Full Cash Collateral Loan
Based on the assumption that 6 month fixed deposit rate is 0% plus margin of 1%. View interest rates
APR is calculated based on the representative example shown below
6 months – 10 years
*In case of early loan repayments, there is the possibility of a prepayment fee. See the relevant formula in our Commissions and Charges table
What securities are requested for a Full Cash Collateral Loan?
The loan is priced based on the interest rate of the fixed term cash collateral plus 1%
- A processing fee of 1% of the amount of the facility, with a minimum fee of €50, will be charged at the opening of the facility
- Documentation fees of €50 are applicable to all facilities for individuals that are less than or equal to €30,000, and €80 documentation fees for facilities for individuals that are greater than €30,000
- For more information on our charges, you can view our Commissions and Charges table
At Ancoria Bank, we want to make sure you have all the information you need at all times. We’ve provided a representative example, that you can use as a guide.
TOTAL AMOUNT PAYABLE
**APR (Annual Percentage Rate) has been calculated on the 09/01/2023 and is based on the following information:
- Interest Rate: Fixed Term Interest Rate 0.00% + margin 1% (total interest rate 1%)
- Initial charges: Processing fees of 1% charged on facility amount (€100) and documentation fees of €50
- Loan amount of €10,000
- Loan term of 8 years
Warning: If you fail to meet your loan repayment plan secured by mortgage, your home/property may be repossessed.
Warning: There are charges for early loan repayment (Find out more at the links: Commissions and charges & Prepayment penalty for fixed rate loans).
Warning: In case of variable interest rates, the instalment amount and total cost of the facility may increase or decrease depending on variations in the base rate.
Disclaimer: Ancoria Bank Ltd may at its choice, reject an application/business relationship for legal, regulatory or other reasons and withdraw or amend any plan, at any time. The granting of credit facilities is subject to the granting of security acceptable to the Bank. In certain cases, the offer which Ancoria Bank Ltd may make, may differ, following an assessment of your personal financial and other circumstances.
With our Loan Calculator, you can get an instant look at:
- What your indicative monthly instalment will be
- Whether you may be eligible for the loan you want
You can then easily request a video or phone call with us to talk more about it. No strings attached.