Help Me Calculate This! A Bank Loan Of 2%monthly. - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Help Me Calculate This! A Bank Loan Of 2%monthly. (853 Views)
| Help Me Calculate This! A Bank Loan Of 2%monthly. by Volksguys1985(op): 9:58am On Feb 26, 2022 |
My bank offer me, 202,000 at 2% per month and spread to over 12 months, like 14 to 15 months, How much are they going to deduct monthly? Pls accountant in the house. |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by SUPERPACK: 10:08am On Feb 26, 2022 |
About #5000 in interest 1 Like |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Adebaba1(m): 9:25pm On Feb 26, 2022 |
Volksguys1985:Please which bank? |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Volksguys1985(op): 9:34pm On Feb 26, 2022 |
Adebaba1:uba |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Adebaba1(m): 9:55pm On Feb 26, 2022 |
Volksguys1985:Thanks Please what are the steps to take the loan |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by underpinna: 10:07pm On Feb 26, 2022 |
Volksguys1985:Assuming that there is no hidden charge and using 15 months interval Interest per month at 2% is 4040 Total at 15 months is 60600 So, 60600+202000=262000 If you divide that by 15 months you'll be paying around 17600/month 5 Likes |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Volksguys1985(op): 2:15am On Feb 28, 2022 |
Adebaba1:i don't really know but as i just upgrade my account, i notice am eligible, but have not gone deep into collecting it though, am still considering it. |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Adebaba1(m): 9:36am On Feb 28, 2022 |
Volksguys1985:I did a little research and discovered that the interest is a bit high than that of GTb. The interest of Guaranty trust is 1.5% |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by neutralmind: 10:14am On Feb 28, 2022 |
Adebaba1:For gtb it must be a salary account. |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Volksguys1985(op): 4:39pm On Feb 28, 2022 |
Adebaba1:how much is GTBank willing to you at that rate? |
| Re: Help Me Calculate This! A Bank Loan Of 2%monthly. by Adebaba1(m): 8:32am On Mar 01, 2022 |
Volksguys1985:Minimum of 50k Maximum of 5m 1 Like |
Help Me Calculate This Loan Interest Rate • How I Recieved An Instant Loan Of Over N1m Without Going To The Bank • What Happens To My Money If I'm Robbed In A Bank While Waiting To Deposit? • 2 • 3 • 4
He Wants To Buy Nairaland For 100 Million • Nigeria Currency Denomination With Two Versions In Circulation (photo) • Nice Designs Of Adire/kampala Fabrics You Can Buy To Start Business Or For Wears