Loan Installment Calculator
The file you can download below intends to help you calculate the monthly installment you pay on your loan as well as the depreciation plan during the overall loan period. This will help you improve your personal and business financial planning.
It is intended to be a simple and practical tool to be adjusted and used by SMEs working in all sectors. Enter your loan amount, the loan duration (number of months), and annual interest rate. The tool will calculate automatically the monthly installment as well as the depreciation plan (principal and interest you repay at each period). The provided table contains an example. You may adapt it to your business needs and loan conditions.
|Loan Installment Calculator|