jibzarLoan installment calculator
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About this tool
Enter the loan amount, annual interest rate and number of installments to see the monthly payment, total interest and a month-by-month repayment schedule.
Fully offline
Features
- Equal-installment method used by banks
- Flat-interest method to compare installment offers
- Full schedule with the interest and principal of each installment
- Accepts Persian digits and thousands separators
- Runs on your device and works offline
Examples
Bank loan
- Input
- 100,000,000, 18%, 36 months
- Output
- Monthly payment 3,615,240; total interest 30,148,624
4% fee loan
- Input
- 50,000,000, 4%, 24 months
- Output
- Monthly payment 2,171,246
FAQ
How do banks calculate the installment?
With equal installments: the annual rate is divided by 12 and the payment is the one that clears the principal in n months while paying each month's interest on the remaining balance.
Is my loan information sent anywhere?
No. The calculation runs on your device.