| Consumer phase | Loan amount | Amount borrowed >= VND two hundred million |
|---|---|---|
| Staff Financial Solution (EBS) people 2 | % p.a good. | % p.an excellent. |
| Prominent consumers | % p.a. | % p.a good. |
| Some other clients | % p.a beneficial. | % p.a great. |
| Buyers section | Worker Banking Service (EBS) people dos |
|---|---|
| Amount borrowed | % p.an excellent. |
| Amount borrowed >= VND two hundred mil | % p.an effective. |
| Consumer part | Biggest consumers |
| Loan amount | % p.an excellent. |
| Loan amount >= VND 200 billion | % p.a. |
| Consumer part | Other customers |
| Amount borrowed | % p.a beneficial. |
| Amount borrowed >= VND 200 mil | % p.a. |
| Payment type | Commission rates |
|---|---|
| Software fee | step step 100 % free |
| Late payment rate of interest | 150% from applicable interest and you will costs on the delinquent principle |
| Very early commission percentage | step three% into the prepaid service principle (only full installment try invited) |
| Percentage type of | App fee |
|---|---|
| Percentage speed | Free |
| Fee method of | Late fee interest |
| Fee price | 150% away from applicable interest and you may charges into overdue idea |
| Percentage types of | Very early payment fee |
| Payment rate | 3% on the prepaid idea (only complete fees are welcome) |
Example of focus formula
| Week | Concept | Attract | Instalment |
|---|---|---|---|
| 1 | 5,100000,000 | cuatro43,83six | 5,443,836 |
| 2 | 5,one hundred thousand,one hundred thousand | 443,836 | 5,443,836 |
| 3 | 5,100,000 | 443,836 | 5,443,836 |
| 4 | 5,100,100 | 443,836 | 5,443,836 |
| 5 | 5,100000,100000 | 443,836 | 5,443,836 |
| 6 | 5,100,one hundred thousand | 443,836 | 5,443,836 |
| eight | 5,100,000 | 443,836 | 5,443,836 |
| 8 | 5,one hundred thousand,100000 | 443,836 | 5,443,836 |
| nine | 5,000,one hundred thousand | 443,836 | 5,443,836 |
| 10 | 5,000,100000 | 443,836 | 5,443,836 |
| eleven | 5,100000,000 | 443,836 | 5,443,836 |
| several | 5,000,100000 | 443,836 | 5,443,836 |
| Total | sixty,one hundred thousand,100000 | 5,326,027 | 65,326,027 |
| Month | 1 |
|---|---|
| Principle | 5,100000,000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 2 |
| Principle | 5,100000,100 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 3 |
| Principle | 5,000,100 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 4 |
| Principle | 5,100000,000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 5 |
| Principle | 5,000,100000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 6 |
| Principle | 5,100,100000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 7 |
| Principle | 5,000,100 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 8 |
| Principle | 5,000,000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 9 |
| Principle | 5,000,one hundred thousand |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 10 |
| Principle | 5,000,000 |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 11 |
| Principle | 5,100,one hundred thousand |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | 12 |
| Principle | 5,100000,one hundred thousand |
| Interest | 443,836 |
| Instalment | 5,443,836 |
| Month | Total |
| Principle | 60,100,one hundred thousand |
| Interest | 5,326,027 |
| Instalment | 65,326,027 |
| Month | Principle | Interest | Instalment |
|---|---|---|---|
| 1 | cuatro,576,165 | 788,548 | 5,443,568 |
| 2 | cuatro,763,722 | 727,370 | 5,443,568 |
| 3 | 4,799,962 | 665,387 | 5,443,568 |
| 4 | cuatro,840,852 | 602,590 | 5,443,568 |
| 5 | 4,868,533 | 538,968 | 5,443,568 |
| 6 | 4,984,294 | 474,509 | 5,443,568 |
| 7 | 5,020,310 | 409,203 | 5,443,568 |
| 8 | 5,088,488 | 343,039 | 5,443,568 |
| 9 | 5,166,818 | 276,006 | 5,443,568 |
| 10 | 5,213,838 | 208,091 | 5,443,568 |
| 11 | 5,312,600 | 139,284 | 5,443,568 |
| 12 | 5,364,418 | 69,573 | 5,363,325 |
| Total | 60,100,100 | 5,242,568 | 65,242,568 |
| Month | 1 |
|---|---|
| Principle | 4,576,165 |
| Interest | 788,548 |
| Instalment | 5,443,568 |
| Month | 2 |
| Principle | cuatro,763,722 |
| Interest | 727,370 |
| Instalment | 5,443,568 |
| Month | 3 |
| Principle | 4,799,962 |
| Interest | 665,387 |
| Instalment | 5,443,568 |
| Month | 4 |
| Principle | 4,840,852 |
| Interest | 602,590 |
| Instalment | 5,443,568 |
| Month | 5 |
| Principle | 4,868,533 |
| Interest | 538,968 |
| Instalment | 5,443,568 |
| Month | 6 |
| Principle | 4,984,294 |
| Interest | 474,509 |
| Instalment | 5,443,568 |
| Month | 7 |
| Principle | 5,020,310 |
| Interest | 409,203 |
| Instalment | 5,443,568 |
| Month | 8 |
| Principle | 5,088,488 |
| Interest | 343,039 |
| Instalment | 5,443,568 |
| Month | 9 |
| Principle | 5,166,818 |
| Interest | 276,006 |
| Instalment | 5,443,568 |
| Month | 10 |
| Principle | 5,213,838 |
| Interest | 208,091 |
| Instalment | 5,443,568 |
| Month | 11 |
| Principle | 5,312,600 |
| Interest | 139,284 |
| Instalment | 5,443,568 |
| Month | 12 |
| Principle | 5,364,418 |
| Interest | 69,573 |
| Instalment | 5,363,325 |
| Month | Total |
| Principle | 60,100,100 |
| Interest | 5,242,568 |
| Instalment | 65,242,568 |
Although the attention paid for the reducing balance financing looks large, it’s below the interest paid down on repaired harmony mortgage, due to different attention formula procedures.