Rates
Competitive rate of 5.6% APR variable1.
The following loan example will give you an idea of the cost of Postgraduate Loan of €10,000 over a 5 year period deferring the first 12 months repayments:
Cost of Loan example: Loan repayments are deferred for the first 12 months but interest will apply on loan balance from the date of first drawdown2. The indicative cost based on an interest rate of 5.5% variable (Annual Percentage Rate of Charge (APRC) 5.6%) assuming drawdown of the full amount of €10,000 with deferral of the first 12 months’ repayments and full capital & interest repayments for the following 48 months (from month 13) would be €245.50 per month for 48 months. Total amount repayable of €11,784.00. Total cost of credit €1,784.00.
Personal Lending Interest Rates
Here are the reference rates we apply to new business personal lending. These rates apply from 13th September 2018 until further notice.
VI | 0.25% |
The interest rate we charge for a loan may include a margin plus the reference rate. Your credit agreement shows you details of the type of interest rate we charge for your loan.