PERSONAL LOANS

Loan Funding Samples.

So that you can count on the most accurate information, the financing examples on this page are updated periodically.

Personal Loan

APR: 13.6% for a personal loan example. Financed Amount: €10,000.00. Fixed Nominal Annual Rate (TAN): 10.000%. Term: 84 months. Monthly Installment: €168.09. Stamp Duty on Credit Usage: €181.28. Contract Opening Fee: €300.00. Total Amount Charged to the Consumer (MTIC): €14,818.19. Subscription of life insurance is mandatory (included in the APR), with a premium of €217.35.

 

The customer may choose to pay the premium at the beginning of the contract, finance and pay it over the term, or take out the insurance with any insurer, provided the conditions proposed by Montepio Crédito are met. All mentioned fees and charges are included in the APR calculation.

 

Credit subject to approval by Montepio Crédito. Banco Montepio, registered with Banco de Portugal under no. 36, acts as a tied credit intermediary on a non-exclusive basis. For more information, contact Montepio Crédito – Instituição Financeira de Crédito S.A., registered with Banco de Portugal under no. 0796.

Education and Health Loan
APR of 8.5% for a financing example of €9,000 over 96 months, with a Nominal Annual Rate (NAR) of 5.500% and monthly installments of €117.05. The APR includes the mandatory Individual Credit Protection Plan – Life Coverage for one borrower (€233.16 – Single Premium, paid at the beginning of the contract), a current account maintenance fee of €5.41/month, interest, and stamp duty on the use of credit and on interest. The Total Amount Charged to the Consumer is €12,147.80.
Car Loan

Combustion/Hybrid Vehicles

APR: 8.8% for an example of financing a new combustion vehicle through auto credit. Financed Amount: €20,000.00. Fixed Nominal Annual Rate (TAN): 6.500%. Term: 120 months. Monthly Installment: €229.75. Stamp Duty on Credit Usage: €359.04. Contract Opening Fee: €400.00. Total Amount Charged to the Consumer (MTIC): €29,020.50. Life insurance subscription is mandatory (included in the APR), with a premium of €691.46.

 

The customer may choose to pay the premium at the beginning of the contract, finance and pay it over the term, or take out the insurance with any insurer, provided the conditions proposed by Montepio Crédito are met. All mentioned fees and charges are included in the APR calculation.

 

Credit subject to approval by Montepio Crédito. Banco Montepio, registered with Banco de Portugal under no. 36, acts as a tied credit intermediary on a non-exclusive basis. For more information, contact Montepio Crédito – Instituição Financeira de Crédito S.A., registered with Banco de Portugal under no. 0796.

 

 

Electric/Plug-in Hybrid Vehicles

APR: 7.1% for an example of financing an electric vehicle through auto credit. Financed Amount: €20,000.00. Fixed Nominal Annual Rate (TAN): 5.000%. Term: 120 months. Monthly Installment: €214.09. Stamp Duty on Credit Usage: €359.04. Contract Opening Fee: €400.00. Total Amount Charged to the Consumer (MTIC): €27,141.30. Life insurance subscription is mandatory (included in the APR), with a premium of €691.46.

 

The customer may choose to pay the premium at the beginning of the contract, finance and pay it over the term, or take out the insurance with any insurer, provided the conditions proposed by Montepio Crédito are met. All mentioned fees and charges are included in the APR calculation.

 

Credit subject to approval by Montepio Crédito. Banco Montepio, registered with Banco de Portugal under no. 36, acts as a tied credit intermediary on a non-exclusive basis. For more information, contact Montepio Crédito – Instituição Financeira de Crédito S.A., registered with Banco de Portugal under no. 0796.

Renewable Energy Loan
APR of 8.5% for a financing example of €10,000 over 96 months, with a Nominal Annual Rate (NAR) of 5.500% and monthly installments of €130.06. The APR includes a contracting fee (€52.00), the mandatory Individual Credit Protection Plan – Life Coverage for one borrower (€259.07 – Single Premium, paid at the beginning of the contract), a current account maintenance fee of €5.41/month, interest, and stamp duty on the use of credit and on interest. The Total Amount Charged to the Consumer is €13,491.63.

You can always choose an insurer of your choice, as long as the insurance contract safeguards a level of guarantee equivalent to that of the contract proposed by the lender.

Each order is subject to credit risk analysis.

The information presented does not dispense consulting the legally required pre-contractual and contractual information.

Therefore, before taking out a loan,  you should clarify all doubts, read the contract  and particular financing conditionscarefully  and make sure that the installments are suitable for your monthly budget.