The credit calculator

By means of the universal credit calculator you can calculate the sum of monthly payments under the credit (it can be as annua, and the differentiated payments), or the maximum loan value proceeding from your income. On a site of any bank there is a calculator of the credit, usually he allows to make a choice of concrete credit proposals of bank and to calculate the schedule of payments. Thus to choose the interest rate frequently it is impossible, it is defined automatically proceeding from a concrete credit proposal (a credit on mortgage, the autocredit, the credit for urgent needs, credit currency). The credit period choice also is frequently limited only by several variants. Using the credit calculator of bank makes sense only if you have already chosen your bank.
If you wish to evaluate simply the possibilities, to define what amount of credit, for what term and under what interest rate you can take, to you to the aid will come the universal credit calculator . In it you can change a crediting period (to within one month), the interest rate (to within the one 100-th percent), an amount of credit and type of payments (annua or the differentiated payment). The Credit currency does not play a role, the formula of payments under the credit does not depend on currency. The currency affects interest rate only, and you choose it independently. Result of calculation is not only the schedule of monthly payments, but also the sum paid for all period of crediting of interest.
Except account of monthly payments you can calculate the maximum amount of credit proceeding from your income. To evaluate the maximum loan value, it is necessary for you, besides a credit period and the interest rate, to know the sum of your monthly income and the maximum percent of the income directed on payment under the credit. As the monthly income banks accept the total income of a family, and here the percent of the income directed on payment under the credit in various banks fluctuates in the range from 30 to 50 percent.