General Features:

1. Variable interest rate (based on your relationship with MoraBanc*) composed of Euribor plus the agreed-upon differential**.

• From Euribor** + 0.50%
• Up to Euribor** + 1.25%

2. Maximum loan amount:

• 95% of the lower of the purchase value and the appraisal value***.

3. Term and amortization:****

• Up to 30 years.

4. Loan-related fees:

• Opening commission: 0%.
• Partial cancellation commission: 0.50%.
• Total cancellation commission: 0.50%.
• Capital and interest grace period: None.
  

5. Financing is subject to evaluation and approval by MoraBanc.

6. The information obtained from the interest simulation for the loan does not constitute an offer, as the interest rates are purely informational.

Documentation and Requirements for the Application:

1. Documentation for evaluation:

• Passport/ID.
• Residence and work permits.
• Direct debit of bills/CASS.
• Dealer's quote to formulate the proposal, reflecting the Engega plan discount.

2. Requirements for loan formalization:

• Residence in the country for more than 12 months.
• Employment with the current company for more than 6 months.
  
• Salary domiciled with MoraBanc.
• Appraisal with an age not exceeding 6 months, starting from the formalization date. The appraisal must be carried out by a valuation company authorized by the Bank of Spain and intended for mortgage guarantee purposes.
• Purchase/sale commitment (preliminary sales contract or sales promise contract).
• Copy of the energy certificate showing the property's energy label, provided by the selling party in the sales deed.
• Formalization of the operation before a notary.
• Building insurance.
• Contents insurance.
• Life insurance in favor of the bank.
   

Other Conditions:

* Bonuses for the relationship with MoraBanc in the simultaneous contracting of any of the following products (up to 0.75%):

• Investment:
  • MoraBanc Funds (0.25%)
• Insurance (with Mora Assegurances):
  • Disability (0.25%)
  • Health / Premium Health (0.25%)
• Savings – Provision (with Mora Assegurances):
  • Pension Plan (0.25%)
  • Retirement Plan (0.25%)
• Energy Efficiency Improvement Certificate:
  • Class A or B (0.25%)

If you open a new account, we will provide you with a minimum 3-month window to fulfill all the bonuses, and you will be informed of possible changes in the interest rate if your relationship increases or decreases.

** You can choose between Euribor 3 months, 6 months, or 1 year. The interest rate will be reviewed with the chosen Euribor periodicity. If Euribor is negative, Euribor = 0% + differential will be applied.

*** The property price must be less than €500,000.

**** The monthly installment amount cannot exceed 35% of the effort percentage, the coefficient between annual installments plus rent (if there is no mortgage) and net fixed income (annual net income after IRPF and CASS). The maximum term is your retirement age. Additionally, you can choose the payment date for the installment.