Simulador TAE is an online financial calculator designed to help users calculate the Annual Equivalent Rate (TAE) of various financial products, such as loans, mortgages, and investments. The tool aims to provide a clear understanding of the total cost of a financial product, taking into account the interest rate, fees, and compounding periods.
| Country | Regulation | Key TAE rule | |---------|------------|----------------| | Spain | Ley 16/2011, Circular 5/2012 BDE | TAE mandatory in all loan ads | | EU | Directive 2014/17/EU (Mortgage Credit Directive) | TAE must be prominent, include notary, registry, valuation fees | | Chile | Ley N° 21.010 (2017) | Maximum TAE for consumer loans (usury cap) | | Mexico | CONDUSEF | Simulador TAE for bank comparison | simulador tae