Simulador Crédito de Consumo

This app is a calculator. It's used to simulate a consumer loan in Chilean pesos before making any decisions: you enter the loan amount, term, and interest rate, and see the monthly payment, interest, and total amount due.

The developer is not a financial institution or a government agency.

WHAT THE APP DOES

The app has five calculators, a payment plan, and that's it:

1. Loan Calculator. Amount, term, and annual interest rate. It provides the monthly payment, total interest, and total amount due, with a graph of principal and interest.

2. What Payment Can I Afford? Based on your income and current loan payments, it estimates a monthly payment that fits your budget.

3. Compare Loans. Two scenarios side-by-side, with their monthly payments and total cost, to see which one is cheaper in the long run.

4. Early Repayment. How much the loan term is shortened and how much interest you save by making an extra payment each month.

5. Credit Load. What percentage of your income goes toward payments and how much is left available?

PAYMENT PLAN

Enter your existing loans: the balance, interest rate, and payment amount for each. The app calculates how long it will take to pay them off, how much interest you still owe, and what changes if you add an extra amount each month. It shows you two possible repayment orders: highest interest first or lowest balance first, along with the cost of each, and organizes your loans into numbered steps.

The home screen also includes a unit price comparison tool to see which of two packages is the better deal.

WHAT THE APP DOESN'T DO

To be clear from the start:

- It doesn't provide loans or money.
- It doesn't receive applications or applications.
- It doesn't display offers or listings from financial institutions.
- It doesn't check your credit history or any debt records.
- It doesn't connect you with banks, credit unions, or retail stores.
- It doesn't delete or modify information in DICOM or any other registry.

It's a calculation tool that works with the numbers you enter.

ABOUT THE APR

In Chile, the figure used to compare two loans is the APR, the Annual Percentage Rate, because it includes the interest rate plus fees, insurance, and associated expenses. The app doesn't calculate the APR: it works with the annual interest rate you enter, divided by twelve months, and doesn't include fees, insurance, or taxes. Therefore, the APR of your loan agreement will be higher than the rate you use here.

The figures provided by the app are estimates based on the data you enter. The actual terms are defined by each institution and will vary.

PRIVACY

Everything is calculated on your phone. No account, no registration, no phone number, and no documents required. The app does not request access to your contacts, photos, or messages. The credits you add to the plan are stored only on your phone and are not sent anywhere.

IMPORTANT INFORMATION

This application is not a bank, credit union, retail store, lender, or credit intermediary. It is not affiliated with the Financial Market Commission, any debt registry, or any financial institution, and the developer does not represent any government agency.

The results are for reference only and do not constitute an offer, approval, or financial advice. Always confirm the final terms with the institution before signing.

The app is free and does not display advertising.