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Table Test

                                               

Example for APR calculation

                                               
                                               

Duration (Years)

                                               
                                               

%APR

                                               
                                               

Loan

                                               
                                               

Example:
                                                Loan Amount = 50000 JOD
                                               
                                                Total Loan = 50000
                                                Interest Rate = 5.75%

                                               
                                               

1

                                               
                                               

5,83%

                                               
                                               

Real Estate loans (Housing / Land / Offices and Clinics)

                                               
                                               

5

                                               
                                               

5,90%

                                               
                                               

10

                                               
                                               

5,90%

                                               
                                               

15

                                               
                                               

5,90%

                                               
                                               

20

                                               
                                               

5,90%

                                               
                                               

25

                                               
                                               

5,90%

                                               
                                               

30

                                               
                                               

5,90%

                                               
                                               

Example:
                                                Loan Amount = 10000 JOD
                                                Costs = 100 JOD
                                                Total Loan = 10100
                                                Interest rate = 7.75%

                                               
                                               

1

                                               
                                               

9,98%

                                               
                                               

Car loans

                                               
                                               

2

                                               
                                               

9,08%

                                               
                                               

3

                                               
                                               

8,76%

                                               
                                               

4

                                               
                                               

8,59%

                                               
                                               

5

                                               
                                               

8,49%

                                               
                                               

6

                                               
                                               

8,42%

                                               
                                               

7

                                               
                                               

8,37%

                                               
                                               

8

                                               
                                               

8,33%

                                               
                                               

Example:
                                                Loan Amount = 15000 JOD
                                                Costs = 150 JOD
                                                Total Loan = 15150
                                                Interest Rate = 7,5%

                                               
                                               

1

                                               
                                               

9,71%

                                               
                                               

Personal loans (Consumer loans)

                                               
                                               

2

                                               
                                               

8,81%

                                               
                                               

3

                                               
                                               

8,49%

                                               
                                               

4

                                               
                                               

8,32%

                                               
                                               

5

                                               
                                               

8,22%

                                               
                                               

6

                                               
                                               

8,15%

                                               
                                               

7

                                               
                                               

8,10%

                                               
                                               

8

                                               
                                               

8,06%

                                               
                                               

9

                                               
                                               

8,03%

                                               
                                               

10

                                               
                                               

8,01%