قرض شخصي: القسط والفائدة

How much will the loan actually cost you? Enter the loan amount, term, and interest rate, and the app will show you the monthly payment, total interest, and total repayment amount. Then, add your current loans to see when you'll be due for your final payment.

All calculations are done on your phone: no internet, no registration, and no phone number required.

What you can calculate:

1. Loan Calculator: Enter the loan amount, term, and interest rate, and the result will be your monthly payment, total interest, and total repayment amount. This works for personal loans, car loans, and any loan repaid in equal installments.

2. Your Permissible Installment: Based on your monthly income and current payments, determine the installment that still fits your budget.

3. Compare Two Loans: Compare the terms of two loans side-by-side and decide on the total cost, not just the installment.

4. Early Repayment: How many months can you shorten your repayment and how much interest can you save by paying an extra amount each month?

5. Debt Burden: How much of your income goes towards repayments and how much is left over?

Repayment Plan

Enter each of your loans now: remaining balance, interest rate, and monthly payment. The app will then create a plan for you:

• How long will it take to be debt-free, and how much interest you still owe?
• What changes if you add a payment each month?
• Two payment options — higher interest first or smaller balance first — with the cost of each option?
• Your loans are numbered, and each loan has the estimated time to be paid off.

This is helpful when deciding which loan to pay off first, or when you want to know if consolidating your loan payments into one is more economical.

What you enter is saved only on your phone and is not sent anywhere else.

Example:

A loan of 50,000 EGP over 24 months at 28% annual interest: the monthly payment is approximately 2,740 EGP, and the total is approximately 65,870 EGP. The same loan over 48 months: The monthly payment drops to approximately 1,740 EGP, but the total increases to approximately 83,650 EGP. The longer term costs you approximately 17,780 EGP more.

Change any number and the result will change instantly.

Also in the app:

• Unit price: Compare two packages and see which is more economical.

• Charts of the loan principal and interest, and a repayment schedule with and without additional payments.

What the app does not do:

• Does not grant loans or transfer funds to your account.

• Does not accept applications, ID photos, or documents.

• Does not display lists of banks or finance companies, nor does it connect you with any of them.

• Does not check or change your credit history.

• Does not provide financial, legal, or Sharia-compliant advice.

Important information:

This app is a calculator only. It is not a bank, a finance company, and is not affiliated with any lending institution, credit bureau, or government agency.

All results are estimates based on the numbers you enter. Interest is calculated on the declining balance, and the annual percentage rate (APR) is divided by twelve months. Many loans are advertised with a fixed interest rate on the principal, in which case the monthly payment will be higher for the same rate. Administrative fees, insurance, and penalties are not included. Always check the final cost in your contract.

The app is free and ad-free.