It is calculated according to the reference index IRCC / ROBOR / EURIBOR / LIBOR + the bank's fixed margin. 😮

Interest is calculated on the loan balance and charged monthly until the loan is repaid in full.

❗⠀If you're thinking of taking a credit:

➤⠀you can calculate your monthly instalments online in the BT credit simulator;

➤⠀and then find out over the phone if you qualify for the desired amount. 😃