Hello,
Thank you for your email. I want you to know that your loan has been approved and we also want you to know that the information's sent by you was also confirmed and we which to know is the bank account details goes with your name () so the loan can be deposited as soon as it is ready for transfer okay.
We want you to check the below terms and repayment plans if you are good to carry on this transaction with it as it will be re payed yearly and not monthly okay. So the below information is the repayment schedule for the loan.
Loan Balance: $750,000.00
Loan Interest Rate: 2%
Loan Term: 5 years
Monthly Loan Payment: $13,145.82
Number of Payments: 60
Total Interest Paid: $38,749.20
Note: The monthly loan payment was calculated at 59 payments of $13,145.82 plus a final payment of $13,145.82