The monthly bank payment amount is calculated as the loan

Online loan calculator-free loan and mortgage calculation This is an equal monthly loan payment, which includes the accrued interest amount and principal amount of the loan. The calculation of bank annuity payments is based on several different formulas. Therefore, even if the interest rate is the same, the annuity payment amount of each bank may be different. Differential payment refers to a loan that is paid on a monthly basis. The loan decreases at the end of the loan term and consists of a fixed share of the loan principal and interest.