From 4.25% fixed NIR (4.50% APR) if you direct deposit a paycheck or pension with BBVA.
Up to 5.25% fixed NIR (5.54% APR), if you don't direct deposit a paycheck or pension with BBVA.
*4.25% fixed NIR (4.50% APR) if you direct deposit a paycheck or pension with BBVA. 5.25% fixed NIR (5.54% APR) if you don't direct deposit a paycheck or pension with BBVA. Offer valid for online loans from May 11 to July 25, 2022, for up to €20,000 with a single borrower. The product is not available at BBVA branches.
Financing subject to approval from Banco Bilbao Vizcaya Argentaria, S.A.
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR) | With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR) |
|---|---|
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR)
Loan amount €10,000 |
With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR)
Loan amount €10,000 |
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR)
Term 96 monthly payments |
With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR)
Term 96 monthly payments |
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR)
Monthly payment €127.79 |
With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR)
Monthly payment €123.06 |
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR)
Commitment fee 0% until July 25, 2022 |
With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR)
Commitment fee 0% until July 25, 2022 |
| With paycheck or pension not direct deposited, 5.25% fixed NIR (5.54% APR)
Total amount owed €12,340.18
|
With a paycheck or pension direct deposited 4.25% fixed NIR (4.50% APR)
Total amount owed €11,885.68 |
When calculating the APR, €0.75 per month was applied for the monthly mailing of informational loan statements. This expense will only apply to customers who request the statement by postal mail. Does not apply to customers who receive their statement via digital channels.
Calculations based on loan being signed on the last day of the month.
Total or partial early repayment fee on the unpaid amount: 0.50% if the outstanding payment period does not exceed 12 months, and 1% otherwise.
With the home remodeling loan, you can renovate your home to make it more comfortable, to change how it looks and turn it into something new, to upgrade a specific room or to improve it with a view to selling it. Regardless of your ultimate goal, BBVA will help you achieve it with this loan that ranges from €3,000 to €20,000, from 4.25% fixed NIR (4.50% APR) with paycheck or pension direct deposited with BBVA up to 5.25% fixed NIR (5.54% APR) with paycheck or pension not direct deposited with BBVA, repayable in up to 96 installments (8 years).
And, if you wish, you won't have to send any financial documentation when you apply for the home remodeling loan, because we'll check your financial details securely and anonymously by connecting with your usual bank, using your own login password. This will allow us to deposit the amount of this home remodeling loan in approximately 8 working hours into the account you choose.
But if you prefer, you can also apply for the home remodeling loan by sending us the documentation (ID number, pay stub, work history, etc.).
Apply for the Home Remodeling Loan
The home remodeling loan has a 2.30% commitment fee. However, through July 25, 2022, this fee is €0.
If you decide to repay all or part of your loan before the end of the term indicated in the application, you will have to pay an early payment fee of 0.50% of the unpaid principal if fewer than 12 months remain to pay off the loan, or 1% if more than 12 months remain.
