What is the difference between the types of repayments on the loan?

User has the possibility choose the most convenient type of repayment on the loan.

  • Repayment by the end of loan period
  • Annuity repayment - remains the same throughout the term of the loan agreement. This means that every month you will pay off the loan in equal installments, consisting of accrued interest on the loan written off in lieu of the principal debt.
  • Differential repayment - is reduced each month due to the fact that the debt is reduced in equal installments, and interest will be charged monthly on the remaining debt. Differentiated payment is more favorable than annuity.
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