Loan and monthly payment calculator
Find out how much you will pay each month, and in interest, before you sign.
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How is the monthly payment calculated?
The calculator uses the standard fixed-payment (amortising) method used by most banks: payment = amount × r ÷ (1 − (1 + r)−n), where r is the monthly interest rate and n is the number of months.
The result is an estimate. Your bank may add fees or insurance, so always ask for the official repayment schedule before signing.