An amount the lender charges for granting a loan, usually a percentage of the amount. It makes the loan more expensive even if the interest rate is the same.
An example
A 2% arrangement fee on €10,000 is €200.
Other calculators
Learn more
- What does a mortgage ten years longer cost?
- Extra payments: lower the payment or shorten the term?
- How much does an origination fee add to a loan?