You will find our Excel calculation module on our homepage. This allows you to easily calculate the interest you pay per month for a personal loan or revolving credit . To calculate your interest per month in our Excel calculation module, you need the following loan data: the term, the loan amount that you have borrowed and the installment amount that you pay monthly. If you enter this information, the interest is easy to calculate and you will get a good indication of the interest that you pay monthly and annually for your loan.
If you want to calculate the interest per month of a personal loan in our Excel calculation module, it is important that you enter the original loan amount and the original term.
If you want to calculate the interest per month for a revolving credit, you can suffice with the current outstanding balance and the (theoretical) term of your revolving credit.
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