English

Interest Cost

In finance, the term interest cost is used to denote the total cost of interest charged for a loan. The interest cost is the entire amount of interest paid across the full loan term. This indicator clearly states the actual total cost of a loan.

If effective annual interest rates are used – as is the case with personal loans and credit cards in Switzerland as per the Swiss consumer credit law – the interest cost denotes the full cost of the loan, including fees and charges other than interest.

Before you get a loan, it is important that you understand the interest cost because that is how much you will pay for the loan. You can easily find the interest cost of a loan using the moneyland.ch loan calculator.

More on this topic:
Swiss personal loan comparison

Special offers for Moneyland users

Moneyland Special Offers

Free bank account

Yuh

No account fees
Banking partner: Swissquote & Postfinance
CHF 20 trading credit with code «YUHMONEYLAND»

Benefit now

Swiss Broker

Saxo Bank Special Offer

Special offer: Reimbursement of brokerage fees up to CHF 200 for 90 days
Licensed Swiss bank (FINMA)
Free expert research and trading signals

Benefit now

Swiss digital bank

Alpian

CHF 75 welcome bonus with referral code LAND25.
Favorable foreign exchange rates
Multi-currency account with Visa card (CHF, EUR, USD, GBP)

Benefit now

Free bank account

Yuh

No account fees

Learn more See all deals

Editor Daniel Dreier

Daniel Dreier is editor and personal finance expert at moneyland.ch.

Information

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 100 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs. The guarantee of independence applies.

Company

Users

Banks & Telecom

Insurance & Pensions

protected by
reCAPTCHA
Privacy - Terms

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. Contact us