| The borrowing rate or, if applicable, different borrowing rates which apply to the credit agreement | [ %- fixed, or
- variable (with the index or reference rate applicable to the initial borrowing rate),
- periods]
|
| Annual Percentage Rate of Charge (APR)This is the total cost expressed as an annual percentage of the total amount of credit.The APR is there to help you compare different offers. | [ % A representative example mentioning all the assumptions used for calculating the rate to be set out here] |
| Is it compulsory, in order to obtain the credit or to obtain it on the terms and conditions marketed, to take out | |
| —an insurance policy securing the credit, or | Yes/no [if yes, specify the kind of insurance] |
| —another ancillary service contract? | Yes/no [if yes, specify the kind of ancillary service] |
| If the costs of these services are not known by the creditor they are not included in the APR. | |
Related costs| If applicableMaintaining one or more accounts is required for recording both payment transactions and drawdowns | |
| If applicableAmount of costs for using a specific means of payment (e.g. a credit card) | |
| If applicableAny other costs deriving from the credit agreement | |
| If applicableConditions under which the abovementioned costs related to the credit agreement can be changed | |
| If applicableObligation to pay notarial fees | |
| Costs in the case of late payments | You will be charged [… (applicable interest rate and arrangements for its adjustment and, where applicable, default charges)] for late payments." |
| Missing payments could have severe consequences for you (e.g. forced sale) and make obtaining credit more difficult. |