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🇧🇬Bulgaria mortgage rates

The average interest rate on new mortgages in Bulgaria was 2.42% in August 2026. It fell from 2.43% the previous month. A year earlier it was 2.81%. Over the period shown it has ranged from 2.40% to 5.28%. That is 1.18 percentage points below the euro-area average of 3.60% — the 20th of 21 member states that report it.

Mortgage rate · Bulgaria
2.42%
vs prev
▼ 0.01 pp
Bulgaria mortgage rate, last 10 years
Source: ECB (MIR) · data through August 2026 · updated 2026-10-05 · modifications: none

What this rate is

  • The average interest rate that banks in Bulgaria agreed with households on new loans for house purchase in August 2026, weighted by loan volume across all initial rate fixation periods, from floating to fixed for over ten years.
  • It includes renegotiated loans and excludes fees and other charges.
  • The ECB publishes it on the 23rd working day after the month ends.
  • It is not a rate you can be offered today, not a 10-year fixed rate and not what existing borrowers pay.
  • Before January 2026 this series covers only euro-denominated mortgages, a small minority of Bulgarian lending, most of which was in lev. From January 2026 it covers the whole market.
How the ECB compiles these statistics →

See the full mortgage rate ranking across all euro-area countries →

Mortgage rates and the ECB

In August 2026 the ECB deposit facility rate was 2.25%; the average rate on new mortgages was 0.17 percentage points above it.

The ECB has since set the deposit facility rate at 2.50%, effective 16 September 2026; this figure does not yet reflect that change.

The ECB does not set mortgage rates: banks do. The ECB collects these statistics to track how its policy reaches borrowers.

In August 2026, 99.7% of new mortgage lending in Bulgaria was at a floating rate or fixed for up to one year; the rest was fixed for longer. Euro-area average: 16.6%. Most new mortgages here are variable-rate, so ECB decisions pass through faster than in fixed-rate markets.

ECB rate decision →

Bulgaria mortgage rate — frequently asked questions

What is the average mortgage rate in Bulgaria?
2.42% in August 2026: the average rate banks agreed with households on new home loans, across all fixation periods.
Is this the mortgage rate I would be offered today?
No. It is an average of rates already agreed in August 2026, published about five weeks after that month ended. Offers depend on the bank, the fixation period and the borrower, and advertised rates can differ from agreed ones.
Are mortgage rates in Bulgaria rising or falling?
It fell from 2.43% to 2.42% in the latest reading (August 2026). A year earlier it was 2.81%.
Are mortgages in Bulgaria mostly fixed or variable?
In August 2026, 99.7% of new mortgage lending in Bulgaria was at a floating rate or fixed for up to one year; the rest was fixed for longer. Euro-area average: 16.6%. Most new mortgages here are variable-rate, so ECB decisions pass through faster than in fixed-rate markets.
How do ECB interest rate decisions affect mortgage rates in Bulgaria?
In August 2026 the ECB deposit facility rate was 2.25%; the average rate on new mortgages was 0.17 percentage points above it. The ECB has since set the deposit facility rate at 2.50%, effective 16 September 2026; this figure does not yet reflect that change.
How do mortgage rates in Bulgaria compare with the euro area?
It is the 20th-highest of 21 euro-area members that report it, against a euro-area average of 3.60%.

Bulgaria — more indicators

Mortgage rate in other countries