The Annual Percentage Rate (APR) is the total cost of borrowing, expressed as a percentage of your principal. There are no origination, early repayment, late payment, or liquidation fees.
The interest rates for term loans
The APR for a term loan depends on a few factors:
- Interest payment plan type: Payment at maturity loans carry higher rates than monthly payment loans, because interest payments are deferred.
- Loan size: Larger loans qualify for lower rates.
| Loan amount | Interest-Only Monthly Payment | Payment at Maturity |
|---|---|---|
| < 250.000 USDT | 13% APR | 14% APR |
| 250.000 – 750.000 USDT | 12% APR | 13% APR |
| 750.000 – 2.000.000 USDT | 11% APR | 12% APR |
| 2.000.000 – 5.000.000 USDT | 10,75% APR | 11,75% APR |
| 5.000.000 USDT – 10.000.000 USDT | 10,5% APR | 11,5% APR |
| ≥ 10.000.000 USDT | Custom | Custom |
If you plan to borrow 250.000 USDT or more, contact our Private team for white-glove service.
Once opened, the loan’s APR remains fixed until you refinance, consolidate, or close it.
How interest is calculated for term loans
Interest is calculated by multiplying your outstanding principal by the Daily Periodic Rate, which is the APR divided by 365 (or 366 in a leap year). With a monthly payment loan, the principal remains constant unless you make early repayments. With a payment-at-maturity loan, interest for the entire term is pre-calculated.
Terms are presented when you open the loan. For illustrative purposes (assuming no liquidations or early repayments):
- Interest-only monthly payments: A 10.000 USDT loan at a fixed 13% APR over 12 months would cost roughly 108,33 USDT/mo in interest, with the 10.000 USDT principal due at maturity for a total of 11.300 USDT.
- Full payment at maturity: A 10.000 USDT loan at a fixed 14% APR over 12 months would result in approximately 1.400 USDT in total interest, with principal and interest due at the end of the term for a total of 11.400 USDT.