You are planning to buy a car and want to calculate a car loan or consumer loan. Our free loan calculator will be useful to you. The application will help you calculate the monthly payment on a loan or car loan.Calculate your loan yourself!Loan calculator for self-calculation of loan parameters based on the loan amount, its term and interest rate. Enter the required information and calculate the loan with the click of a button! A simple and understandable loan calculator will help you find out the amount of the overpayment that you will pay to a credit institution.How to calculate a loan:1)Enter the loan amount. The loan amount is the amount of the loan you receive, one of the main and mandatory conditions of any loan agreement. Agreeing on the loan amount is the starting point when concluding a loan agreement between a credit institution and a borrower.2) Specify the loan term. The loan term is the period of time from the moment the funds are issued to you until the full fulfillment of obligations to the bank. Consumer loans are usually issued for a period of 1 to 60 months.3) Specify the size of the interest rate. Interest on a loan (interest for using a loan, interest rate) is a fee that the bank charges from the borrower for the granted loan. It is calculated as interest on the loan amount for the year (for example, 7% per annum). The interest rate is determined by the loan agreement and depends on the general economic situation and the key rate of the Central Bank.4) By clicking on the loan calculation button, you will be taken to a screen with calculated data on your loan. Where you will see the following: monthly payment, last payment date, loan overpayment and total payments5) Monthly loan payment - this is the amount that must be paid monthly to the account for servicing the loan and repaying the debt on the loan.6) The date of the last payment is the date on which the full fulfillment of obligations to the bank will take place. The term of the loan can be reduced by early payment with a change in the term of the loan.7) Overpayment on the loan (interest on the loan) - the funds that you, in addition to the principal debt, will pay to the credit institution for the use of credit funds.8) The total amount of payments - the amount that you will need to pay for the entire period of the loan agreement (in the absence of early repayment of the loan), it consists of the loan body and interest on the loan.Attention! All loan calculations are carried out according to the official formulas for calculating the annuity payment. Some banks may use their own loan calculation formulas. The information in the application is provided for reference only and may not correspond to the loan calculations in your bank.
Точный Кредитный калькулятор
