Installment Purchase Calculator

Calculate the final cost of an online purchase with interest, including monthly payments and total interest paid.

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How to Use Installment Purchase Calculator

Follow these simple steps to get the most out of this tool.

  1. 1

    Enter Purchase Price

    Input the original price of the product you want to buy.

  2. 2

    Enter Installment Details

    Provide the number of monthly installments and the monthly interest rate.

  3. 3

    Calculate Total Cost

    The calculator will show your monthly payment, the total interest charged, and the final amount you will have paid.

About Installment Purchase Calculator

Learn more about the purpose and features of this tool.

The Installment Purchase Calculator helps you understand the true cost of buying an item over time with interest. Before you commit to a 'buy now, pay later' plan, use this tool to see how much you'll actually spend. Enter the item's price, the number of monthly installments, and the interest rate to reveal the monthly payment, the total interest, and the final cost of your purchase.

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