Fees

Fellow Finance fees for borrowers and investors.

Fees for borrower

  1. Loan application: free of charge
    The loan interest is fixed for the whole loan term. The interest rate is determined by an agreement between lender and borrower
  2. Loan Opening Fee: 5-6% of the loan capital, maximum of 299€
  3. Loan Account Management Fee: 0,4% - 1% monthly of the initial loan capital
  4. Early Loan Repayment: free of charge
  5. Loan Repayment Plan Change: 15 €
  6. Installment Free Month: 10 €
Representative example for Loan Amount ​7000€ borrowed for ​84 months is ​14,62 %. The Annual Percentage Rate calculation consists of loan nominal interest of ​9% and the Loan Opening Fee and Loan Account Management Fee for the Loan Amount.

Fees for business loan

  1. Loan application: free of charge
    The loan interest is fixed for the whole loan term. The interest rate is determined by an agreement between lender and borrower
  2. Loan opening fee: 4,5% of the loan capital, minimum 500€
  3. Loan Account Management fee: 0,084% monthly of the initial loan capital, minimum 12€ / month
  4. Early Loan Repayment: 1% of the repaid loan capital
  5. Payment Reminder 40€

Fees for investor

  1. Registration: Free of charge
  2. Adding funds: Free of charge
  3. Withdrawing funds: Free of charge
  4. Collection of overdue loans: Free of charge
  5. Selling loans on the secondary market: 1% comission

 

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