Expansión Loan

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.

(1) NIR Expansion Loan from 3.25% to 13.25%. Interest rate and opening commissions and assessment fees for natural persons (excluding business and professional purposes) for customers who have been with the bank for more than six months, and subject to the risk assessment.
If you wish, you can also take out Total Loan Protection insurance (home and payment protection insurance).
Offer valid until 15/01/2023. Conditions valid for applications made through remote channels for amounts ranging from €2,500 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) and an assessment fee of 0.25% (minimum €30) calculated in accordance with the amount of the loan. Instalment calculated without taking into account the optional capital grace period of three months.

 

Example for a loan with a requested amount of 2,500 euros calculated at 3.25% NIR 

• Minimum APR of 4.46% to be repaid over 96 months at an annual nominal interest rate of 3.25%, with monthly instalments of 29.61 euros. The final instalment is of a lower amount: 29.42 euros. Total cost of the loan: 447.37 euros, of which 342.37 euros is interest on the loan, total debt amount: 2,947.37 euros. Arrangement fee €75 and assessment fee €30.
• Minimum APR of 9.14% to be repaid over 18 months at an annual nominal interest rate of 3.25%, with monthly instalments of 142.49 euros. The final instalment is of a lower amount: 142.46 euros. Total cost of the loan: 169.79 euros, of which 64.79 euros is interest on the loan. Total debt amount: 2,669.79 euros. Arrangement fee €75 and assessment fee €30.

Example for a requested amount of 2,500 euros calculated at 13.25% NIR:

• Minimum APR of 15.57 % to be repaid over 96 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 42.37 euros. The final instalment is of a lower amount: 42.05 euros. Total cost of the loan: 1,672.20 euros, of which 1,567.20 euros is interest on the loan, total debt amount: 4,172.20 euros. Arrangement fee €75 and assessment fee €30.
• Minimum APR of 20.69 % to be repaid over 18 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 153.91 euros. The final instalment is of a lower amount: 153.90 euros. Total cost of the loan: 375.37 euros, of which 270.37 euros is interest on the loan. Total debt amount: 2,875.37 euros. Arrangement fee €75 and assessment fee €30.

Example for a requested amount of 12,000 euros calculated at 3.25% NIR:

• Minimum APR of 4.05 % to be repaid over 96 months at an annual nominal interest rate of 3.25%, with monthly instalments of 142.12 euros. The final instalment is of a higher amount: 142.31 euros. Total cost of the loan: 1,973.71 euros, of which 1,643.71 euros is interest on the loan. Total debt amount: 13,973.71 euros. Arrangement fee €300 and assessment fee €30.
• Minimum APR of 7.05% to be repaid over 18 months at an annual nominal interest rate of 3.25%, with monthly instalments of 683.95 euros. The final instalment is of a higher amount: 683.98 euros. Total cost of the loan: 641.13 euros, of which 311.13 euros is interest on the loan. Total debt amount: 12,641.13 euros. Arrangement fee €300 and assessment fee €30.

Example for a requested amount of 12,000 euros calculated at 13.25% NIR:

• Minimum APR of 15.04 % to be repaid over 96 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 203.37 euros. The final instalment is of a lower amount: 203.23 euros. Total cost of the loan: 7,853.38 euros, of which 7,523.38 euros is interest on the loan. Total debt amount: 19,853.38 euros. Arrangement fee €300 and assessment fee €30.
• Minimum APR of 18.33 % to be repaid over 18 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 738.77 euros. The final instalment is of a higher amount: 738.81 euros. Total cost of the loan: 1,627.90 euros, of which 1,297.90 euros is interest on the loan. Total debt amount: 13,627.90 euros. Arrangement fee €300 and assessment fee €30.

