Step-by-step instructions on how to calculate the percentage per annum of the amount of the deposit and loan. Calculation of annual interest Purchase of Securities

If you intend to buy an apartment or any other real estate on credit, it would be useful to calculate the monthly mortgage payment in advance. Knowing the possible amount of monthly payments, a potential borrower can easily calculate the maximum mortgage amount, overpayment and loan term.

To accurately calculate mortgage payments, it is very convenient to use a special program available to everyone - a mortgage calculator. This program, which contains a set of mathematical formulas, is used to calculate all significant credit ratios. The most important function of the program is the online mortgage calculation. Using the calculator, the borrower can easily calculate all the key mortgage terms: payments, mortgage amount, overpayment, terms, and others.

In order for the result of the calculation of the mortgage made on the calculator to be accurate, it is necessary to take into account such parameters as the interest rate, various fees and commissions that may occur, as well as the amount of the down payment available to the borrower. Therefore, it will not be superfluous to clarify information with the bank about the size of the interest rate and commissions for the selected loan program.

You can easily find a mortgage calculator online. Today, most banks place a similar program on their official websites. These services on the websites of banks help to calculate the mortgage and the loan conditions that are relevant for each particular borrower - an individual interest rate, payments, etc. Such services usually already take into account the category of the borrower, the type of housing being purchased, the possibility of connecting an insurance program or abandoning it, the right loan program.
There are online calculators that calculate the size of the mortgage, posted not only on the websites of banks, but also on other Internet portals specializing in such services. Such calculators will also easily calculate the terms of the loan according to the parameters set by the user. Online calculators give borrowers an excellent opportunity to pre-calculate all the parameters they are interested in without visiting the bank.

However, do not forget that the result of the calculation obtained on the services that are located on third-party sites will not be final. For professional advice and an accurate calculation of the mortgage on real estate, you can contact the manager directly at the bank. The Mortgage Calculator is a convenient service that allows those who plan to purchase housing on credit to pre-evaluate their capabilities in order to understand the degree of long-term credit burden.

Interest rate

The interest rate is a very important parameter when calculating a mortgage. Measured in percentage per annum. This parameter shows how much interest is charged on your debt per year. For clarity, let's take a specific value of the interest rate - 12%. This means that another 12% of the debt amount is added to your debt annually, BUT: with mortgage lending, the bank charges you interest not once a year, but daily on the remaining amount of the debt. It is not difficult to calculate how much interest is charged every day: 12% / 12 months / 30 days = 0.033%.

If you have already used our mortgage calculator and made the calculation, you probably noticed that the monthly payment consists of two parts: principal and interest. Since your debt decreases every month, less interest is charged. That is why the first part of the payment (principal debt) grows, and the second (interest) decreases, and the total amount of the payment remains unchanged throughout the entire period.

Different banks offer different interest rates, they depend on various conditions, for example, on the size of the down payment, on the type of housing being purchased, etc. Obviously, you need to look for the option with the lowest rate, because even a difference of half a percent will affect the amount of the monthly payment and the total overpayment on the loan:

Table 1. Demonstration of the influence of the interest rate on the parameters of the loan.

Fixed and floating interest rate

Fixed interest rate- This is the rate on the loan, which is set for the entire term of the loan. It is written in the loan agreement and cannot be changed.

floating interest rate- this is the rate on the loan, which is not a constant value, but is calculated according to a formula that is defined in the contract. The rate consists of two parts: The first component is floating, tied to some market indicator (for example, Mosprime3m or the Central Bank refinancing rate) and changes with the frequency specified in the loan agreement (for example, monthly, quarterly or every six months). The second component, fixed, is the percentage that the bank takes. This part remains always constant.

Annuity and differentiated payment

• Annuity payment - a variant of the monthly loan payment, when the amount of the monthly payment remains constant throughout the loan period.
• Differentiated payment - a variant of the monthly loan payment, when the amount of the monthly payment to repay the loan is gradually reduced towards the end of the loan period.

