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What interest rate applies and how is it calculated?

The interest rate is defined in your offer and typically ranges between 1.5% and 2.5% monthly.

Interest is simple, following the American method:

  • You pay interest monthly
  • The principal plus the final interest are paid in the last installment.


✏️ Example:


If you use $100,000 USD at a 2% monthly rate over 3 months, you would pay:

  • Month 1: $2,000 USD (interest)
  • Month 2: $2,000 USD (interest)
  • Month 3: $102,000 USD (principal + interest)