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Consumer loan

  • Credit amount from 300 Eur to  40 000 Eur
  • Interest rate from 7,9 %
  • Repayment term from 4 months to 7 years
  • Agreement fee – 1,5 % of credit amount (min. 50 EUR)

Home equity loan

  • Credit amount depends on client's financial situation and collateral
  • Interest rate considered individually
  • Repayment term – up to 15 years
  • Agreement fee – 0,5 % of credit amount (min. 250 Eur)

Home loan and home equity loan typical example for calculating annual percentage rate
If a loan of EUR 50,000 secured by real estate collateral is granted for the period of 25 years and 300 loan instalments based on the annuity method will be made, the total amount to be paid by such borrower will make EUR 69,293.76, monthly instalment – EUR 225.24. The annual percentage rate will make 2,82 per cent. Annual percentage rate showing the total cost of a loan is calculated by including the below instalments made within the entire loan period: 2.50 per cent variable interest; EUR 250 agreement fee and one-off transfer fee of EUR 5; EUR 31.28 mortgage (pledge) registration fee; EUR 0.70 per month minimum fee for main banking services; EUR 49 dwelling insurance annual premium Note. Property valuation costs are not included. Annual percentage rate and the total amount to be paid by the borrower are calculated considering that the loan is disbursed on the agreement signature date and that the terms of the agreement, interest rate and fees do not change within the entire loan period, and the terms and conditions of the agreement are timely implemented. If you fail to fulfil or unduly fulfil the terms of the loan agreement, the risk exists that you may be deprived of the ownership right to the pledged real estate. The mortgaged real estate must be insured in favour of the bank during the entire loan period.

Consumer loan example of calculating the annual percentage rate of charge
If you received a EUR 3,000 consumer loan in euros for 5 years, the total amount payable by the consumer would be EUR 4,093.67, monthly payment will be EUR 66.65. The amount includes the consumer loan interest paid over the loan maturity (12 per cent interest rate was applied) the administration fee EUR 50 and the account maintenance fee EUR 0.70. In this case the annual percentage rate of charge would be 14.25 per cent. The annual percentage rate of charge is provided to help you compare different offers.