How is interest calculated?

The interest income calculation consists of 3 parameters:

• Invested amount
• Days you are investing for
• Interest rate

The calculation formula* is as follows:

Invested amount * Number of days * Interest rate / 360

Example:

An investment of 100 Eur for a loan with a 30-day maturity and interest rate of 14% should yield:

100 * 30 * 0.14 / 360 = 1.16 Eur

*Each platform might have a slightly different interest calculation methodology. For up-to-date information, confirm the calculation with each platform separately.