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Effektiver Jahreszins

Annual percentage rate of charge
Price of a loan in which almost all price components are taken into account. The effective interest rate generally enables a comparison of different offers. The calculation of the effective interest rate is governed by the German Price Indication Ordinance (PAngV). The concept of the initial APR was abolished by the Act Implementing the Consumer Credit Directive. Under certain circumstances, certain assumptions are made by the lender for the calculation of the APR, which may limit the comparability of the effective interest rate. Your financial advisor will be happy to explain this special feature to you in detail.