Installment Calculation

Assumption*:

A company has USD liability that the due date is within 3 months ahead since July,1st 2019. The quotes of Swap Premium and Spot are as seen below:

SPOT USD/IDR            13,325 / 13,375

3-month Swap Premium     188 / 232

Forward transactions gives the exchange value and hedging certainty that help cashflow planning and minimize risk for the foreign currency exchange value fluctuation.

The economic simulation of average Rp 2 Million per year that includes Cashback and Discount.

Yearly saving total: (IDR 299,700 + IDR 1,368,000 + IDR 420,000 + IDR 450,000) = IDR 2,537,700

• The collected Cashback Reward can be used for the next shopping payment in Hero, Giant, and Guardian.
• The Cashback Reward Information printed in your PermataHero Card monthly billing sheet or every EDC transaction slip in Hero, Giant, and Guardian.
• If the shopping reaches IDR 1,000,00 per month outside Hero, Giant, and Guardian, the 1.5% Cashback can be obtained.
• The Cashback Reward total maximum that can be received by the card holder is IDR 12,000,000 per year.
• The Cashback can't be exchanged or used for the next shopping in Hero, Giant, and Guardian if the card condition is not active or blocked.

Product Feature PermataHome Ready Cash

The difference between PermataHome Ready Cash and KPR Reguler is it has a "Standby Credit" service in the form of a credit limit provided in a customer's current account. These funds can be withdrawn at any time as needed and are only subject to interest as much as their usage.

FACILITIES LIMIT of PermataHome Ready Cash

• First 12 months = Limit remains in accordance with the initial facilities
• Starting from the 13th month until the end of the credit term = Limit decreases proportionally every month until the end of the credit term (hereinafter referred to as "Principal Reduction Factor")
• Value of Principal Reduction Factor per Limit = Limit approved / (Tenor - 12 Months) Example: Approved limit: IDR 1 Billion Terms: 12 years (144 months), then the principal reduction factors are: IDR 1 Billion: (144 months - 12 months) = IDR 7.58 Million

Information Cost Loan 

PermataHome Ready Cash Simulation Example

Note:

• The calculation above is the only illustration and not an exact estimation for the future calculation.
• The result from the PermataBank system will be the reference If there is a difference between the result and the PermataBank system in the future.

KPR Bijak Calculation Simulation Example:

Note:

• The calculation above is the only illustration and not an exact estimation for the future calculation.
• The result from the PermataBank system will be the reference If there is a difference between the result and the PermataBank system in the future.

How to enjoy low and fixed installments throughout the credit period?

Illustration*

Credit principal: IDR 300 Million

Terms: 10 years (120 months)

Mortgage Interest Rates: 10.5% p.a

Installment: IDR 4,048,050

Illustration: if the average floating interest rate is higher than the initial interest rate, then the mortgage period is longer (maximum of 20 years)

KPR Cicilan Tetap will be paid off in the 149th month

Ilustrasi jika rata-rata suku bunga floating lebih rendah dari suku bunga awal, maka jangka waktu KPR lebih cepat

KPR Cicilan Tetap will be paid off in the 149th month

Illustration if the average floating interest rate is lower than the initial interest rate, then the mortgage period is faster

KPR Cicilan Tetap will be paid off in the 115th month

* The calculation above is an illustration and is not a guarantee or estimate for future calculations

Information Cost Loan

KPR Cicilan Tetap Simulation Example

Note:

• The calculation above is the only illustration and not an exact estimation for the future calculation.
• The result from the PermataBank system will be the reference If there is a difference between the result and the PermataBank system in the future.

Provisions for Savings Accounts which are Connected to PermataKPR Keluarga

• Accounts do not have to be opened at the same time, but can be added at any time during your mortgage
• The points percentage in the account may change according to the Bank's policy and the customers will be informed every month through a current account
• Points are calculated from the savings balance and the maximum is as much as of the credit balance

How do my family points ease my mortgage interest?

Illustration*

Credit Principal: IDR 500 Million

Terms: 10 years (120 months)

Mortgages interest: 9.75% p.a

• Illustration of the points calculation above is done when the remaining credit principal is still the same as the initial credit which is IDR 500 million
• Fixed deposit balance for 30 days in 1 (one) month and family points of 0.25%
• The illustration above was made assuming a Maxima Giro interest rate of 1.5% p.a, PermataTabungan Optima 4% p.a, PermataBintang and PermataBebas 2% and PermataGiro 1% p.a.
• Regular interest income on deposits is calculated assuming a fixed deposit balance for the duration of the loan multiplied by the interest rate and divided by 365 days x 30 days per month
• The regular interest income has not been deducted by tax

With PermataKPR Keluarga, your interest expense is less than the KPR Reguler interest expense

*The calculations above are illustrative, not a guarantee or estimate for future calculations

Information Cost Loan

Note:

• The calculation above is the only illustration and not an exact estimation for the future calculation.
• The result from the PermataBank system will be the reference If there is a difference between the result and the PermataBank system in the future.

The Simulation of PermataKPR iB Installment Calculation

Examples of facility conditions used in the simulation:

• Financing: IDR 100 million.
• Financing term: 10 years.
• Fixed period: the first 1 year.
• The remaining financing upon entering the floating period: IDR 94 million.
• Eq. rate in fixed period: 4.5% tenor of 10 years.
• Eq. rate in fluctuation period: 12% (in condition for rising margins) and 10% (in condition for declining interest rates or margins).

