Kredīts: Maksājums un Procenti

How much will a loan actually cost? Enter the amount, term and interest rate, and the app will show you the monthly payment, interest costs and total amount to be repaid. Then add the loans you are already paying and find out when you will repay the last one.

Everything is calculated on your phone: without the Internet, without registration and without a phone number.

WHAT CAN BE CALCULATED

1. Loan payment. Amount, term and rate, but as a result, monthly payment, interest and total amount. Suitable for consumer credit, car loan or any loan with equal payments.
2. What payment can you afford. Based on your income and current payments, you can see what monthly payment still fits into your budget.
3. Comparison of two loans. Two sets of conditions side by side, evaluated by total costs, not just by payment.
4. Early repayment. How many months the term is shortened and how much interest you save if you pay more each month.
5. Debt load. How much of your income goes to payments and how much is left over.

REPAYMENT PLAN

Enter each loan you have now: balance, interest rate, and monthly payment. The app will create a plan:

• how long it will take you to be debt-free and how much interest you still have to pay
• what changes if you add an additional amount each month
• two repayment sequences — highest rate first or lowest balance first — and the costs of each
• your loans as numbered steps with the repayment period for each

Useful when deciding which loan to repay first, or when checking whether combining several payments into one is cheaper.

The data you enter is stored only on your phone. It is not sent anywhere.

EXAMPLE

€5,000 for 36 months at a 14 percent annual rate: payment of around €171, total of around €6,152. Same amount for 72 months: payment drops to around €103, but total payment is around €7,418. Longer term costs around €1,266 more.

Change any number and the result is instantly recalculated.

MORE IN THE APP

• Price per unit: compare two packages and see which one is more profitable
• Principal and interest charts, repayment schedule with and without additional payments

WHY IT'S FOR

• You already have a loan and want to check the payment and total yourself
• You are paying several loans and looking for a clear order of how to close them
• ​​You are considering paying more and want to see savings
• You want to know how much of your income is already going to debt

WHAT THE APP DOESN'T DO

• Does not issue loans or transfer money to an account
• Does not accept applications and documents
• Does not display or connect to lists of banks or lending companies
• Does not check or change your credit history
• Does not provide financial or legal advice

IMPORTANT INFORMATION

This app is a calculator. It is not a bank or credit provider and is not affiliated with any lender, credit bureau or government agency.

All results are estimates based on the numbers you enter. Interest is calculated on the balance and the annual percentage rate is divided over twelve months. Commissions, insurance and penalties are not included, so the annual percentage rate (APR) in your contract will be higher. Always check your contract for the final cost.

The app is free and ad-free.