If you want to save your calculation, click ” Save Account. “
You will have access to a unique link that you can bookmark. The previously entered credit data will automatically load when you open this link.
If you change the data – Click ” Update Account ” In this case, the modified data from the loan will be saved to the current link.
If you want to compare fast payment options
You can open and calculate two calculators in 2 browser tabs. But it is not very convenient. Now we have created a unique calculator to compare the initial payment scheme.
There you can write the same loan parameters on the left and right. However, different types can be paid early. By clicking Count, the most profitable option will be shown first.
Entering various calculation parameters
When calculating the initial payment, you need to set different flags on the block for other banks. This will make faster payment calculations more accurate.
If you have a loan from Sberbank
When calculating the initial payment in Sberbank, you need to check the boxes:
- Accounting for quick prices on the date of payment
- Amount of interest only after initial maturity (Sberbank)
The initial payment amount is entered, considering that a portion will be used for interest payments when the initial payment date does not coincide with the following payment date.
If you have a loan from VTB24 Bank
- Check the box:
- Check the box: Original loan annuity with change to%
For Raiffeisenbank
- Check box: Accounting for quick payments on the payment date
- Tick the box: Interest calculation per month like Raiffeisenbank
- Check the box: Include weekends
For other banks
If you see in the bank schedule that you have to pay on the last day of each month, then keep it
- Set the flag – enter the first payment only interest and issue the date
- Price on the previous day of the month
It should also be noted that some calculation modes are not integrated. For example: accounts for quick payments on the payment date and accounts for weekends. With these parameters, the calculation may be incorrect.
Some terms and definitions when using a mortgage calculator.
Credit Amount – The amount you want to borrow, the
interest rate specified in your loan agreement – the fixed
term in your contract – is an integer for the month for which the mortgage loan was taken.
Annual – With this type of payment, you pay in equal installments. Although interest payments are high in the beginning, they decrease over time.
Differential payments – with this type of payment, the principal payment amount has permanently fixed. Interest is charged on the principal amount of the loan. At the same time, subsequent prices decline over time. This loan calculator is effective for online calculation for the above types of payments
.– In this case, the amount of your initial payment goes to repay the original loan. If the amount of the principal loan decreases, then the amount of monthly repayment decreases. This is due to the reduction in the percentage of payments.
Early repayment to reduce maturity – With this initial repayment, subsequent repayments remain the same, but the loan maturity decreases. You will repay the loan first.
First payment – Interest. This flag must set if you repay the first loan on a mortgage payment schedule that is not equal to the others. If your issuance date is different from the first payment date, it is a payment to the bank in the form of interest. Do not set this flag unnecessarily. Details.
Rate change – This initial payment is appropriate if, for example, after receiving an apartment, the interest on a mortgage loan changes. It has written in the mortgage agreement. To change the rate, you need to submit a package of documents to the bank.
Commission and insurance – These types of payments do not affect the calculation of loan and mortgage payment schedules but are use when calculating the total loan overpayment.
Use the online loan calculator to calculate mortgages and personal loans.
Salary Consumer Loan This is possible from a current account or various terminals. After completing the application, you can get a free version of the My iPhone / iPad Mortgage Calculator app. After downloading the loan calculator program from App Store, I will be happy with your response.
Banks and microfinance financial institutions offer more loan programs with hidden advantages and disadvantages. In this article, we will look at how to calculate the monthly repayment using a loan calculator and choose the best opportunity to get a lucrative loan in the loan market: vehicles, household appliances, education, and much more.
Too often, people in Russian realities refuse loans, believing that it is financial slavery, from which it is challenging to get out. The loan calculator lets you figure out what the loan payment will be and calculate the monthly payment. Our site is financially independent of the bank, does not have its percentage of interested potential customers, and does not provide questionable microfinance services with insane interest rates.
Some banks only advertise nicely about lending, and no one has interested in how the loan will repay. We recommend using a loan calculator to determine the number of monthly payments, considering the type of loan: annual or difference. Our calculator is based on the official algorithm of the central bank, which allows you to calculate payments as accurately as possible and make accurate, informed choices.
