Anytime you need it!
- Up to 31.000,00 EUR
- Repayment period to 5 years
- Fixed interest rate
Advantages of the loan:
- The possibility of contracting insurance for the loan beneficiary in case of inability to repay the loan
- Fast, flexible and simple to implement
- Fixed interest rate for the entire loan repayment period
Representative example of the calculation and assumption for the calculation of EIR:
|
Loan currency
|
EUR
|
|
Loan amount
|
10.000,00 EUR
|
|
Nominal interest rate*
|
5,80% fixed |
|
Repayment term in years
|
5
|
|
Credit insurance policy - CPI (one-time)
|
104,00 EUR
|
|
The cost of the fee for payment transaction (one-time)
|
1,70 EUR
|
|
Annuity
|
192,40 EUR
|
|
Effective interest rate**
|
6,41%
|
|
Total amount***
|
11.543,98 EUR |
* For the example calculation, the nominal interest rate for clients without Client Status was used
**EIR was calculated based on the specified loan amount, repayment period, credit insurance policy (CPI) cost of EUR 104.00, interim interest for the entire month, and payment transaction cost of EUR 1.70.
***The total repayment amount includes the loan principal, interest calculated until the end of the loan repayment period, increased by the interim interest for the entire month, the credit insurance policy (CPI) cost of EUR 104.00, and the payment transaction cost of EUR 1.70.
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.