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From your offer. Default 6.83% (APR 7.05%) = bank average for consumer loans July 2026 (Bundesbank)

years

Or drag the curve below.

More detailsFixed payment · rate fixed for the whole term · no extra repayment

Repayment

Fixed-rate period

€

Paid at the end of each year.

Drag or tap – enter your target payment

When you change the payment, adjust:

At 6.83% over 5 years you pay €295.82 a month and €2,749 in interest overall.

€10,0000 y2 y4 y6 y8 y10 y
Repaid so farInterest paidRemaining balanceDrag the curve to change the term.
  1. 2 y 9 mHalf repaid
  2. 5 yDebt-free
Loan amount
€15,000.00
Total interest
+ €2,748.94
Total you pay
€17,748.94
Effective annual rate (APR)
7.05%
Principal share of first payment
71.1%

What you can do

  • Shorten the term by one year−€564 interest

    The payment rises to €358.01 (instead of €295.82), but you pay less interest.

  • €100 more per month−€805 interest

    You are debt-free 1 year 5 months sooner.

How this was calculated
q = 1 + 6.83% ÷ 12
Payment = €15,000.00 × q^60 × (q − 1) ÷ (q^60 − 1)
= €295.82

Each month: interest = remaining balance × rate ÷ 12; the rest of the payment reduces the loan. That is why the principal share grows with every payment.

The effective annual rate is derived from the actual payments (present-value method), without fees or discount.

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