Empréstimo Pessoal: Parcelas

How much does a personal loan really cost? Enter the amount, the number of installments, and the interest rate, and see the installment amount, the total interest, and the total to be paid. Then register the loans you already pay and see when you will pay them all off.

Everything is calculated on your cell phone: no internet, no registration, and no phone number required.

WHAT YOU CAN SIMULATE

1. Loan simulator. Amount, term, and interest rate: the app shows the installment, the interest, and the total. It can be used to simulate personal loans, payroll loans, vehicle financing, or any credit with fixed installments.

2. What installment can I afford? With your income and what you already pay per month, see what installment still fits within your budget.

3. Compare two loans. Put two options side by side and see which one is cheaper in total, not just in the installment.

4. Early amortization. See how many months you eliminate and how much you save in interest by paying an extra amount every month.

5. Income Commitment. How much of your income goes to loan payments and how much is left over.

DEBT REPAYMENT PLAN

Register each loan you currently have: the outstanding balance, the interest rate, and the payment. The app creates a plan:

• how long it will take you to be debt-free and how much interest you will still pay
• what changes if you add an extra amount every month
• two payment orders — first the higher rate or first the lower balance — with the cost of each
• your loans in numbered steps, with the time to pay off each one

Use it to evaluate a loan transfer or debt consolidation before deciding, and to see the effect of paying off a loan ahead of schedule.

What you register is saved only on your phone. Nothing is sent.

EXAMPLE

Loan of R$ 5,000 in 12 installments with an annual interest rate of 60%: installment of approximately R$ 564 and total of approximately R$ 6,770. The same amount in 24 installments: the installment drops to approximately R$ 362, but the total rises to approximately R$ 8,697. The longer term costs about R$ 1,927 more.

Change any number and the result is updated on the same screen.

ALSO INCLUDES

• Price per unit: compare two package sizes and see which one is more cost-effective
• Principal and interest charts and payment schedule with and without extra value

WHO IT'S FOR

• You received a loan offer and want to check the installment and total yourself
• You pay several loans and need a clear order to pay them off
• You are thinking about paying installments early and want to know how much you can save
• You want to know how much of your income is already committed

WHAT THE APP DOES NOT DO

• Does not lend money and does not deposit amounts into your account
• Does not receive requests or documents
• Does not show lists of institutions and does not put you in contact with any
• Does not consult or change your CPF (Brazilian tax ID), score or registration in credit bureaus
• Does not provide financial or legal advice

IMPORTANT INFORMATION

This app is a calculator. It is not a bank, financial institution or banking correspondent, and has no connection with any financial institution, credit bureau or public body.

The results are estimates made with the data you provide. The rate is calculated as an annual rate divided by twelve months; if your proposal shows a monthly rate, multiply by twelve. The calculation does not include IOF (Brazilian tax on financial transactions), insurance, or fees, so the CET (Total Effective Cost) of your contract will be higher. Always check the final cost in your own contract.

The app is free and displays ads.