Instalment simulation refers to the table below:

1. Installment simulation in the fixed period:
   How to calculate:
   1. Find the coordinates between 4.5% and 10 years= 10,364.
   2. Multiply 10,364 by 100 (table per IDR 1,000,000) = IDR 1,036,400.
      So the monthly installment is IDR 1,036,400 (principal + eq. rate).
2. In the floating period, the eq. rate increase:
   How to calculate:
   1. Find the coordinates between 12% and 9 years= 15,184.
   2. Multiply 15,184 by 94 (table per IDR 1,000,000) = IDR 1,427,296.
      So the monthly installment is= Rp1,427,296 (principal + eq. rate).
3. In the floating period, the eq. rate decrease:
   How to calculate:
   1. Find the coordinates between 10% and 9 years= 14,079.
   2. Multiply 14,079 by 94 (table per IDR 1,000,000) = IDR 1,323,426.
      So the monthly installment is= Rp1,323,426 (principal + eq. rate).

Note:

• Instalment value is rounding.
• Eq. rate value and simulation calculation above is the only illustration and not an exact estimation for the future calculation.
• Eq. rate and Instalment total that charged to Customers will refer to the mentioned information in Facility Agreement Letter in every delivered information to Customers.
• Terms about Loan Financing to Value (FTV) for PermataKPR iB refers to Bank of Indonesia Terms or Financial Services Authority and PermataBank valid Privacy Policy.

Note:

• The calculation above is the only illustration and not an exact estimation for the future calculation.

*The number mentioned in the Instalment Table is only illustration. The approved of limit amount, interest + valid Instalment per month that will be decided based on PermataBank internal privacy policy.

Note:

• The interest that have to be paid based on calculation: loan outstanding x interest per year (%) x loan day total (day) / 360 days.
• The Interest Calculation simulation above is the only illustration and not an exact estimation for the future calculation.

Interest Calculation Formula:

(Loan Balance* x Interest%)x Number of Days Due)/360

*Loan balance is the amount of loan/financing used(outstanding)

Calculation Simulation with Assumptions:

• Loan principal: IDR 500,000,000
• Interest rate: 12% p.a

Note: This simulation is only an example and not an actual calculation

Note:

• The interest that have to be paid based on calculation: loan outstanding x interest per year (%) x loan day total (day) / 360 days.
• The Interest Calculation simulation above is the only illustration and not an exact estimation for the future calculation.

Note:

• The interest that have to be paid based on calculation: loan outstanding x interest per year (%) x loan day total (day) / 360 days.
• The Interest Calculation simulation above is the only illustration and not an exact estimation for the future calculation.

Fixed (Principal and Interest) Instalment
Example:
Withdrawal Amount: IDR 24,000,000
Interest Rate10% per year
Instalment Total 24 times
Withdrawal Date15-Sep-14

Description:
The Interest Calculation simulation above is the only illustration and not an exact estimation for the future calculation.

*) 1 year assumption = 360 days

Note:

• Bank Guarantee Issuance Fee: the issued Bank Guarantee value x Bank Guarantee Issuance fee (per year (360) day) x tenor (day) / 360.
• The amendment fee that should be paid based on calculation: amendment value (Bank Guarantee increase) x amendment fee (per annum).
• The calculation example above that includes fee value is not an exact estimation for the future calculation.

Note:

• Negotiation commission fee : LC value or SKBDN x commission.
• The calculation example above that includes fee value is not an exact estimation for the future calculation.

Note: 

• Export Bills Under Collection fee: export document value x collection fee.
• The calculation example above that includes fee value is not an exact estimation for the future calculation.

Note:

• D1 year assumption = 360 days
• The must paid interest based on calculation: loan value x interest (per year) x tenor (day) / 360.
• The must paid handling fee is Rp 100,000 flat.
• The must paid commission based on calculation: loan value x commission (per transaction).
• The calculation example above that includes fee value is not an exact estimation for the future calculation.

LC or SKBDN Issuance and amendment fee Calculation Example:

*) In the example below, because the amendment fee charged to customer is under minimum pricing, so that the customer will be charged of the minimum pricing IDR 350,000.

Example 1. SKBDN Issuance or Acceptance Fee Calculation:

*) 1 month assumption = 30 days

Example 2. SKBDN Issuance or Acceptance Calculation:

*) *) In the example below, because the amendment fee charged to customer is under minimum pricing, so that the customer will be charged of the minimum pricing Rp 350,000

**) 1 month assumption = 30 days

LC or SKBDN UPAS Fee Calculation Example:

*) *) The interest will be paid in the end of tenor period and calculated based on calendar.

Note:

• LC or SKBDN Issuance Fee: LC or SKBDN issued value x LC or SKBDN Issuance Fee (per 90 days) x tenor (day) / 90 days.
• The must paid LC or SKBDN Issuance Amandment Fee based on calculation is: Amendment Value (Increase LC or SKBDN) x Amendment Fee (per 3 month).
• The must paid Acceptance Fee based on calculation: LC or SKBDN value x Acceptnace Fee (per month) x Tenor Acceptance.
• The must paid LC or SKBDN UPAS based on calculation: LC or SKBDN UPAS Value x LC or SKBDN UPAS Interest x LC or SKBDN UPAS Tenor / 360 days.

Example 1:

Example 2:

Note:

• 1 year assumption = 360 days.
• The must paid interest based on calculation: loan value x interest (per year) x tenor (day) / 360.
• The calculation example above that includes fee value is an illustration and not an exact estimation for the future calculation.