Financing example
APR: 7.7775%
APR calculated based on a nominal interest rate (NIR) of 4.3050%, 6-month Euribor, and a spread of 2.25%, or, if higher, based on a NIR of 2.25%—the rate corresponding to the operation’s spread—for a loan of 50,000 Euros over 60 months with a 6-month grace period and monthly interest payments. Initial fees: €1,925.00. Ongoing fees (annual): €1,000.00. Insurance premiums: Not mandatory.