European Banking Authority (EBA) guidelines

The European Banking Authority (EBA) has 3 documents with guidelines for the mortgage directive.

Calculation of the annual percentage rate of charge (APRC)

The mortgage directive has provisions for the calculation of the annual percentage rate of charge (APRC).

A calculator based on these provisions is available below to help users (including regulators, consumers, creditors) calculate the APRC of a given value of credit. This Excel tool complements the existing calculator for consumer credit.

This tool is accompanied by a report presenting 44 examples and a guide.

Disclaimer: The data provided by the simulator has not been formally adopted or approved by the Commission and should not be considered an official statement of the Commission’s views. The Commission does not guarantee the accuracy of the data and accepts no responsibility for the information provided by this tool.


DownloadXLS - 2.8 MB
DownloadPDF - 3.7 MB