During the exception period you only pay off the interests. The capital is spread out over the rest of the length.
Your interest rate at the participation Fund is defined on the basis of the bank interest rate with the BEPR as floor rate. If you do not fill in the bank interest rate, the simulation will be done based on the BEPR.
The participation Fund gives you the opportunity to enjoy a free-of-charge support by a mentoring structure structure (which submitted your loan request) which collaborates with the Fund. By doing so your interest rate will be reduced to 3% during the first year.