Financing calculator

Estimate the monthly repayment of a loan from your own figures. Nothing is filled in for you.

This is an estimate for information only. It is not a loan offer, a loan approval or financial advice. Ask a bank or a licensed adviser for actual terms.

Purchase price (XAF)

Whole francs, for example 50 000 000.

Down payment (XAF)

From 0 to the price.

Annual interest rate (%)

From 0 to 30 %, for example 7.5 or 7,5.

Loan duration (years)

From 1 to 30 years.

Additional purchase costs (XAF)

Optional: fees, registration and so on.

Recurring monthly costs (XAF)

Optional: insurance, service charges, property tax.

How this is calculated

The loan is the price minus the down payment. The monthly repayment is the loan multiplied by the monthly rate, divided by one minus (1 + monthly rate) to the power of minus the number of months. With a 0 % rate, it is the loan divided by the number of months. The totals multiply the repayment by the number of months.

It assumes a fixed rate and monthly payments. It adds no fees or insurance unless you enter them, and applies no taxes.

Each amount is rounded to the nearest franc on its own. The totals use the exact repayment, so they may differ by a franc from the rounded repayment times the number of months.