Rate, fees, monthly payment and total cost: the figures to compare before committing.
Look beyond the interest rate
The interest rate matters, but it does not represent the full cost of financing. Application fees, guarantees and optional services should also be considered.
Compare the payment and total cost
A longer term often lowers the monthly payment but may increase the total cost. Compare several scenarios for the same amount before deciding.
Read the final conditions
A simulation is only indicative. Base your decision on the final offer issued after assessment and on the rules applicable in your country.
Identify every charge
Separate interest, application fees, guarantee costs and optional services. Check whether charges are paid upfront or included in the financing.
Measure the effect of the term
Compare shorter and longer terms. The lowest payment is not always the best option: it must remain manageable while controlling total cost.
Make an informed decision
Read the repayment schedule, early repayment rules and consequences of late payment. Ask every question before accepting the final offer.