Loan and payment calculator
Enter the amount, the annual interest rate and the term in months to see your monthly payment, the total to repay and the interest, with a full amortization table (French system, the one most banks in Bolivia use).
How to use it
- 1
Type the loan amount and choose the currency (Bs or US$).
- 2
Enter the annual interest rate your bank or lender offers.
- 3
Set the term in months (for example, 24 for two years).
- 4
Check the monthly payment and expand the amortization table for the month-by-month detail.
Frequently asked questions
Which amortization system does it use?
The French system: the payment is the same every month; early on you pay more interest and later more principal. It is the system most banks and lenders in Bolivia use.
Is the rate I enter nominal or effective?
The calculator assumes a nominal annual rate divided by 12 months. If your bank gives you an effective annual rate, the result may vary slightly.
Does it include insurance and fees?
No. The calculation covers principal and interest only. Credit-life insurance and other fees each lender charges are added to the payment separately.
Does it work for home, car or consumer loans?
Yes. The formula is the same for any fixed-payment loan; only the amount, rate and term you enter change.
Related tools
- BMI calculatorCalculate your body mass index from your weight and height, and see your category per the WHO: underweight, normal, overweight or obese.
- Age calculatorCalculate your exact age in years, months and days from your date of birth. It also tells you how many days until your next birthday.
- Days between datesCalculate how many days, weeks and months are between two dates. Perfect for deadlines, contracts, holidays and countdowns.
- PercentagesWork out the percentage of a number, what percent X is of Y, and increases or discounts. Three simple modes to solve it instantly.