Anytime you need it!
- Up to 31.000,00 EUR
- Repayment period to 10 years
- Combined interest rate
Advantages of the loan:
- Combined interest rate with a fixed period of use up to 3 years
- The possibility of contracting insurance for the loan beneficiary in case of inability to repay the loan
- Fast, flexible and simple to implement
Representative example of the calculation and assumption for the calculation of EIR:
|
Loan currency
|
EUR
|
|
Loan amount
|
8.000,00 EUR
|
|
Nominal interest rate*
|
6,80% fixed first 3 year, after that a variable** consists of fixed part of 3,09% and variable part that is linked to 6M EURIBOR (3,707%) |
|
Repayment term in years
|
5
|
|
Fee (0,3%)
|
24,00 EUR
|
|
The cost of maintaining a transaction account
|
1,59 EUR monthly
|
|
The cost of the fee for payment transaction
|
13,27 EUR one time
|
|
Annuity
|
157,66 EUR
|
|
Effective interest rate***
|
7,67%
|
|
Total amount****
|
9.459,32 EUR
|
* For the calculation example, the nominal interest rate valid for clients who have or will have client Status within 60 days when loan disbursement was used.
**The variable interest rate is defined as the sum of the fixed part in the amount of 3,09% and 6M EURIBOR for EUR
***EIR is calculated on the stated amount of the loan, with the stated repayment period, with the monthly cost of maintaining the account in the amount of EUR 1.59, the loan processing fee 0.30% of the loan amount, intercalary interest for the whole month and payment transaction costs in the amount of EUR 13.27
****The total amount to be repaid includes the principal amount of the loan, and the interest calculated until the end of the loan repayment increased by the amount of intercalary interest for the whole month, assuming that the specified variable interest rate is valid until the end of the loan repayment, along with the monthly cost of keeping the account in the amount EUR 1.59, loan processing fee 0.30% of the loan amount and payment processing costs in the amount of EUR 13.27.
Intercalary interest is equal to regular interest, it is calculated on the used part of the loan until the loan is put into repayment, and it is charged immediately when the loan is disbursed.
Before credit will paid out the user will be given European standardized information form (ESIS form) with the exact total amount to be paid and the calculation of EIR.