Housing Loans

Loan amount

According to the creditworthiness of the client, equal to the purchase price set out in the preliminary purchase agreement, or up to 75% of the value of the offered collateral.

 

Additional services offered upon request:

  • credit card limit;
  • overdraft;
  • free mobile banking.
Loan purpose
  • Apartment/house purchase;
  • Upgrade/extension of living spaces in accordance with the submitted design, and the building permit;
  • Home loan refinancing with another bank 
Interest rate

When approving the loan, the interest rate is determined according to the regular monthly income (salaries, rents) as per the client’s payment account in the Bank, not lower than MKD 10,000.00 

Clients with regular monthly income (salaries, rents) in the Bank, not lower than MKD 10,000.00 

  • 3.95% fixed for the first five years
  • 5.95% variable for the remaining period

 Variable interest rate –1-month EURIBOR rate – average for the period between two subsequent interest rate setting points (for the period 01.01.2019-30.06.2019 = -0.37%) + 6.31 p.p., but not lower than 5.95%.

Other clients 

  • 5.50% fixed for the first five years
  • 7.50% variable for the remaining period

 Variable interest rate – 1-month EURIBOR rate – average for the period between two subsequent interest rate setting points (for the period 01.01.2019-30.06.2019 = -0.37%) + 7.86 p.p., but not lower than 5.95%.

Loanrepayment term

Up to 360 months with possibility of an included grace period of up to 12 months

Fees
  • No loan application review fees
  • Approval fee: 0.5% of the approved amount
Early repayment charge
  • 0% charge for early repayment using own funds
  • 5% in case of loan refinancing by another bank
Collateral

Mortgaged real property

Criteria

Clients must be at least 18 and no more than 70 years old, including the loan term.

Any additional income that can be documented will be taken into account when appraising the creditworthiness of the clients according tothe Bank's assessment.

Documents

1. Documents demonstrating clients’ financial creditworthiness

  • Loan application;
  • Statement on affiliated entities for the applicant and co-applicant(s);
  • ID card of the applicant/co-applicant;
  • Certificate of Employment and Personal Income / Statement-Consent for Placement of an Attachment of Earnings, and an Attachment of Earnings against the applicant and co-applicant(s) (two copies for each applicant);
  • Transaction Account Statement showing income from salaries/wages for the last 3 months (for private sector employed clients without salary in UNIBank);
  • Employment Agreement, or an M1/M2 Form, only for clients employed with private sector companies (if necessary);
  • Other documents demonstrating income earned;
  • Other loan-related agreements

2. Property documents

  • ID Card of the property owners;
  • Title deed for the property to be mortgaged (Property Sheet);
  • Document showing the family status of the owners of the property proposed as collateral (Marriage or Birth Certificate);
    * Not mandatory when submitting the loan application – the client is only required to present the document to the Notary Public;
  • Additional documents as requested by the Bank.