Consumer loan with payment holiday (003-MB_LN-A-Consumer-Annuity-bePH)

Summary

This is a consumer loan with monthly annuity payments. The customer is granted a 1 month payment holiday on 31.12.2018.

Deal ID

003-MB_LN-A-Consumer-Annuity-bePH

Counterparty

003-MB - private customer

Characteristics

Nominal: 8,000.00 EUR

Term: 14.09.2018 - 21.09.2020

Interest Rate (p.a.): 6.80% / Day count convention: 30/360

Installment amount: 357.89 EUR / payable monthly on 20. - starting on 22.10.2018 (as 20th is a saturday)

Business Day Convention: FA (Following Business Day Adjusted)

Special features

• On 31.12.2018 customer is granted a 1 month payment holiday (Jan). The term is extended to 20.11.2020.
• Payment for 20.03.2019 is not made on time → only made on 01.04.2019