True Cost of Loans
The lender shows you the monthly payment. We show you what it actually costs.
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True Cost of Loans
The lender shows the monthly payment. We show what the loan really costs you.
Enter the loan amount, interest rate and term.
Add the lender's fees, insurance and monthly charges.
See the true all-in cost and read the verdict.
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Bank ~13-25% · SACCO ~12% · mobile loans often 60-400% annualised
= . Type above for longer terms, e.g. a 240-month mortgage.
Processing, arrangement, legal and valuation fees, plus excise duty on charges.
Credit life or asset insurance the lender requires, often 0.3-1.5% per year.
Ledger, account or administration fees some lenders charge every month.
This loan really costs
for in your pocket
Monthly payment
Interest + fees
Cost per 100
Where every coin goes
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