The Fostal Bank Auto loan is ideal if you are looking for a new or used car, a fast and convenient financing of Postal service Italy that allows you to have access to the amount you need very quickly. Let’s see how to request a free quote online and what are the interest rates applied to the amount we are going to request.
Fostal Bank Auto Loan: features and interest rates
Postal service Italy’s personal loans are undoubtedly among the most convenient on the market. The company offers its customers a wide range of products, each of which meets a particular need that the customer can have. If the reason you are looking for a loan is to buy a new or used car, then the financing that is right for you is the Fostal Bank Auto loan.
With this form of financing you can receive a sum that starts from a minimum of 8,000 euros up to a maximum of 30,000 euros. So we can freely choose the model that we like best, and based on the price of the car request the sum we need to make our dream come true. According to our economic situation we can decide the duration of the loan, from which the repayment installment will depend. In this case the duration can vary between a minimum of 30 months up to a maximum of 84 months. To best choose the characteristics that best fit our needs, the best thing to do is to request a quote. Later we will see in detail how to calculate the online payment.
Another characteristic of Fostal Bank Auto loans to take into consideration is that of the interest rate. This factor will also depend on the duration of the financing chosen by us. The personal loans offered by Postal service Italy provide a fixed rate, this means that the percentage of interest that we will pay each month will be defined at the time of signing the contract, and will remain constant for the entire duration of the loan.
It will not only be the number of months in which we decide to make the repayment to determine the interest rate. Fostal Bank Auto loans are in fact addressed both to holders of a Fostal Bank current account and to holders of an ordinary nominal postal booklet. The best treatment in absolute terms, in terms of interest rate applied, is that reserved for those who have a Fostal Bank account in the name. However, it should be emphasized that for all categories of customers and for all the durations we can choose, the applied Tan and Taeg rates are highly competitive.
Estimate Postal service Italy for Fostal Bank Auto loans
As we said, the best thing to do if you are interested in receiving a Fostal Bank Auto loan, is to request an online quote. In this way you can immediately know the repayment installment that you will face every month, at no cost and without obligation. To do this you will need to log in using your credentials or, if you have not yet registered to the site, register in a few minutes, following the online procedure.
Once we have logged in, requesting an online quote will be quick and easy. To do so we will only need to enter the amount we need to buy our new car, and choose the duration of the loan we prefer. By launching the simulator, we will present all the characteristics of the loan offered by Postal service Italy, with the monthly repayment installment and the interest rates of Tan and Taeg.
To better see the characteristics of Fostal Bank Auto loans, we tried to request an online quote. We requested a sum of 10,000 euros, choosing a refund in 60 monthly installments. The monthly repayment installment that has been proposed to us is € 200.38, so the total expenditure that we will meet in this example will be € 12,022.80. The interest will therefore be 2,022.80 euros, which derives from a Tan of 7.50% and a Taeg of 7.84%.