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Representative Example On How The Repayment Are Calculated
Total Charges Imposed From Us
Upfront Administrative Fee | Interest Rate (Per Month) | Term (Period) |
---|---|---|
10% | 1 to 3.92% | 1 to 36 Months |
Representative Example 1
Loan Amount | $10,000 |
Upfront Administrative Fee | $1,000 |
Interest rate (Per Month) | 4% |
Interest (Per Month) | $400 |
Total Repayment | $10,400 |
Representative Example 2
Loan Amount | $10,000 |
Upfront Administrative Fee | $1,000 |
Interest rate (Per Month) | 4% |
Term (Period) | 12 Months |
Monthly Repayment | $1,060.38 |
Total Amount Payable | $12,724.51 |