Frequently asked questions about Car Loan

The minimum is €3,000 and the maximum is €25,000.

Terms vary between 12 and 48 months for amounts up to €3,000 and between 12 and 84 months for amounts over €3,000.

Yes, early repayment can be arranged with a notice period of 30 days. There's a fee associated with early repayment, and it's calculated as outlined below:

Option a) - If the period between early repayment and the contract's stipulated expiry date is more than one year, the fee is 0.5% of the advanced capital amount.

Option b) - If the period between early repayment and the contract's stipulated expiry date is one year or less, the fee is 0.25% of the advanced capital amount.

Option c) - The fee under options (a) and (b) won't exceed the interest amount payable under the contract during the period from early repayment until the scheduled end of the contract's fixed-rate period, if applicable.

Yes, Stamp Duty applies on the opening of the loan, on the interest and on the associated fees (e.g. File Fee).

These are capital and interest payments that remain the same throughout the term of the loan, assuming that there are no changes in the interest rate or the capital owed during the term.