I determine the attention in regards to our Individual Instalment Mortgage on a reducing harmony
Costs
Customer sector |
Amount borrowed |
Loan amount >= VND 200 billion |
Employee Financial Services (EBS) people 2 |
% p.a great. |
% p.a beneficial. |
Biggest consumers |
% p.a. |
% p.good. |
Some other clients |
% p.a. |
% p.a great. |
Customer sector |
Staff Banking Services (EBS) customers dos |
Amount borrowed |
% p.an effective. |
Amount borrowed >= VND 2 hundred million |
% p.a beneficial. |
Customers segment |
Biggest people |
Loan amount |
% p.a great. |
Loan amount >= VND 200 million |
% p.good. |
Customer sector |
Other customers |
Loan amount |
% p.an effective. |
Loan amount >= VND two hundred billion |
% p.a beneficial. |
Payment types of |
Commission speed |
Application fee |
Totally free |
Late percentage rate of interest |
150% of appropriate interest rate and you can costs for the overdue idea |
Very early percentage fee |
step three% for the prepaid principle (just full payment was desired) |
Fee method of |
Software percentage |
Payment price |
Free |
Percentage method of |
Later fee interest rate |
Payment rate |
150% out of applicable interest rate and you will charge into the delinquent principle |
Fee sort of |
Early fee percentage |
Payment rate |
3% to your prepaid service concept (simply full repayment are desired) |
Exemplory instance of interest computation
Times |
Concept |
Appeal |
Instalment |
1 |
5,one hundred thousand,one hundred thousand |
cuatro43,83six |
5,443,836 |
2 |
5,100,one hundred thousand |
443,836 |
5,443,836 |
3 |
5,one hundred thousand,000 |
443,836 |
5,443,836 |
4 |
5,100000,100 |
443,836 |
5,443,836 |
5 |
5,000,100000 |
443,836 |
5,443,836 |
6 |
5,100,100000 |
443,836 |
5,443,836 |
eight |
5,100000,one hundred thousand |
443,836 |
5,443,836 |
8 |
5,one hundred thousand,100000 |
443,836 |
5,443,836 |
nine |
5,000,100000 |
443,836 |
5,443,836 |
10 |
5,000,000 |
443,836 |
5,443,836 |
eleven |
5,one hundred thousand,100 |
443,836 |
5,443,836 |
several |
5,000,100 |
443,836 |
5,443,836 |
Total |
60,000,100 |
5,326,027 |
65,326,027 |
Month |
1 |
Principle |
5,one hundred thousand,100 |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
2 |
Principle |
5,one hundred thousand,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
3 |
Principle |
5,100000,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
4 |
Principle |
5,100000,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
5 |
Principle |
5,000,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
6 |
Principle |
5,100,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
7 |
Principle |
5 payday loans Chester SC,000,100 |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
8 |
Principle |
5,000,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
9 |
Principle |
5,one hundred thousand,100000 |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
10 |
Principle |
5,one hundred thousand,one hundred thousand |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
11 |
Principle |
5,one hundred thousand,100 |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
12 |
Principle |
5,100,100 |
Interest |
443,836 |
Instalment |
5,443,836 |
Month |
Total |
Principle |
60,one hundred thousand,one hundred thousand |
Interest |
5,326,027 |
Instalment |
65,326,027 |
Month |
Principle |
Interest |
Instalment |
1 |
4,576,165 |
788,548 |
5,443,568 |
2 |
4,763,722 |
727,370 |
5,443,568 |
3 |
4,799,962 |
665,387 |
5,443,568 |
4 |
cuatro,840,852 |
602,590 |
5,443,568 |
5 |
4,868,533 |
538,968 |
5,443,568 |
6 |
cuatro,984,294 |
474,509 |
5,443,568 |
7 |
5,020,310 |
409,203 |
5,443,568 |
8 |
5,088,488 |
343,039 |
5,443,568 |
9 |
5,166,818 |
276,006 |
5,443,568 |
10 |
5,213,838 |
208,091 |
5,443,568 |
11 |
5,312,600 |
139,284 |
5,443,568 |
12 |
5,364,418 |
69,573 |
5,363,325 |
Total |
sixty,100,000 |
5,242,568 |
65,242,568 |
Month |
1 |
Principle |
cuatro,576,165 |
Interest |
788,548 |
Instalment |
5,443,568 |
Month |
2 |
Principle |
4,763,722 |
Interest |
727,370 |
Instalment |
5,443,568 |
Month |
3 |
Principle |
cuatro,799,962 |
Interest |
665,387 |
Instalment |
5,443,568 |
Month |
4 |
Principle |
4,840,852 |
Interest |
602,590 |
Instalment |
5,443,568 |
Month |
5 |
Principle |
cuatro,868,533 |
Interest |
538,968 |
Instalment |
5,443,568 |
Month |
6 |
Principle |
cuatro,984,294 |
Interest |
474,509 |
Instalment |
5,443,568 |
Month |
7 |
Principle |
5,020,310 |
Interest |
409,203 |
Instalment |
5,443,568 |
Month |
8 |
Principle |
5,088,488 |
Interest |
343,039 |
Instalment |
5,443,568 |
Month |
9 |
Principle |
5,166,818 |
Interest |
276,006 |
Instalment |
5,443,568 |
Month |
10 |
Principle |
5,213,838 |
Interest |
208,091 |
Instalment |
5,443,568 |
Month |
11 |
Principle |
5,312,600 |
Interest |
139,284 |
Instalment |
5,443,568 |
Month |
12 |
Principle |
5,364,418 |
Interest |
69,573 |
Instalment |
5,363,325 |
Month |
Total |
Principle |
sixty,100000,100 |
Interest |
5,242,568 |
Instalment |
65,242,568 |
Whilst the attract paid toward cutting equilibrium mortgage looks higher, it is less than the interest reduced toward fixed balance loan, on account of different appeal computation measures.