Below is the example and assumption of KMG along with the costs that may incur

*) Once the period is over, floating interest will apply which will be reviewed periodically according to market condition

**) With the assumption of floating interest rate which is 12.5%

Bank Fees:

1. Provision IDR10.000.000 – 1% of loan amount
2. Administration IDR1.000.000 – 0.01% of loan amount
3. Collateral Appraisal Fee – based on appraiser fee

Disclaimer

• Above calculation is only simulation/estimation, not the actual interest rate, collateral, or calculation.
• Change from fixed interest rate to floating will be informed to debtor at minimum 30 calendar days before the effective date of floating interest rate.
• Life insurance premium will be calculated depending on several factors, including debtor’s age, loan tenor, and loan amount.
• Fire insurance premium is also determined based on several factors, including payment tenor, property type, and property value.
• Credit and collateral binding fee is affected by loan amount and other fees, such as notary fee that can be informed/inquired to notary affiliated to Bank Danamon before credit binding.

For further information about Danamon’s Home Ownership Credit:

Call Hello Danamon
1-500-090

Visit your nearest branch