# How to calculate the monthly payments of a car loan?

### How to calculate the monthly payments of a car loan?

The last of the simulation tools to consider is the reported 12-month percentage interest rate. By applying the following formula: M = K x (t/12)/1-(1+t/12)-n, the borrower will obtain the calculation of his car loan (M being the monthly paymentK the capital, t the APR and n the number of monthly payments).

### What is the minimum threshold to live?

The rest to live minimum in adults in couple in 2021 So the rest to live minimum in 2021 to two adults in couples is of €800, or €400 per person.

### How to calculate the monthly payment of a loan?

The monthly installment = Loan amount x Personal loan rate / Number of installments in the year 1 – (1 + Personal loan rate / Number of installments in the year)-Number of installments * Number of years of the term

### How to calculate monthly savings payments?

You can define the period of the monthly payments as well as the fixed but compound annual interest rates that you wish to apply to your savings. Note that the monthly payment is considered to be invested at the beginning of the month and the interest until the end of the last month of the investment.

### How to calculate the amount of a payment?

Calculation for each installment. A technique to find the result would be to set a schedule indicating the periods and the constant payments. To obtain the amount collected after the first payment is simply obtained with an elementary rate calculation. =Amount*(1+monthly rate)

### How to calculate the amount of a monthly payment?

The first step is to find the monthly rate: Then, the calculation of the amount of the monthly payment: The number of monthly payments is equal to: 20 x And finally, the amount of interest: