The TAN is the interest rate; the upfront fees (arrangement, valuation, dossier) and the monthly charges (life and home insurance, servicing commission) are what separate the TAEG from the TAN. Use rough figures if you don't yet have the bank's offer.

TAEG (annual percentage rate of charge)
3.78%
The TAN is 3.30%. The TAEG is higher because it includes commissions and charges.
Monthly instalment (capital + interest)
€656.93
Total monthly outgoing
€686.93
MTIC (total you will pay)
€248,296
Total cost of credit
€98,296

How this is worked out

Loan amount€150,000
Monthly instalment (capital + interest)€656.93
Monthly charges€30.00
Upfront commissions & fees€1,000
MTIC (total to pay)€248,296
TAEG3.78%

Educational estimate, not financial advice. It models a single drawdown, one upfront fee and constant monthly charges; the bank's official TAEG may include other charges (stamp duty, deed costs, variable premiums). Always confirm the TAEG and MTIC on the credit's standardised information sheet (FINE).

TAEG (APRC) Calculator: Portugal by Calculadora Capital

TAEG (APRC) Calculator: Portugal