Squarezone Ltd

Loan calculator

Use this demonstration loan calculator for all kinds of loan including Hire Purchase and Personal Leasing.

Price

Cash price of goods.

Deposit

Cash deposit or part exchange.

BALANCE

Amount to be financed.

Facility fee

Fee charged for providing credit.

Frequency

How often are repayments made?

Payments in advance

Number of repayments on signing the agreement.

First payment due

m    d

Months and days after signing.

Future payments

Number of regular repayments.

Interest rate

%

Yield rate.

Compounding

How often is Interest added?

Balloon

Final repayment at end of term.

Balloon delay

Delay from last regular repayment.

Option to Purchase fee

Fee charged at end of term.

Balloon rate

%

Interest rate charged on Balloon.

Subsidy

Cash sum to reduce the APR.

Power at the Point of Sale