Work out your loan repayment
Enter the amount, the rate and the term to estimate the monthly repayment and the interest to pay.
Enter the figures for the calculation
This estimate is not a credit offer. It does not work out the APR and does not take into account interest-only periods, variable rates or costs you have not entered.
How it works
We use a repayment plan with equal monthly installments, a fixed nominal rate and the first installment after one month. The monthly rate is the nominal annual rate divided by 12. At a zero rate, the installment is the amount divided by the number of months. Upfront costs are added to the total repaid, not to the installment.
A real example
For €100,000 over 120 months at a 6% nominal rate, the monthly repayment is about €1,110.21. Upfront costs are added to the overall cost.
Further reading: Banca d’Italia: French amortization (in Italian)
Frequently asked questions
Should I enter the nominal rate (TAN) or the APR?
Enter the nominal rate (TAN). The APR (TAEG in Italy) includes extra costs and uses a different calculation, which this tool does not do.
Does the result mean I will get the loan?
No. The bank looks at documents, guarantees and whether the deal is sustainable. Here you only compare one repayment scenario.