So funktioniert's
- Use the formula below with your own figures.
Die Formel
APR blends the interest rate with fees into one yearly figure.
Rechenbeispiel
Two loans at the same rate can have different APRs once fees are included.
Häufige Fragen
Rate vs APR?
APR includes fees, so it's usually higher than the nominal rate.
Why compare APR?
It's the fairest single number for comparing offers.
Tipps
- A shorter term costs less overall even if the payment is higher.
- Check the APR, not just the rate, to compare fairly.
- Read the fine print for fees and prepayment penalties.
Begriffe
- APR
- Yearly cost including fees, as a percentage.
- Term
- How long you repay the loan.
- Collateral
- An asset securing the loan.