condition | loan amount | INTEREST RATE (ANNUAL) | TERM | ORIGINATION FEE | APPLICATION FEE |
---|---|---|---|---|---|
30-40% down payment | Determined based on the income, scope of business activity | Interest rate-18.00% Real interest rate-19.72% | Up to 180 months | 0.75% (max 2,000,000 MNT) | 10,000 MNT |
41-50 % down payment | Interest rate-16.80% Real interest rate-18.29% | ||||
More than 51% down payment | Interest rate-15.60% Real interest rate-16.88% |
Additional documents may be required depending on the features of applicant and loan type.