1. How pricing is determined
The price of financing is stated in the individual offer and agreement for the company. Before signing, compare the interest rate, fees, total amount payable and the number and amount of instalments.
2. Interest
Interest is the price of using the financing. The agreement states whether the rate is fixed or variable, how interest accrues and, for variable interest, how and when the rate may change.
3. Fees and additional services
Each applicable cost must be clearly described with its amount or calculation method and the basis for charging it. An additional service is not selected merely because it appears on the website. Costs of required security, such as valuations or registrations, are disclosed in the offer where applicable.
4. Early repayment and arrears
Conditions and any compensation for early repayment are set out in the agreement. See early repayment. Late-payment interest and arrears costs are disclosed separately in the agreement.
5. The website calculator
The calculator estimates a monthly payment and total amount for equal monthly instalments based only on the stated annual interest rate. The estimate excludes fees, security costs, taxes and any other costs that make up the final price, and it is not an offer.
6. Your company’s offer
Check the currency and date of the offer. Request explanations through contacts before making a decision.