||1.5 % of the loan amount, min 60 €
|Increasing the loan amount
||1 % of the additional amount, min 30 €
|Changing the monthly payment date
||Once a year free of charge
|Changing other terms and conditions of the loan contract
||1 % of the loan balance, min 30 €
|Early repayment of the loan either in part or in full
||Free of charge if notice is given 3 months before; in other cases interest is calculated for up to 3 months on the amount that is repaid early. Early repayment of a loan without real estate collateral is free
|Changing the co-borrower
|Changing the collateral
|Penalty for failure to submit the insurance policy of the collateral
How is the interest rate calculated?
Annual percentage rate for the consumer loan
For example, when taking a consumer loan in the sum of 5000 euros without real estate security, a floating loan interest of 16.4% a year, loan period 60 months and agreement fee 75 euros, the preliminary percentage rate of charge is 17.10% and the total sum of payments to repay the credit and cover the total cost of credit is 7434.33 euros.
- The interest rate for a loan is made up of the base rate and an additional margin that is set individually for each customer.
- The individual margin depends on the size of your income and liabilities.
- The base rate for a loan is Nordea EUR Prime.
You can find additional information on annual percentage rates on the website of the Consumer Protection Board