Loan calculator
Estimate your monthly payment, total cost and effective rate (TAEG).
Monthly payment
Effective rate (TAEG)
Total interest
Total cost of credit
Total repaid
The TAEG is an actuarial rate — it sits above the nominal rate even with no fees (monthly compounding), and up-front fees raise it further.
Estimates only — a simplified model, not a loan offer.
Balance paydown over the term
How your outstanding balance fallsQuick insights
3 newComputed from your inputs · no account dataInterest is a big share of the loan
Over the term you repay €303,602 for a €200,000 loan — €103,602 of it (52%) is interest.
A shorter term saves the most
Cutting the term raises the monthly payment but can save tens of thousands in total interest.
Your TAEG beats the headline rate
The 3.76% effective rate is above the 3.6% nominal rate — the up-front fees are the reason.
How this works
The monthly payment comes from the standard amortising formula on the full principal at your nominal rate. Early payments are mostly interest; later ones mostly principal — which is why the balance falls slowly at first, then faster.
The effective rate (TAEG / APR) folds your up-front fees into the borrowing cost: we solve for the single rate whose payment stream has the same present value as the money you actually received.