This Denmark personal loan calculator models a standard amortising forbrugslån (consumer loan) paid in fixed monthly instalments. Enter how much you want to borrow, the lender’s all-in annual cost (ÅOP) and the term, and it returns your monthly payment, the total interest and fees, and a full repayment schedule.
How it works
Each monthly payment is a fixed amount under the standard annuity formula:
M = P · r (1 + r)ⁿ / ((1 + r)ⁿ − 1)
where P is the loan principal, r is the monthly rate (ÅOP ÷ 12 ÷ 100) and n is the number of months. The calculator uses ÅOP rather than the nominal interest rate because Danish law requires lenders to quote ÅOP as the true all-in annual cost, including every fee. Early instalments are mostly interest; later ones are mostly principal, and the amortisation table shows that split month by month.
Example
Borrow DKK 50,000 at 9% ÅOP over 36 months. The monthly rate is 9 ÷ 12 = 0.75%. The formula gives a fixed payment of roughly DKK 1,590, and total interest and fees over the term come to about DKK 7,200.
Notes
Danish lenders must perform a creditworthiness assessment (kreditvurdering) and check the debtor register before approving a loan, so the ÅOP you are actually offered depends on your income and credit history. The figure here is an estimate based on the ÅOP you enter — your final agreement may differ. You always have the right to repay early and only pay interest for the period the loan was outstanding.