Loan Calculator
Calculate monthly loan payments
How Loan Calculator Works
The Loan Calculator computes monthly loan repayments, total interest costs, and amortization schedules for mortgages, auto financing, borey home loans, and microfinance facilities in Cambodia. Understanding the total cost of credit helps borrowers make sound financial commitments.
Standard Amortization Formula
Using the standard annuity formula for fixed monthly payments:
M = P × [r(1 + r)^n] / [(1 + r)^n - 1]
Where M is the monthly payment, P is the principal loan balance, r is the monthly interest rate (annual rate divided by 12), and n is the total number of monthly payments.
Borrowing Tips for Cambodia
In Cambodia, commercial banks and microfinance deposit-taking institutions (MDIs) typically quote interest rates in either USD or Khmer Riel (KHR). Check whether fees (processing fees, legal registration fees, fire insurance) are capitalized into the loan balance.