Loans & financing

Loan Calculator

This calculator simulates a fixed-installment loan, the most common personal loan format.

How we calculate

Installments stay equal throughout the contract; part pays interest, the rest reduces the debt.

PMT is the installment value, PV is the loan amount, i is the periodic rate, and n is the number of installments.

PMT = PV × i / (1 − (1 + i)⁻ⁿ)

A R$ 5,000 loan at 3% monthly over 10 installments results in fixed payments.

Compare total paid with the loan amount — the difference is the real cost of credit.

Does not include fees, insurance, or taxes that make up the total cost of credit in a real loan.

Why are personal loan rates usually higher?

Because they typically have no collateral, which represents more risk for the lender.

Loans & financing

Simulate fixed installments of a loan using the French Amortization System (Price Table).

Loans & financing

Simulate decreasing installments using the Constant Amortization System (SAC).

Methodology last reviewed: July 15, 2026

This result is an estimate and may not reflect every particularity of your situation.