You request an assessment
You fill in a short GDPR-protected form at FinCity — name and contact details. The financial details are discussed in the conversation. No documents and no credit register check at this stage.
≈ 2 minutesBuyer guides · step 1
The real budget first. Then the right property.
Before you look at a single listing, there is one question that shapes everything that follows: how much can you genuinely spend. The answer is often higher than you expect — and when it is lower, far better to know now than after months of searching and a deposit already paid. This page explains why working out your budget first is the strongest move a buyer can make.
- ✓free and without commitment
- ✓no credit register check at this stage
- ✓a personal FinCity credit adviser
- ✓your data — protected under GDPR
How it works
Three steps to a clear figure.
Automatic preliminary assessment
Based on what you have provided, FinCity produces an automatic indicative range for your purchasing power, in line with the Bulgarian National Bank's current requirements, and sends it to you.
within a few hoursA personal conversation with an adviser
A FinCity credit adviser contacts you, refines the assessment and answers your questions. If you wish, the budget goes into your FinHome profile and your personal selection begins.
within 1 working dayWhy budget first
The five reasons informed buyers start here.
Working out your budget is not a formality, and it is not a step that exists to serve the platform. It is directly in the buyer's interest — and here is exactly why.
1. What you can afford is often more than you think.
Most people underestimate their purchasing power. Two household incomes, additional income properly accounted for, a realistic loan term and the current interest rate environment often add up to a higher budget than expected. The opposite happens too — and then it matters even more to know early. How much to spend is entirely your decision; but making it without knowing your ceiling is like negotiating without knowing your own cards. Knowing widens your options rather than narrowing them.
2. A real budget takes the tension out of both sides of the table.
A buyer with a budget is a checked, validated, solvent buyer — and that changes every conversation that follows. For the seller, the biggest fear disappears: that the deal will collapse over financing. For you, the position becomes unambiguous — you are not "another person having a look", you are someone with a clear capacity to act. Negotiations, deadlines and transfers all proceed in a calmer way when both sides know that what is opposite them is certainty rather than hope.
3. You go to viewings that mean something, instead of touring for months.
A budget turns dozens of aimless viewings into a handful of meaningful ones. You know exactly which price range and which locations you have a real chance in, and you look only there. The alternative is familiar and painful: weeks and months of searching, dozens of viewings, becoming emotionally attached to a property — and then ten minutes with a credit adviser in which the dream falls apart. Formally nobody is at fault in that process, beyond the fact that the buyer set out unprepared. But the lost time is real: your time, your hopes, your plans.
4. You avoid the most expensive scenario: a deposit on a purchase you cannot finance.
The worst outcome is not lost time. It is when an unprepared buyer reaches a preliminary contract, pays a deposit or a reservation fee — and only then the bank declines the financing. The result is lost money, a failed transaction and legal complications nobody wanted. Working out the budget in advance removes that risk right at the start, when removing it costs nothing. That is the difference between an informed decision and an expensive disappointment.
5. The GDPR declaration is not bureaucracy — it is your guarantee.
To give you a precise, personalised answer about your specific circumstances, the credit adviser has to work with your real data. This is exactly where the GDPR declaration works in your favour: by signing it you are not exposing yourself to risk — on the contrary, you place a legal obligation on whoever processes your data to protect it and use it only for the purpose you gave it for. The declaration is both your protection and the instrument that lets the adviser do the job properly and unambiguously — to give you the most personalised answer possible about the terms of future financing, rather than generalities. Without data, only assumptions. With data and protection, specifics.
In short: working out your budget gives you more clarity, a stronger position, less wasted time and zero risk of putting a deposit on an unreachable purchase — in exchange for one declaration that works for you, not against you.
Find out your real budget — free and without commitment.
The request is handled by FinCity — a credit adviser and an independent data controller. You will receive an indicative assessment of your purchasing power and a personal conversation with an adviser. Your data is protected by a GDPR declaration that obliges FinCity to safeguard it and use it solely for your assessment.
Request a budget assessment from FinCity →The request is not a loan application and does not trigger a check in the Central Credit Register. FinHome is neither a credit intermediary nor a credit institution — the assessment is carried out by FinCity. Consent is voluntary and can be withdrawn at any time.
Common questions
Transparency before trust.
Is this a loan application?
No. It is a preliminary, non-binding assessment of your purchasing power. No check is made in the Central Credit Register, no income documents are required and no loan application is submitted. If you later decide to apply, that is a separate process with your explicit involvement.
What happens to my personal data?
The data from the form is passed only to FinCity — a credit adviser acting as an independent data controller under GDPR — solely for the purposes of the budget assessment and contacting you. FinHome does not sell personal data to third parties. You can withdraw your consent and request deletion at any time.
How much does it cost?
The preliminary budget assessment and the consultation are free for the buyer. Credit advisers in Bulgaria are as a rule paid by the banks when a loan is actually concluded, not by the client at this stage.
Am I obliged to use FinCity for my mortgage?
No. The assessment is a reference point you can use as you see fit — including applying directly to a bank of your choice. FinHome's aim is for the process to start from a realistic position, not to tie you to anyone.
How accurate is the preliminary assessment?
It is an indicative figure, calculated from the data you declare and the current requirements of the Bulgarian National Bank (a maximum of 85% financing against the property's value, up to 50% of net income for payments on all obligations, a term of up to 30 years). The exact approved amount is determined only by a bank after a full check of documents.