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*Average monthly repayment cost based on an example rate of 5.52%, a start-up fee of SEK 0 and cost-free direct debit (autogiro) repayments. The representative rate is currently 5.66%
Understanding the numbers
*Interest is variable and is set on an individual basis, currently 3.54% – 12.42% as of 08JUL2015) and is determined following a credit check. The effective rate of interest is currently 5.66% for a loan of SEK 100,000 with equal repayments over 8 years at 5.52% representative interest and payments made via direct debit (autogiro). In the example given, average monthly payments would be SEK 1274 and the total amount paid would be SEK 122,310.