Monthly instalment, total interest and total repayment for a loan.
With Abzario's loan calculator, calculate the monthly installment of a bank loan, the total interest paid, and the total repayment amount using the equal-installment (annuity) method — the same method used by most banks in Iran.
Installment = (Amount × Monthly rate) ÷ (1 − (1 + Monthly rate)^−Number of installments)
Sample calculation
A loan of 200 million Toman with 23% interest over 36 months has a monthly installment of about 7.8 million Toman.
People search for: “monthly installment for 200 million loan over 36 months”
For a 200 million Toman loan with 23% interest and a three-year repayment term, the fixed monthly installment is calculated.
Monthly installment: about 7,800,000 Toman
Calculate with the Loan calculatorPeople search for: “how is total loan interest calculated”
Total interest equals (monthly installment × number of installments) minus the principal loan amount.
Total repayment: 280,800,000 and interest: about 80,800,000 Toman
Calculate with the Loan calculatorYes, it uses the equal-installment (annuity) method, which is the basis for most bank loans.
Enter the annual rate; it is automatically converted to a monthly rate.
With a 23% interest rate and 36-month repayment, the monthly installment is about 7.8 million Toman; the figure changes if the rate or term changes.