Financing Calculator
Simulate loan payments with the SAC and PRICE systems: enter the amount, down payment, interest rate and term to see the full month-by-month amortization schedule.
How it works
Enter the property or vehicle value, the down payment, the interest rate and the term in months. The calculator builds the amortization schedule using the PRICE system (fixed payments) or SAC (constant amortization), computing interest on the outstanding balance every month. You can browse month by month and export the schedule to CSV.
Facts about the Financing Calculator
- Supports the PRICE (fixed payments) and SAC (constant amortization) systems.
- Computes compound interest on the outstanding balance month by month.
- Generates the full amortization schedule, page by page.
- Exports the payment schedule to CSV.
Official references
Check the official references to understand how financing works:
- Microsoft β PMT function: Official formula for the constant payment (Price table) PMT(rate, nper, pv).
- Central Bank of Brazil β Calculating loan payments: Official BCB FAQ on calculating loan payments.
- UEL β Financial Mathematics: Amortization Systems: SAC and Price tables (French system) with formulas and worked numerical examples.