A fixed percentage is added once to the amount after the down payment, then split into equal payments.
One-time fee (optional)
Compare the plans
Same price, down payment and number of payments. Tap one to switch.Payment schedule
Fixed markup · 12 payments, monthly
Each payment: $120.00 / month
Amount paid over time: $1,200.00
Markup: $240.00
Total you pay: $1,440.00
Equivalent yearly rate: 35.1%
- Still owed
- Markup
| No. | Payment (USD) | Principal (USD) | Markup (USD) | Still owed (USD) |
|---|---|---|---|---|
| 1 | 120.00 | 100.00 | 20.00 | 1,320.00 |
| 2 | 120.00 | 100.00 | 20.00 | 1,200.00 |
| 3 | 120.00 | 100.00 | 20.00 | 1,080.00 |
| 4 | 120.00 | 100.00 | 20.00 | 960.00 |
| 5 | 120.00 | 100.00 | 20.00 | 840.00 |
| 6 | 120.00 | 100.00 | 20.00 | 720.00 |
| 7 | 120.00 | 100.00 | 20.00 | 600.00 |
| 8 | 120.00 | 100.00 | 20.00 | 480.00 |
| 9 | 120.00 | 100.00 | 20.00 | 360.00 |
| 10 | 120.00 | 100.00 | 20.00 | 240.00 |
| 11 | 120.00 | 100.00 | 20.00 | 120.00 |
| 12 | 120.00 | 100.00 | 20.00 | 0.00 |
How to use
Choose the plan: "No interest", "Fixed markup" (a set percentage added to the price, common in shop installments) or "Interest" (a loan with a yearly rate).
Enter the price or loan amount and any down payment, as an amount or a percentage.
Set the markup or yearly rate, how often you pay (monthly, every 2 weeks or weekly) and how many payments.
Read the payment, the total you pay and the equivalent yearly rate, which makes different offers easy to compare.
Compare the three plans side by side, check what you can afford with your budget, and see the schedule by payment or by year.
Download the schedule as a CSV for Excel or Google Sheets, print it, or send the plan on WhatsApp: the link opens the same plan, filled in.
Frequently asked questions
What is the difference between a fixed markup and interest?
Why is a 20% markup over a year about 35% as a yearly rate?
Is the down payment included in the markup?
Why is the last payment a little different?
Is this financial advice?
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