Interest rates and charges

 Both the interest rates for your personal loan and the charges payable over the loan term are shown in detail below.

 

Interest rates

Loan options

Pricing

APR

Estimated monthly instalment

Total payable amount 

Mortgage on property

Bank Base Rate + 2.75%

7,63%*

€227,43

€28.021,79

Personal Guarantee

Bank Base Rate + 4.00%

8,81%**

€201,72

€12.266,40

 

 

 The Bank’s base rate is 3,78%.

*The APR was calculated on 15/09/2017 for a loan of € 20,000 (estimated property value of € 150,000), 10 years repayment, (120 instalments), with variable interest rate (as shown on the table above), 1,00% arrangement fees and €50 loan documentation fees. The APR and the total payable amount include all stamp costs for the documents of the financing, valuation fees and a mortgage registration fee (1%) paid to the Land Registry. The example assumes that the client will provide life and fire insurance which will be assigned and the property will be mortgaged for the benefit of the Bank.

 

** The APR was calculated on 15/09/2017 for a loan of €10,000, with variable interest rate (as shown on the table above), 5 years repayment (60 instalments), without 1% arrangement fees and €50 documentation fees.

 

Charges

 

To learn more about charges, click here.

 

Warning:
The Bank reserves the right to reject any request at its discretion and to withdraw any product at any time. The interest rate and loan instalment may be changed by the Lender from time to time.

 

You run the risk of losing your real estate assets if you fail to keep up mortgage instalments or instalments on any other loan secured by a mortgage on your property

CONTACT US 800 00 800 / (+357) 2212 8000 EMAIL US