Currently, the most common annuity payment.

Use this calculator to calculate amounts of monthly payments, effective interest rate which all banks are now required to indicate and overpayment amounts on credit. After completing the calculation, you will find out which part of the money goes to repay the principal on the loan, which part to pay interest.

There are two types of calculators. This calculator allows you to do both types of calculation:

• Annuity payment - the same monthly payments, including the amount of interest plus the amount of the principal debt. This method of calculation is the most popular;
• Differentiated payment - payments that decrease towards the end of the term. They include the permanent part of the principal debt plus interest on the remaining part of the loan.

On our website, you can use a loan calculator to evaluate various loan programs and get a monthly payment schedule without contacting the bank.

The loan calculator presented to you is extremely simple compared to other similar services. Some of them may offer calculation in Excell by downloading a file, which in our time may seem like an anachronism. This calculator takes into account the size of the loan, term, interest on the loan according to the program chosen by the borrower.

Rates on bank deposits continue to grow following the forecasts of experts made at the beginning of the year. The seasonal decline in the activity of investors in the financial market led to an increase in the profitability of deposits by banks to attract new private depositors. In the second half of the year, one third of the largest credit institutions raised their rates on deposits. We have already written about and. In addition to them, today a dozen Moscow banks offer savings programs at 12 percent or more. Let's take a closer look at some of them.

"Maximum" contribution of Rosinterbank

Rosinterbank will help to fill the piggy bank of private individuals' savings with a significant coin. Even a modest amount will grow by 12.1% annually.

Some clients start saving from 10 thousand rubles, others make a decision that they do not regret at all and contribute the maximum possible amount of 10 million rubles to the "Maximum" deposit. For three years, the deposit can be replenished more than once with additional contributions from 3 thousand rubles, which will make it even more profitable.

But even without additional contributions, client funds grow by a significant amount. And this happens not quarterly, as in other banks, but monthly.

The deposit does not have an expense in installments, but you can terminate the contract ahead of schedule. If this happens one year after opening the account, then the accrued interest rate will remain half. If earlier than in 366 days, then the client's savings will increase with interest at the rate of the "On Demand" deposit.

It is convenient to control the state of the account using the Internet bank. The system allows you to transfer funds from another account with an additional contribution, easily and quickly get up-to-date information on the movement of funds during capitalization and interest accrual.

The "Happy Depositor" program provides for free issuance of a debit plastic card. MasterCard Gold as a gift to customers who signed an agreement from 700 thousand rubles. A depositor with a smaller amount receives a MasterCard Standard.

Rosinterbank has 27 offices in the Moscow region. And he is constantly expanding his retail network for the convenience of his customers. For two decades of professional work, the bank has earned the right to be among the leaders in banking.

"Loyal deposit" of the Moscow Credit Bank

Everyone who remains faithful to their bank is dedicated to the Loyalny deposit. - a rare thing. But regular customers have this opportunity since August this year.

Everyone who is ready to open a deposit for more than 370 days will receive 12% per annum. The deposit product is interesting in that the minimum amount is only 1,000 rubles. The upper limit is limited to ten million rubles. It is allowed to replenish the deposit up to this amount at any time, and with a contribution of any size. At the end of the term, it can be extended for the same, but the prolongation is provided for no more than two times.

Interest is calculated monthly, which is capitalized or transferred to a plastic card, at the discretion of the owner. In the second case, the client has the opportunity to use the accumulated funds on a monthly basis. Interest will also be paid in case of early termination of the transaction. If more than 185 days have passed since the signing of the deposit agreement, then you can count on half of the originally agreed rate.

Many customers prefer to manage their account remotely, using the MKB Online electronic system, which helps them choose any other bank product and link it to a plastic card. When opening a deposit, you do not need to carry cash rubles. The required amount is transferred from the bank account by bank transfer. Wealthy clients with a deposit of more than 3 million rubles receive a platinum or gold card of one of the Visa or MasterCard payment systems free of charge.

