What your loan really costs
A loan offer shows capital and interest. TrueDebt adds what the offer leaves out, and keeps two totals apart: what you actually pay out, and the economic counterparties you give up without paying them in cash.
Fill in your loan on the left, then press Calculate. Results appear here.
Monthly payment
Displayed cost of the loan
Capital and interest.
Total paid out
Adds property tax and insurance.
Total economic counterparty
Adds erosion, wear and resale risk, which are not paid in cash.
Breakdown
| Counterparty | Amount | Share |
|---|
Set money aside for the hidden counterparties
A monthly saving covering part of what the offer does not show: property tax, erosion, wear and resale risk.
To save each month
Target amount
- Balance with interest
- Deposits
- Target
- Total deposits
- Interest earned
- Final balance
- Share of hidden counterparties covered
Final balance divided by the hidden counterparties. It exceeds the chosen share when savings earn interest.
Inputs used
Parameters
TrueDebt, Digital Synapse Exchange — Miguel Vidal Bravo-Jandia. Method and sources: digital-synapse-exchange.com/truedebt/methode
TrueDebt is an analysis tool. Its results depend on the rates entered and on hypotheses stated on the method page; they are not financial advice.