- Up to 5.000,00 EUR
- Repayment term up to 5 years
- Fixed interest rate for the entire loan repayment period
- Without guarantors
- No deposit
A representative example of calculations and assumptions for the calculation of EIR:
| Loan currency |
EUR |
| Loan amount |
3.500,00 EUR |
| Nominal interest rate* |
6,60% fixed
|
| Repayment term in years |
5 |
| Fee (0,30%) |
10,50 EUR |
| The cost of the payment transaction fee |
13,27 EUR one time |
| Annuity |
68,65 EUR |
| Effective interest rate |
7,10% |
| Total amount |
4.118,65 EUR
|
*For the calculation example, the nominal interest rate valid for clients without Client Status was used.
**EIR is calculated on the stated amount of the loan, with the specified repayment term, the loan processing fee of 0.30% of the loan amount, intercalary interest for the whole month and payment transaction costs in 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, the loan processing fee 0.30% of of the loan amount and payment transaction 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.