Typical example. If the amount of an idea loan is EUR 60,000, the variable annual interest rate is 5.50 %, a one-off agreement fee is EUR 0, the contract duration is 20 years, the monthly account maintenance fee is EUR 1.30, the mortgage registration fee for SE Centre of Registers is EUR 8.60, and 240 repayments are made by annuity, then the monthly payment will be EUR 414, the total amount paid by the borrower EUR 99,161.00, and annual percentage rate of charge (APR) – 5.68 %.
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.
