Installment

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Installment.

Installment.

Ready Credit Installment Table

Illustration table shows installment calculation by using flat interest rate method

Loan Amount (IDR)
Flat interest rate / month
Monthly installment by Loan Tenor (IDR)
12
18
24
30
36
20.000.000 Tenor 12 & 18 months: 1,68%
Tenor 24, 30 & 36 months: 1,59%
2,002,667 1,447,111 1,151,333 984,667 873,556
40.000.000 4,005,333 2,894,222 2,302,667 1,969,333 1,747,111
60.000.000 6,008,000 4,341,333 3,454,000 2,954,000 2,620,667
80.000.000 8,010,667 5,788,444 4,605,333 3,938,667 3,494,222
100.000.000 10,013,333 7,235,556 5,756,667 4,923,333 4,367,778
120.000.000 12,016,000 8,682,667 6,908,000 5,908,000 5,241,333
140.000.000 14,018,667 10,129,778 8,059,333 6,892,667 6,114,889
160.000.000 16,021,333 11,576,889 9,210,667 7,877,333 6,988,444
180.000.000 18,024,000 13,024,000 10,362,000 8,862,000 7,862,000
200.000.000 20,026,667 14,471,111 11,513,333 9,846,667 8,735,556
Flat interest/month 1,68% 1,68% 1,59% 1,59% 1,59%
Effective interest/month 2,95% 2,94% 2,77% 2,73% 2,69%

NOTE:

  • Installment figures rounded up to the nearest hundred dollars.
  • Figures mentioned above are indicative only and can be changed at any time with notice.
  • The effective interest rate used for the calculation of the remaining loan to be paid, when customer repays early.
  • The loan amount, maturity and interest rates will be entirely dependent on the analysis and verification carried out by the Bank.
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