💳 Calculate a loan
Calculate your monthly repayment and how much interest you pay in total.
💡 How is it calculated?
The formula behind the loan calculator.
Monthly rate r = (1 + APR)1/12 − 1
Repayment = Amount × r ÷ (1 − (1 + r)−n)
Here, n is the number of months. You pay the same amount every month: at first mostly interest, at the end mostly capital.
This is an estimate. The exact amount is in your lender's offer.
❓ Frequently asked questions
Answers to the most common questions.
📈 What is the APR?
The annual percentage rate expresses the total cost of a consumer loan as a yearly percentage, including interest and mandatory fees. It lets you compare offers fairly.
⏱️ Is a longer term cheaper?
Your monthly amount goes down, but you pay more interest in total. Compare, for example, 48 and 72 months in the calculator to see the difference.
💡 How do I pay less interest?
Compare offers from several banks, don't borrow more than you need, choose the shortest term you can comfortably afford and repay early if that is possible without big fees.
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