Effektivzins

In English: Effective annual rate (APR)

The true yearly cost of the loan: it includes monthly compounding and fees. German banks must state it in every offer, which makes it the fairest number for comparing loans.

Where it comes up

• What will my mortgage cost? Mortgage
• Which loan offer is cheapest? Compare loan offers
• Repay faster or invest? Repay or invest?
• Can I buy this home? Can I buy this home?

Related terms

• Annuitätendarlehen
• Darlehensbetrag
• Rate / Monatsrate
• Sollzins
• Tilgung
• Anfängliche Tilgung
• Zinsbindung
• Restschuld
• Anschlussfinanzierung
• Forward-Darlehen
• Tilgungssatzwechsel
• Laufzeit
• Sondertilgung
• Tilgungsplan
• Bearbeitungsgebühr / Schätzkosten
• Vollfinanzierung

All terms in the glossary