Total Cost of Credit

Cost of credit calculator

Loan Infomation

Facility Type

Facility Currency

Type of Interest Rate

Interest Rate(Cycle/Base)

Credit Repayment Frequency

Proposed Security for the Facility

Cost of Purchase

Deposit Paid

Amount Borrowed

Interest Rate(%)

Requested Term of the Facilty (Months)

Asset Value

Bank Charges

(Fill in estimate rate or absolute value)

Rate %

Absolute Value

Negotiation Fees/Appraisal Fees

Annual Maintenance Fees

Mobile Banking Notification Charge

Other/Miscellaneous Charges

External Charges

(Fill in Third Party costs, estimates are provided as a % of the facility and collateral)

Rate %

Absolute Value

Credit Life Insuarance

Legal Fees

Stamp Duty

Valuation Fees

Property Insurance Fee

Brokerage Fees

Motor Vehicle Insuarance

Other/Miscallaneous Charges

COST OF CREDIT

Annual Interest Rate

Internal Charges

Total Charges

Total Amount to be Repaid

Monthly Payment (estimated repayment amount)

Annual Percentage Rate (APR estimate)

Credit Required

Number of Repayments

External Charges/Third Party Costs

Total Interest to be Paid (estimated)

Total Cost of Credit

The following Charges are levied by external parties and may be beyond the Bank's control:

Lawyers Fees: The amount indicated is charged by the appointed external Lawyers according to the Advocates (Remuneration) (Amendment) Order, 2014 (as varied or amended). It does not include VAT and disbursements as these will be clear after the Lawyers have completed their work.

Credit Life Insurance: The amount indicated above is charged by The Insurer on The basis of The Option selected by The borrower for The period of The Facility.

Government Levies: This means Excise Duty at 10% of the Application/Processing/Initiation/Arrangement/Commitment Fees charged.

Valuation Fees: The amount indicated is charged by the appointed Valuers according to the Land Valuers Licensing (Remuneration) Notice 2013 (as varied or amended). It does not include VAT and Disbursements as these will be clear after the valuation work is complete.

Security Registration Fee:The amount is payable to the Government Registry where the Security will be registered and has not been indicated within this online APR calculator.

Other Third Party Costs: There are other costs associated with the facility that may not be within the lender's purview and therefore have not been factored into this APR calculator.