Within CaixaBank you are helped by us to learn

Investigation from the among the best Stores and you may reach the goal your establish CaixaBank supporting young adults just who, as you, invest element of its time for you to finding your way through its professional upcoming

Matter University fees fees and you can related costs step three (minute.step 1.000€) University fees charge and you can associated expenses step three
Full loan lives 10 weeks To 10 years
Money elegance several months zero elegance several months Up to five years 4
Availableness Just one fee Yearly otherwise half-annual 5
Interest rate 0% step three.9% 6
Apr Apr regarding six.90% as much as % 6 Apr step three.97% 7
Start-right up fee 3% (min. €50) 0 %
Assessment fee 0 % 0 %
Fees fee 0 % 0 %
Early cost fee 0 % 0 %

2. All of the fund is susceptible to earlier studies of your applicant’s solvency and you can repayment strength, in accordance with CaixaBank’s risk formula.

step three. To finance charge, certified data files exhibiting the price and you can time of the category have a tendency to be required about college or university in which the candidate is going to investigation.

Studies at among the best Centers and you can reach the objective your establish CaixaBank supports young adults which, as you, invest section of their time to finding your way through their elite group future

4. The interest-just months try recommended. In those days, the consumer can draw off money from extent approved. In addition to monthly payments will only function as attention toward investment removed down, however, zero money will be paid back over this era. No more currency can be taken down after the notice-merely several months. The amount paid off with an intention-just several months is more than extent reduced without interest-merely months.

5. The quantity required need to be given when obtaining the fresh new loan, no matter if it will likewise be taken down in different age or words. And therefore the amount called for from one total need to be given yearly otherwise name. Funds can just only feel pulled off immediately after annually or half dozen days, for the cost of charge and study expenses, and you can in the appeal-merely months. This new student would need to offer research they’ve passed 70% of the credits in the earlier in the day season in advance of they are able to mark off money. Might therefore need to promote both matriculation documents and bank commonly be sure 70% of 1 year’s credits are different towards the of them in the season before.

6. Effective ount. French-style repayment system. Representative example. Effective Annual percentage rate: 6.90 % calculated for a loan of €10,000 over a ten-month term. Nominal ount repayable: €10,300 (€10,000 capital + €0 interest + €300 arrangement fee). Total cost of credit: €300. Monthly repayment amount: 10 instalments of €1,000. Representative example 2: % Apr, calculated for a loan of €1,000 over a ten-month term. NIR 0%. Total amount repayable €1,050 (capital €1,000 + interest €0 + arrangement fee €50). Total cost of the loan: €50. Monthly repayments: 10 instalments of €100.

7. Graduate/Master’s Student Loan. French-style repayment system. Representative example with no interest-free period: Energetic Annual percentage rate step 3.97% calculated for a loan of €10,000. Nominal ount repayable: €11, (€10,000 capital + €1, interest). Total cost of credit: €1,. Monthly repayment amount: 59 instalments of € and a final instalment of €. Representative example with an interest-free period: Productive Apr step three.97% calculated for a loan of €10,000 where 25% of the loan capital payday loans in Nebraska is drawn down each year over the first four years. Nominal orisation period: 5 years. Total term of the transaction: 10 years. Total amount repayable: €12, (€10,000 capital + €2, interest). Total cost of credit: €2,. Monthly repayment amount during the interest-only period: €8.13 for the first year, € for the second year, € for the third year and € for the fourth and fifth year. Monthly repayment amount during the amortisation period: 59 instalments of € and a final instalment of €183,99.