Loan Calculator
Calculate monthly payments and interest on personal loans and car loans
Personal Loan & Car Loan Calculator
Calculate the monthly payment and total cost of any loan with this free simulator. Whether you're taking out a personal loan, car financing or any other consumer credit, enter the amount, rate and term to instantly see your monthly payment and the true cost of interest.
How It Works
- Select the loan type (personal, car or other)
- Enter the loan amount in euros
- Enter the annual interest rate (the nominal rate stated in your contract)
- Choose the loan term in years
- Instantly see monthly payment, total interest and final cost
Frequently Asked Questions
What is the difference between nominal rate and APR?
The nominal rate (TAN/interest rate) is the base rate used to calculate interest payments. The APR (Annual Percentage Rate) also includes additional fees like origination costs and insurance. This calculator uses the nominal rate.
How much does a loan really cost?
The real cost is the total interest paid. For example, a €10,000 loan at 7% for 5 years costs about €1,900 in interest, for a total repayment of €11,900.
Is a short-term or long-term loan better?
A short-term loan has higher monthly payments but less total interest. A long-term loan has lower payments but more total interest. Use this calculator to compare both options side by side.