Your Payments under Banlk's Loan

For calculation of personal Bank's Loan we use temporary file name, based on your eMail.
It allows to avoid intersections with other users.
We do not save and do not use your data in this page anywhere else.
Calculation of monthly payments for duties under the bank loan.
The gift's part of the loan (present for "mashkanta") does not include into the initial sum of loan.

This method use equal monthly payments under the loan and constant bank percent for ribit. The annually Price index is constant.
For calculation of factors of table of 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.

Your Name
Your e-Mail
The initial sum of the loan (the base Fund)
Or the rest of your debt for this calculation
Do not enter gapes or sign of your currency
Example: 125000 (do not enter $, ils or rub etc.)
Number of Payments
Number of full years and number of months in last year.
If you have entered the rest of the debt here,
it is necessary to enter the rest of term. 		Number of Years (0-30)
Number of Months (0-11)
Annual bank's %
It is constant for all term of payments.
Do not enter percent char %.
% Bindings of share payments to a price index.
For bank loans - 100 %, for preferential mashkanta it was 80%.
Do not enter char %
Mid-Annual constant Price Index.
Assumptions for the stayed period of payments.
Do not enter char %
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 rest months 		Init.Year to Show (0-30):
Init.Month to Show (0-11)
Number of months
to output results from Settlement year-month (1-360...)
0 = all rest of term after settlement year and month.
Step to Show Results.
Each 1-12 months (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 from the menu of your browser
Menu-File/Save As.. (your_file_name.html)


Algorithm and Programm of Vitaly Eremenko, 2006.


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The Site first published at July 11, 2004.
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