Calculate a loan: payment, interest and total cost
Enter loan amount, interest rate and term and see the monthly payment and the total interest at once. No sign-up, nothing is sent.
Result
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Example calculation, not a loan offer and not financial advice. Fees and the effective annual rate are not included.
Keep money and contracts organised
Own offer
Centplan
Household, savings and debt plan templates (German) to download – buy once, no subscription.
Own offer
Klarmappe
Order for loan contracts, notices and important papers as printable templates (German).
Frequently asked questions
How is the payment calculated?
With the annuity formula: the payment stays the same for the whole term. At first a larger part is interest, later a larger part is repayment.
What is the difference between nominal and effective annual rate?
The nominal rate is the pure interest rate of the loan. The effective annual rate also includes fees and extra costs. It is usually higher and better for comparing offers.
Why is total interest lower with a shorter term?
You owe the bank the money for a shorter time, so less interest builds up. The monthly payment rises in return.
How do I compare loan offers?
Compare the effective annual rate and the total cost, not only the monthly payment. Look at special repayments, payment protection insurance and fees.