Understand what reaches the borrower.
Start with Note face value, then see the example loan advance and deductions together.
From Note value to net advance.
Change the collateral value and loan-to-collateral ratio to explore the example fee assumptions and indicative deposit. Select the currency used for all displayed figures.
Model assumptions: 4.95% collateral Contract Fee; 1.15% collateral completion fee; 1.50% loan completion fee; 3.50% one-year interest in advance. Indicative minimum Provider deposit: 175,000 at 5 million, rising to 250,000 at 10 million, then 10,000 for each additional million of collateral, all in the selected currency. The deposit is credited against the Contract Fee. Actual terms may differ. No live exchange conversion is applied.
on €25,000,000 Note value at 75%
Paid earlier; credited against the Contract Fee€400,000
After crediting the €400,000 deposit paid earlier− €837,500
Separate earlier payments
A Booking Fee, if specified in Formal Terms, becomes payable only on acceptance. The indicative minimum Provider deposit shown above is paid after contracts and the Note block and is already credited in the completion calculation. The actual amount, timing and applicable currency are set out in the transaction documents. These may be separate currencies and are not combined. This is an illustration only and we will always endeavour to provide the best possible terms at application.
Illustration only, using the fee rates in the published collateral example and the indicative deposit scale in the selected currency. No live exchange conversion is applied. This is not a quotation, offer or promise of a particular LTV, rate or availability. The borrower remains liable for the full loan principal at maturity; fees, deposit, interest, timing and refund provisions are governed by transaction documents.
Discuss a specific facility