Representative example

If a mortgage loan of EUR 85 000 is granted for a term of 25 years, using the annuity method, with a variable interest rate of 5,49%, a one-time contract administration fee of EUR 425, a fee for registering a pledge of the property at the State Enterprise Centre of Registers of the Republic of Lithuania of EUR 8,60, and a fee of EUR 2 for the transfer of the loan proceeds, which would bring the total amount payable by the borrower to EUR 156 861,59 with an annual interest rate on the total amount of the loan at 5,68 %. The total number of payments is 300 and the monthly payment is EUR 521,42. The cost of notarial services, property valuation and home insurance are not known to the bank and are therefore not included in the overall model for calculating the annual percentage rate of charge.

A loan is only granted if the fulfilment of the obligations under the loan agreement is secured by a mortgage on immovable property. If you do not fulfil or do not properly fulfil the terms and conditions of the loan agreement, you are at risk of losing ownership of the mortgaged property and impairing your ability to borrow in the future. The mortgaged real estate must be insured for the benefit of the bank throughout the life of the loan.

Example of how to calculate the annual percentage rate of charge (APRC) for consumer credit:

If EUR 10,000.00 is borrowed, where the period of the loan agreement is 60 months, annual interest rate is 10.90%, agreement fee is 0.00% of the loan amount, i.e., EUR 0.00, agreement administration fee is 0.00% of the original loan amount, i.e., EUR 0.00 per month, monthly payment - 216.93 Eur, the total amount payable by the borrower will be EUR 13015.55, APRC will be 11.45%

The APRC and the total amount payable by the consumer borrower will be calculated based on the assumptions that the loan is disbursed on the date of signature of the agreement and that the contractual terms, interest and charges remain unchanged throughout the duration of the loan period, and that the terms and conditions of the agreement are fulfilled on time. Annual interest rate from 10.90% to 25%. Repayment term ranges from 6 to 120 months, depending on the purpose of the consumer loan. This calculator is for information only

The calculator result is preliminary, and it is not a commitment from the bank to grant credit. Fill out the application and receive the most accurate offer that best matches your needs and capabilities

The calculator result is preliminary, and it is not a commitment from the bank to grant credit. Fill out the application and receive the most accurate offer that best matches your needs and capabilities