rate to be repaid is higher;
- the amount of the loan to which the applicant falls is lower;
- the rate of decrease/decrease of the credit balance is higher;
- total interest paid is lower than in the case of equal rates.
In both cases, the monthly interest due is the result of applying the interest rate to the loan balance (the amount representing capital remaining to be repaid).
The variation of the reference index used to calculate the variable interest, the value and duration of the loan influences the proportion of the principal and interest components that make up the monthly rate.
