Sabadell Loan¹

The granting of the loan, its amount and the repayment period for each transaction requested will be determined by and contingent on the bank’s risk criteria. The interest rate may vary depending on the result of the risk analysis and the amount of the transaction.

(1) Sabadell Loan for amounts up to €10,000, NIR from 5.80% to 14.35%. For amounts over €10,000, NIR from 4.45% to 12.80%. Interest rate and arrangement fee for natural persons (excluding business and professional purposes) and customers who have been with the bank for more than 6 months and subject to the risk assessment.

If you wish, you can also take out Total Life Protection and Total Payment Protection insurance.

Conditions valid for applications made through remote channels for amounts ranging from €3,000 to €60,000.

(2) The APR may vary, depending on the repayment period and amount of the transaction as a percentage fee applies. The calculation of your APR includes an arrangement fee of 2.50% (minimum €75) calculated in accordance with the term and amount of the loan requested. Instalment calculated without taking into account the optional principal amount grace period of three months.

Example for a loan amount ≤ €10.000

Example for a requested amount of €3,000 calculated at 14.55 % NIR:

• Minimum APR of 16.46 % ato be repaid over 96 months at an annual nominal interest rate of 14.55%, with monthly instalments of €53.06. The final instalment is of a lower amount: €52.72. Total cost of the loan: €2,168.42, of which €2,093.42 are interests on the loan. Total amount payable: €5,168.42. Arrangement fee: €75.
• Maximum APR of 21.24 % to be repaid over 12 months at an annual nominal interest rate of 14.55 %, with monthly instalments of €270.14. The final instalment is of a lower amount: €270.12. Total cost of the loan: €316.66, of which €241.66 is interest on the loan. Total amount payable: €3,316.66. Arrangement fee: €75.

Example for a requested amount of €10,000 calculated at 5.80 % NIR:

• Minimum APR of 6.68 % to be repaid over 96 months at an annual nominal interest rate of 5.80%, with monthly instalments of €130.44. The final instalment is of a higher amount: €130.72. Total cost of the loan: €2,772.52 , of which €2,522.52 is interest on the loan. Total amount payable: €12,772.52. Arrangement fee: €250.
• Maximum APR of 11.09 % to be repaid over 12 months at an annual nominal interest rate of 5.80%, with monthly instalments of €859.75. The final instalment is of a higher amount: €859.69. Total cost of the loan: €566.94, of which €316.94 is interest on the loan. Total amount payable: €10,566.94. Arrangement Fee of €250.

Example for a loan amount > €10.000

Example for a requested amount of €10,001 calculated at 4.45% NIR:

• Minimum APR of 5.24 % to be repaid over 96 months at an annual nominal interest rate of 4.45%, with monthly instalments of €124.01. The final instalment is of a lower amount: €123.90. Total cost of the loan: €2,153.88, of which €1,903.85 is interest on the loan. Total amount payable: €12,154.88. Arrangement fee: €250.03.
• Maximum APR of 9.60 % to be repaid over 12 months at an annual nominal interest rate of 4.45%, with monthly instalments of €853.64. The final instalment is of a higher amount: €853.67. Total cost of the loan: €492.74, of which €242.71 is interest on the loan. Total amount payable: €10,493.74. Arrangement fee: €250.03.

Example for a requested amount of €10,001 calculated at 12.80% NIR:

• Minimum APR of 14.44 % to be repaid over 96 months at an annual nominal interest rate of 12.80%, with monthly instalments of €166.97. The final instalment is of a higher amount: €167.38. Total cost of the loan: €6.278.56, of which €6,028.53 is interest on the loan. Total amount payable: €16,279.56. Arrangement Fee of €250.03.
• Maximum APR of 19.15 % to be repaid over 12 months at an annual nominal interest rate of 12.80%, with monthly instalments of €892.32. The final instalment is of a higher amount: 892.40. Total cost of the loan: €956.95, of which €706.92 is interest on the loan. Total amount payable: €10,957.95. Arrangement fee: €250.03.

If the period from the early cancellation to the theoretical maturity of the contract is less than 12 months, the early repayment fee is 0.50%; if it is longer, it is 1.00% on the amount repaid.

Repayment system and calculation formula of principal and interest repayment: The instalments to be paid are calculated using a French repayment system, which features a system of consistent instalments. I.e., the same amount is paid every month, provided that the interest rate applicable to the transaction does not vary during the settlement period, or that no early repayments have been made.

If you work in a company that is a client of the bank or if you are a professional in a group that has signed an agreement, check with your manager about your specific conditions.

Additional information about the insurance policies linked to your loan: Total Loan Protection includes Total Life Protection and Total Payment Protection insurance. Total Life Protection is a life insurance policy of BanSabadell Vida. S.A. de Seguros y Reaseguros, and Total Payment Protection is an insurance policy of BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros; both are brokered by BanSabadell Mediación. Operador de Banca-Seguros Vinculado del Banco Sabadell Group, S.A., Tax ID A03424223 and its registered address at Av. Óscar Esplá, 37,03007, Alicante, registered in the Mercantile Register of Alicante and in the DGSFP Insurance Company Register, under code OV-0004, having taken out civil liability insurance and providing financial capacity in accordance with the Private Insurance and Reinsurance Brokerage Act. You can view the insurance companies with which BanSabadell Mediación has signed an insurance agency contract at the following website: www.bancosabadell.com/bsmediacion. Check here for information on the Insurance Broker.

BanSabadell Vida. S.A. de Seguros y Reaseguros, with Tax ID no. A08371908 and its registered offices at Calle Isabel Colbrand, 22, 28050 Madrid, registered with the Mercantile Register of Madrid and the DGSyFP Insurance Company Registry under code no. C-0557. BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, with Tax ID no. A64194590 and its registered offices at Calle Isabel Colbrand, 22, 28050 Madrid, registered with the Mercantile Register of Madrid and the DGSyFP Insurance Company Registry under code no. C-0767.