A loan in the amount of 1500 at 11% annual interest rate for 24 months.

You can use our convenient online calculator above to calculate a consumer bank loan for the amount of 1500 (one thousand five hundred) dollars, including all monthly payments amounting to 70 dollars and the total cost of servicing. Simply specify the desired interest rate of 11% per annum and the term of 24 months for which you want to take a loan in the amount of 1500 dollars. Get the calculation right now and make an informed decision about your financial future.

Loan amount: 1500 dollars (one thousand five hundred dollars)
Annual interest rate: 11%
Loan term: 24 months
Inflation: 9 %


Total payment: 1678 dollars (one thousand six hundred seventy-eight dollars)
Monthly payment: 70 dollars (seventy dollars)
Overpayment: 178 dollars (one hundred seventy-eight dollars)
Overpayment considering annual inflation: 31 dollars (thirty-one dollars)

Please note that different banks may apply other fees that can affect the total cost of the loan. For example, when using credit cards, there may be a cash withdrawal fee. It is important to note that according to legislation, the issuance of a loan should be made without additional fees. However, other additional payments may apply, which should be clarified at the bank and carefully reviewed in the contract to be aware of all possible overpayments.

Payment table