PeerPower investor service fees are prorated based on the number of days your principal is deployed at 1.25% per year.
Investor service fee = outstanding balance x (investor fee rate/365) x number of days in a specific period
Example
- Investment amount (THB): 100,000.-
- Interest rate (p.a.): 10%
- Period (months): 12 months
- Repayment Type: Amortization
The fees are prorated based on the number of days your principal is deployed, just like how we calculate interest payments. This makes it easier for investors to predict and cross-check your fees and interests. When Issuers are able to make early repayment, investor fees prorated daily ensures you’re charged service fees only for the days in which your funds are deployed. You then get funds back early for re-investment in other bonds.
Example
- Investment amount (THB): 100,000.-
- Interest rate (p.a.): 10%
- Period (days): 30
- Repayment Type: One-time repayment at end of period
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article