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Student Loan - Fast & Easy App

Publisher: I-Think
Preis: Gratis

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App-Beschreibung

Every students has dream for good education but its take so many fess for best educations at best colleges.

so the Student Loan - Fast & Easy App provied you guidelines for taking Student Loan on your mobile easily .


Student Loan : 


A student loan is money that you borrow to help pay for school with the expectation that you will pay that money back in the future.Student loans don’t differ all that much from other types of loans. However, the process of obtaining and repaying a student loan does have some unique attributes.


 


Student Loan interest rates :


Education loans are available from leading Indian banks to assist students in achieving their academic goals. Interest rates for an education loan with a payback term of up to 15 years start at 6.60 percent per year. Education loans are accessible for both in-country and out-of-country higher education.


 


Student Loan Repayment Term :


Your student loan repayment term is the amount of time you will take to repay the loan. It can vary greatly depending on what type of student loan you take out. Typical repayment terms range from 2 years to 15 years. Be sure you understand what your loan term is before taking out a student loan.


 


Example:


Duration: 1 years-5 years


Loan amount: $5,000 to $20,000


Minimum Annual Percentage Rate (APR):  6%
Maximum Annual Percentage Rate (APR):  15%


Processing fees: $10


Loan amount = $10,000


APR of loan = 10%


Loan term =  1 years


Daily Interest = $10,000 x 10% / 365days = $2.73


Total Interest = $10,000 x 10% / 365days x 1 years = $1,000


Repayment = $11,000 + (Processing fees) $10 = $11,010


Total Repayment = $11,010


No other hidden fees applicable to your loans!


 



Monthly repayment example:


If you start repayment from January and lasts for five months, your monthly repayment detail is as follows:


January:31days * $30.16 = $934.96
February:28days * $34.65 = $844.48
March: 31days * $34.65 = $934.96
April: 30days * $34.65= $904.8
May: 31days * $34.65= $934.96
June:30days * $34.65 = $904.8
July: 31days * $34.65 = $934.96
August: 31days * $34.65= $934.96
September: 30days * $34.65= $904.8
October:31days * $34.65 = $934.96
November: 30days * $34.65 = $904.8
December: 31days * $34.65= $936.96


Total Repayment = $11,010


 


Features


- Made With Flutter
- Easy To Use
- Simple And Soft Colour UI
- All Information Is 100% True**
- App Is Under 10MB
- Easily Shareable
- Guide to Student Loans


** It's depending on time duration and many other factors please read our privacy policy

All Information and graphics is respectively owner please read our privacy policy

If any problems without any fear contact us.




Disclaimer / Notice :
This is not the official application for any government scheme nor associated with any Govt. Please do not treat this as official application. We are not the official partner of Government or linked with any way with government.We just provide information to user which are available in public domain.

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