(3 ) ECO RENOVATIONS EXPANSION LOAN: If the loan is for the purpose of carrying out cosmetic renovations, which are not intended to prevent the property becoming completely derelict, the APR may vary, depending on the repayment period and the amount of the operation due to the existence of a percentage-based fee. The calculation of your APR includes an arrangement fee of 1.25% (minimum €50) and an assessment fee of 0.25% (minimum €15) calculated in accordance with the amount of the loan. The APR may vary depending on the amount and term of the loan. Instalment calculated without taking into account the optional capital grace period of three months.
If you wish, you can also take out Total Loan Protection insurance.

Example for a requested amount of 2,500 euros calculated at 3.25% NIR:

• Minimum APR of 4.01 % to be repaid over 96 months at an annual nominal interest rate of 3.25%, with monthly instalments of 29.61 euros. The final instalment is of a lower amount: 29.42 euros. Total cost of the loan: 407.37 euros, of which 342.37 euros is interest on the loan, total debt amount: 2,907.37 euros. Arrangement fee €50 and assessment fee €15.
• Minimum APR of 6.83 % to be repaid over 18 months at an annual nominal interest rate of 3.25%, with monthly instalments of 142.49 euros. The final instalment is of a lower amount: 142.46 euros. Total cost of the loan: 129.79 euros, of which 64.79 euros is interest on the loan. Total debt amount: 2,629.79 euros. Arrangement fee €50 and assessment fee €15.

Example for a requested amount of 2,500 euros calculated at 13.25% NIR:

• Minimum APR of 14.99 % to be repaid over 96 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 42.37 euros. The final instalment is of a lower amount: 42.05 euros. Total cost of the loan: 1,632.20 euros, of which 1,567.20 euros is interest on the loan, total debt amount: 4,132.20 euros. Arrangement fee €50 and assessment fee €15.
• Minimum APR of 18.08 % to be repaid over 18 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 153.91 euros. The final instalment is of a lower amount: 153.90 euros. Total cost of the loan: 335.37 euros, of which 270.37 euros is interest on the loan. Total debt amount: 2,835.37 euros. Arrangement fee €50 and assessment fee €15.

Example for a requested amount of 12,000 euros calculated at 3.25% NIR:

• Minimum APR of 3.70 % to be repaid over 96 months at an annual nominal interest rate of 3.25%, with monthly instalments of 142.12 euros. The final instalment is of a higher amount: 142.31 euros. Total cost of the loan: 1,823.71 euros, of which 1,643.71 euros is interest on the loan. Total debt amount: 13,823.71 euros. Arrangement fee €150 and assessment fee €30.
• Minimum APR of 5.31 % to be repaid over 18 months at an annual nominal interest rate of 3.25%, with monthly instalments of 683.95 euros. The final instalment is of a higher amount: 683.98 euros. Total cost of the loan: 491.13 euros, of which 311.13 euros is interest on the loan. Total debt amount: 12,491.13 euros. Arrangement fee €150 and assessment fee €30.

Example for a requested amount of 12,000 euros calculated at 13.25% NIR:

• Minimum APR of 14.60 % to be repaid over 96 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 203.37 euros. The final instalment is of a lower amount: 203.23 euros. Total cost of the loan: 7,703.38 euros, of which 7,523.38 euros is interest on the loan. Total debt amount: 19,703.38 euros. Arrangement fee €150 and assessment fee €30.
• Minimum APR of 16.36 % to be repaid over 18 months at an annual nominal interest rate of 13.25 %, with monthly instalments of 738.77 euros. The final instalment is of a higher amount: 738.81 euros. Total cost of the loan: 1,477.90 euros, of which 1,297.90 euros is interest on the loan. Total debt amount: 13,477.90 euros. Arrangement fee €150 and assessment fee €30.

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

Repayment schedule and calculation formula for the repayment of principal and interest: The instalments to be paid have been calculated using a French repayment schedule which has 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 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., NIF 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 Companies Registry under code no. C-0557. BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, with Tax ID no. A64194590 and its registered office at Calle Isabel Colbrand, 22, 28050 Madrid, registered with the Mercantile Register of Madrid and the DGSFP Insurance Companies Registry under code no. C-0767.