Dynamics of Payments under the Loan

For temporary saving of results of calculation on our web-server we use unique file name, based on your eMail, but it does not equal to eMail and it will not publish. You cannot receive spam this way.

Calculation of monthly payments of duties under the bank loan.
The gift part of the loan ("mashkanta") does not enter into the sum for calculation.
It means equal payments under the loan in view of bank percent, but without taking into account Price index.
For calculation of factors of table Spitzer enter the sum 10000 (shekel, rouble, dollar etc.).
The first line of the table (without a price index) will show you factors Spitzer.
In this calculation the bank annual percent (ribit) is taken into account, binding of share payments to a price index and prospective mid-annual price index (inflation).
Results of calculation can be used for an estimation of the sums of payments as on usual bank to loans, and under so-called preferential hypothecary loans ("mashkanta").
Insurance of the loan is not taken into account (approximately 1 %).
Calculation is carried out for all period of payments, but results are deduced only for the period of time necessary to you in the past (for the control) or in the future (for the forecast).
Results of calculation will help you to solve the problem, take or to not take the loan and if to take, that for what term and in what it will cost?
If the loan already hangs on you you can model variants of preschedule payment parts of the loan, or change of terms of payment, or return of the loan as agreed with bank. It to some extent depends on you and will help to prevent a financial trouble In the future because of excessive self-calmness in the present.
Payments steadily grow, and opportunities to pay...?
If for purchase of an apartment or for business you took different loans for different conditions (or even with different terms the beginnings and the end of payments), under each loan it is necessary to make separate calculation, and then to summarize payments on conterminous months.
It is possible to make calculation for the rest of the loan and the rest of term of payments at present, to exclude accumulation of mistakes because of discrepancy of the indication of a price index for the last years.

Your data are confidential and will not be transferred to someone else.

Your Name
Your e-Mail (For example alex_k2791@bezeqint.net): It is necessary to save temporary unique results for you on our server and to send them for you. Your e-mail will not be published in any place. You can enter any email (we do not test it). The problem my be if in the same time somebody else used the same e-mail... The results will be interfered.
The initial sum of the loan (the basic fund) Or the rest of the debt at present. The sum is set in your national currency or in $USD. Do not make breakdown on groups of figures (on thousand, etc.). Sign on monetary unit do not enter. Example: 125000 (shekels, dollars or roubles, etc.)
Number of Payments Number of "full" years and number of months for last incomplete year. If you have entered the rest of the debt here it is necessary to enter the rest of term of payments.	Number of Years (0-30) Number of Months (0-11)
Annual bank % Usually constant for all period of payments. In Israel of 3.5 % - 7.5 %. Sign on % do not enter.
% Bindings of share payments to a price index. For bank loans - 100 %, for preferential mashkanta were 80 %. Sign on % do not enter.
Mid-Annual Price Index. Assumptions for the stayed period of payments. 2-15 % in Israel for the period since 1993 Sign on % do not enter.
Settlement year and month from the beginning of payments Initial month for display of results. If you have entered the Rest of the debt, it is necessary to enter number of the months after registration of this Rest.	Init.Year to Show (0-30): Init.Month to Show (0-11)
Number of months for output of results from Settlement year and month (1-360...) 0 = all rest of term after settlement year and month.
Interval to Show Results. 1-12 months (or payments).

The NOTES.
1. Do not press twice button Submit, yet do not receive result of calculations from our web-server.
It can occupy some seconds.
2. You can copy results of calculations on the personal computer from the menu of your browser (" File/Save As.. " - Choose a name of a file, type html and keep in it page of results).

Vitaly Eremenko.