Cost Table
#The newest payable flat interest rate / payable business charges was at step three.5% p.a good. to have 1 year and you can a couple of years, and you will step three.0% p.an effective. having 36 months, forty eight days and 60 weeks. The brand new particular effective interest (EIR) was at six.40% p.a great. getting 12 months, six.58% p.a great. getting two years, 5.68% p.an effective. to have three years, 5.67% p.an excellent. to possess forty-eight months and you will 5.64% p.a beneficial. to have 60 months. EIR is the phrase of your comparable to this new flat focus rate / payable facility fees cited a lot more than using compounding and on an annualised interest / payable studio costs foundation.
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Qualification
- Month-to-month instalment payable have to be paid in complete along with any the overdue number on earlier declaration.