Representative example of housing loan: If the loan amount is EUR 110,000, the variable annual interest rate is 5.57 %, a one-off agreement fee is EUR 550, the contract duration is 25 years, the monthly account maintenance fee is EUR 1.30, the mortgage registration fee for SE Centre of Registers is EUR 8.60, and 300 repayments are made by annuity, then the monthly payment will be EUR 679, the total amount paid by the borrower – EUR 204,111.04 and annual percentage rate of charge (APR) – 5.79 %.
Pledged collateral must be insured. Notary fees, real estate evaluation, insurance costs and costs related to additional products and services if chosen by you are not known to the bank and therefore are not included in the annual percentage rate of charge. Your loan is guaranteed against your home. Your home may be repossessed if you do not keep up with repayments.
If a credit agreement is concluded in foreign currency, i.e. a credit is granted to a customer in a currency other than their income or the assets from which the credit is to be repaid, or in a currency other than that of the customer’s state of residence (the EU Member State), the change of the foreign currency compared to euro may significantly increase the amount of the credit and monthly payments.
Representative example of consumer loan: if the loan amount is EUR 9,000, the fixed annual interest rate is 9 %, the loan term is 60 months, the agreement fee is EUR 0, the monthly account commission fee is EUR 1.30, then the monthly payment is EUR 186.83, total repayment amount – EUR 11,287.80, the annual percentage rate of charge (APR) – 9.70 %.
