The bank quotes 7%. The loan costs 12.75%.
Capital adds fees and insurance and works out the real APR of your loan. Try it here, for free.
Example: 20,000 € over 5 years, 1% opening fee and 45 € a month of tied insurance.
Put in the numbers from your offer
Enter principal, rate and term. Add the fee and the insurance and watch the real APR move.
Result
Yearly schedule
| Year | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | €4,752 | €1,290 | €3,462 | €16,538 |
| 2 | €4,752 | €1,040 | €3,712 | €12,826 |
| 3 | €4,752 | €772 | €3,981 | €8,845 |
| 4 | €4,752 | €484 | €4,268 | €4,577 |
| 5 | €4,752 | €175 | €4,577 | €0 |
Where every euro goes
Of the total outlay, the principal is only one part. Interest and what the offer does not advertise make up the rest of the bill.
- Principal€20,000
- Interest€3,761
- Fees and insurance€2,900
The fees and insurance in the example are a 200 € opening fee and 2,700 € of insurance (45 € for 60 months).
What you do in Capital
Seven steps from the offer to a report you can show your bank. Real captures from the app.
Loan details 
Fee and insurance 
Payment and interest Real APR and outlay 
Where the cost goes 
Balance and principal charts 
PDF reportThe PDF report is part of Capital Pro.
Calculators
Each one uses the same engine as the app and gives the same figures.
- Real APR of a loanAdd fee, appraisal, paperwork and insurance to see what it really costs.
- Nominal rate vs APRWhat each one counts, and how far apart they get in a real example.
- Loan paymentMonthly payment, interest and total paid under all three systems.
- Early repaymentReduce term or payment, with cancellation fee and against investing.
- French, linear and AmericanThe three systems with your numbers: payment, interest and balance.
- Amortization schedulePayment, interest, principal and balance every month and every year.
- Compare two loansReal APR, payment and total outlay of two offers side by side.
- Deposit: net interestGross interest, tax, fees, inflation and net return.
What is free and what is not
Both purchases are one-time, with no subscription. The real APR with costs is part of Capital Pro in the app; on this website you can calculate it for free.
- Capital
- Free, with ads. Payment, interest, amortization schedule, early repayment, deposits and the comparison tool.
- Remove ads
- One-time purchase. Removes the ads and nothing else.
- Capital Pro
- One-time purchase. Advanced loan costs with the real APR, the cost of prepaying and PDF reports. It does not remove the ads.
Frequently asked questions
What is the real APR?
It is the annual rate that equates what you receive (the principal minus upfront costs) with the present value of what you pay (instalments plus tied insurance). Capital works it out from the cash flows of your offer, not from the rate the bank quotes.
How is it different from the APR my bank gives me?
The APR on the bank’s sheet follows a regulation and depends on which costs and insurance the bank treats as mandatory. Capital’s real APR includes everything you enter, so it lets you compare two offers on equal terms.
Is Capital free?
It is free to download and has ads. Removing the ads and Capital Pro are separate one-time purchases with no subscription. Pro does not remove the ads.
Does my data leave my device?
The calculations run on your device and Capital has no user accounts. Ads are served by third-party ad networks, with your consent where the law requires it. The privacy policy has the details.
Does it work for variable-rate loans?
Capital calculates with a constant rate. For a variable-rate loan the result holds until the next rate review.
Which languages does it support?
Spanish, English, French, Italian, German, Portuguese, Arabic, Hindi, Simplified Chinese, Japanese, Korean and Vietnamese. It runs on iPhone and iPad with iOS 17 or later.
Is this financial advice?
No. Capital is an informational tool. The figures depend on what you enter and are not an offer or a recommendation.
Your offer, with the real APR
Download Capital and compare before you sign.