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About the application:

Easy and user-friendly loan calculator will assist you calculate annuity payments and differentiated payments on a loan. An annuity is a series of payments created at equal time intervals. Examples of annuities are regular deposits, monthly home mortgage payments, monthly insurance payments and any type of loan payments. Annuities can be classified by the frequency of payment dates. The payments may be created weekly, monthly, yearly or at any another regular interval of time. Differentiated payments are decreased each month due to the fact that the debt is reduced in equal installments, and interest will be charged monthly on the remaining debt. The main advantage of annuity payments is their stability. The borrower is known for the amount he must pay every month. With a differentiated payment loan, it will be important to calculate the exact amount of each of the payments that the borrower will have to pay at a later time. Using this application, you can determine: - monthly payments; - loan amount; - loan term. All you need to do is specify loan amount or amount of payment, interest rate and loan term. Our loan calculator is designed to create the loan calculation fast, easy and clear. Calculate and plan your loan payments, determine the payment options that best suit your financial needs. Attention! Calculation results are approximations and for info purposes only.