hire purchase image

Hire Purchase Calculator

Easily get the effective interest rate that represents the true yield on a savings account or any investment that pays interest, considering the impact of compounding over time.

SQL Professional Hire Purchase Installment Calculator (Flat to Effective Interest Rate Calculator)

SQL Professional Hire Purchase Installment Calculator
(Flat to Effective Interest Rate Calculator)

Hire Purchase Loan Information

Total Loan Amount

$

Tenure (Years)

Year(s)

Interest Rate (p.a)

%

Cut off by financial year

Financial Start Month

Please do not leave this field empty

Loan Month

Please do not leave this field empty

Monthly Installment Amount
Final Month Installment Amount
Total Repayment
Effective Interest Rate

Payment Breakdown

Annual Capital Repayment

Print Details

Annual Capital Repayment Report

Hire Purchase Loan Info

Loan

:

Tenure

:

HP Interest

:

Interest

:

Capital Repayment Calculation

Monthly Installment

:

Final Month Installment

:

Effective Interest Rate

:

Financial Start

:

Loan Start

:

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