Simulator with a broad set of variables based on the standard calculator provided by the European Commission under the Directives on mortgage credit agreements and consumer credit agreements.
This guide explains how to use the CNPF “APR Calculator” web application for APR/APRC calculation and credit offer comparison.
2. Navigation in the application
Simple calculator – APR calculation and repayment schedule for a standard loan.
Complex calculator – detailed simulation according to CCD 2008/48/EC and MCD 2014/17/EU directives.
Credit comparison – compares two offers and generates a comparative chart.
3. Quick steps
Select the desired mode.
Fill in the required fields (amounts, periods, interest, fees).
Press Calculate.
Review the results and, if needed, open the Repayment schedule.
Use Reset for a new calculation.
4. Simple calculator (APR)
Initial data: credit amount (MDL), term (months).
Interest: periods and interest rates.
Fees: at disbursement, monthly and yearly.
Repayment: equal or decreasing monthly payments.
Results: APR and total amount payable.
5. Complex calculator (APR/APRC)
CCD/MCD examples: select the directive and example; the form is auto-filled.
Characteristics: credit type, amount, drawdown, repayment, special payments.
Costs: interest levels and financed/non-financed costs.
Results: APR/APRC, total cost, total amount payable.
6. Credit comparison
Fill in both forms, calculate, and compare the results. Differences are highlighted automatically.
7. Sharing and embedding
You can share the page on social networks or copy the embed code (iframe) from the header.
8. Messages and validations
The application highlights missing fields, invalid rates, and the need to recalculate after changes.
9. Limitations and assumptions
Results are indicative, according to Law no. 202/2013.
The calculation uses a standard 365-day year.
10. Tips for entering data
Use a dot for decimals (e.g. 9.5).
Check the units (months, percentages, MDL).
Error
Information:
Directive (CCD) 2008/48/EC on credit agreements for consumers applies to consumer credit, with the exceptions provided in Article (2). Those exceptions include, among others:
credit agreements which are secured either by a mortgage or by another comparable security commonly used in a Member State on immovable property or secured by a right related to immovable property;
credit agreements the purpose of which is to acquire or retain property rights in land or in an existing or projected building;
credit agreements involving a total amount of credit less than EUR 200 or more than EUR 75 000, unless the agreement is an unsecured credit the purpose of which is the renovation of a residential immovable property;
hiring or leasing agreements where an obligation to purchase the object of the agreement is not laid down either by the agreement itself or by any separate agreement; such an obligation shall be deemed to exist if it is so decided unilaterally by the creditor;
credit agreements in the form of an overdraft facility and where the credit has to be repaid within one month;
credit agreements where the credit is granted free of interest and without any other charges and credit agreements under the terms of which the credit has to be repaid within three months and only insignificant charges are payable.
Information:
Directive (MCD) 2014/17/EU on credit agreements for consumers relating to residential immovable property applies to:
credit agreements which are secured either by a mortgage or by another comparable security commonly used in a Member State on residential immovable property or secured by a right related to residential immovable property; and
credit agreements the purpose of which is to acquire or retain property rights in land or in an existing or projected building.
REPAYMENT SCHEDULE
This repayment schedule is indicative and based on the information entered by the user and the general calculation assumptions provided by Law no. 202/2013 on consumer credit agreements.
Period
Drawdowns
Balance
Interest on capital
Other costs
Payments
Cash flows
Initial
Capital
Capital + interest
Final
Interest rate
Interest charges
Not financed
Financed
Repayment of the credit
Non-financed costs
Total non-financed costs
Cash flow
Present value
Capital amortisation
Interest
Total
Calculator al perioadei auxiliare
și
= 0 perioade complete și 0 zile, într-un an cu 365 zile
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