Articles
Short explanations for money decisions, each tied to a calculator where you can put in your own figures.
- What ROBOR is and how it differs from IRCCHow ROBOR is set, who still has loans tied to it, and why it reacts faster than IRCC.Read
- What EURIBOR is and how it affects a loan in euroWhat EURIBOR represents, how it feeds into the rate on a euro loan, and why the exchange rate matters too.Read
- What DAE (APR) is and how to compare two loansWhy the interest rate is not enough to compare two offers, what DAE includes and what it leaves out.Read
- When refinancing your loan is worth itWhat moving a loan to another bank costs, how long it takes to recover, and why a lower payment is not always a cheaper loan.Read
- Debt-to-income ratio: how much you can borrowHow a bank works out your maximum payment from your income, the limits BNR sets, and why the maximum is not a target.Read
- Rent or buy: how to compare them fairlyWhat each option costs, what tips the balance, and why how long you plan to stay matters.Read
- What IRCC is and how it changes your loan paymentHow the reference index for variable-rate loans in lei is calculated and what it means for your monthly payment.Read
- Fixed or variable rate: how to chooseWhat you pay for the safety of a fixed rate, what risk a variable one carries, and how to compare the two offers.Read
- Early repayment: lower the payment or the term?The two ways to repay early, how much each saves, and when the lower payment is the sensible choice.Read
- How compound interest worksWhy time matters more than the amount, what growth looks like over 10, 20 and 30 years, and where inflation fits in.Read
- What a fund's fees really cost youA 2% yearly fee looks small. Compounded over 20 years, it can mean a fifth of your money.Read
- The BNR rate and your bank's rate: why they differWhat the BNR reference rate represents, why your bank exchanges at a different rate, and how to work out what the gap costs you.Read