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)