Representative example:
Car price CZK 500,000, down payment CZK 100,000, total loan amount CZK 400,000, term of agreement 60 months, loan interest rate 6.29 % p.a, monthly loan instalment CZK 7,787.17 excluding insurance, CZK 8,620.50 including collision insurance (CZK 833.33); collision insurance arranged in the loan instalments is a compulsory extra service, the total amount due is CZK 517,230.00 (including collision insurance premium), APR 11.13 % (including collision insurance premium). Applies to a new car.
