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Summary

This is a consumer forward loan with monthly annuity payments, a fixed interest rate and a revocation..

Deal ID

731-RV_LN-Revo-Consumer-Annuity

Counterparty

731-RV - private customer

Characteristics

Nominal: EUR 1,500 (at deal start)

Term: 01.10.2018 - 16.09.2019

Interest Rate (p.a.): 6.0% / Day count convention: 30/360

Instalment amount: EUR 129.13 / payable monthly on 15th - starting on 15.10.2018

Business Day Convention: FA (Following Business Day Adjusted)

Special features

  • Customer receives a forward loan with capital outpayment placed on 01.10.2018
  • Before outpayment date 01.10.2018 customer performs a revocation of the loan (cancellation of the loan is delivered in this case)