We aim to make it as easy as possible for you to understand how our installment solutions work and any associated costs.
Installment payments without extra costs
You can split your order into 4 payments completely free of charge. You pay exactly the same amount as the product's price, just divided into four payments. This gives you financial flexibility without additional costs. Remember to pay your installments on time, as extra costs may be applied according to applicable laws if payments are late.
Longer payment plans
If you prefer a longer payment plan, you can split your payment into more installments. Plans with more installments include a small Total fee, which is calculated based on a fixed APR (Annual Percentage Rate).
How the Total fee is spread across your installments
The Total fee is spread across the first several installments of your plan, rather than added all at once. Your installments are equal in size, but for the first several, part of each one goes toward the Total fee and the rest toward your order. At least 10% of every installment always goes toward your order, and once the fee is fully paid, your remaining installments go entirely toward your order. How many installments include part of the fee depends on your plan.
For example, on an order of 15,000 kr split into 24 installments with a Total fee of 3,492 kr, each installment is 770.50 kr:
Installments 1 to 5: 693.45 kr goes toward the fee, 77.05 kr toward your order
Installment 6: 24.75 kr finishes the fee, and 745.75 kr goes toward your order
Installments 7 to 24: the full 770.50 kr goes toward your order
How the Total fee is calculated
The Total fee is calculated using a fixed APR and depends on the length of your payment plan. The shorter the payment plan, the lower the fee.
The day you place your order also matters, because of our cut-off date. Placing your order on or before the 16th versus on or after the 17th changes when your second installment falls, which affects the length of your plan and therefore the Total fee.
See the fee before confirming your purchase
When you choose installment payments in our system, we will clearly display the exact Total fee before you confirm your purchase. This ensures you always have a full overview of the total costs and can make an informed decision.