The almost impossible combination of 1 year, 1 thousand and 12% is beyond the usual offers of other banks. But Moscow Credit has a loyal attitude towards those who have already entrusted their money to the bank. Those who have had no more than six months since the last deposit was closed can also count on a deposit with increased profitability.

It remains to add that this year the Bank celebrates its 20th anniversary. The network of its divisions consists of more than 70 offices in the Moscow region.

"Profitable" deposit of the Russian Land Bank

The leader in increasing the savings of customers, of course, is the “Profitable” deposit of the Russian Land Bank. To rise to an unattainable height and offer its depositors 14% per annum has allowed its fairly long-term stable financial position in the banking services market.

5 million rubles (this is the minimum deposit amount for a rate of 14%) will increase over the year by 745,927 rubles. More modest investments will also have effective returns: 12% for amounts from 100 thousand to 700 thousand rubles. and 13% for amounts from 700 thousand to 5 million rubles. You can choose a personal term for keeping money on deposit: one or two years without the possibility of its automatic renewal. The maximum deposit amount is not limited.

The account can be replenished at any time and with any amount from 10 thousand rubles, but no later than one month before the end of the term. The increase in savings is also due to the capitalization of interest. If, due to additional contributions or accruals during capitalization, the total amount of the deposit exceeds the thresholds of 700 thousand and 5 million rubles, then the interest rate will be automatically increased to 13 and 14 percent, respectively. Under certain conditions of capitalization, the effective interest rate can increase up to 14.76%!

It is possible (except for capitalization) to withdraw monthly accrued interest in cash or transfer it to another account of the depositor. The client himself chooses one of three ways of paying interest.

Owners cannot use individual parts of the deposit, but there is an option to withdraw the entire amount of the agreement together with accrued interest. In this case, the rate will be reduced by half.

CB Russian Land Bank employs true professionals who are not indifferent to their work, which allows it to pursue a policy of trusting, long-term and effective relationships with its clients for many years.

"Chocolate" deposit of Ogni Moskvy Bank

The bank offers conditions as sweet as fine Swiss chocolate to its depositors. You can accumulate funds and increase your savings here at a rate higher than in a real Swiss bank. This deposit is not available for legal entities. Both wealthy and more modest individuals are attracted by the impressive rate of 12%.

To conclude an agreement, it is enough to have 5,000 rubles. free cash and an identity document. The contract is concluded for one, two or three years. Each term has its own yield. Prolongation of the deposit is not provided, but it is possible to sign a new deposit agreement. Additional contributions from 3,000 rubles are welcome, which are not accepted only during the last month before the end of the term.

It is permissible to withdraw funds in parts three months after the first deposit of money, while maintaining a minimum balance. The irreducible amount of the deposit will change during the entire period. It depends on the initial amount and all additional contributions. Makes no more than half of all contributions from the date of signing the contract, but should not be less than 5,000 rubles, i.e. minimum deposit amount.

Interest is calculated quarterly and is offered in three ways. At the choice of the client, the accrued income is transferred to a current account or a plastic card issued by the bank. If there is no need to immediately use these funds, then it is recommended to capitalize them, i.e. to increase the same contribution by them.

If the client wishes, he can withdraw the deposit amount before the end of the period specified in the contract. In this case, interest will also be charged, but at a different rate.

In addition to rubles, you can put euros and dollars on the Chocolate Deposit, but this will be a different agreement with different conditions. The ruble three-year deposit has the highest rate of 12 percent.

The client-oriented bank Ogni Moskvy is soon celebrating its 20th anniversary. During this time, it has established itself as a diversified and high-tech financial institution.

22.06.2017 0

Today, banks offer many services to the population, the most popular of which are lending and depositing. The policy regarding loans and deposits is largely controlled by the Central Bank of the Russian Federation, as well as Russian legislative acts. However, banks have the right to provide loans and place deposits on certain conditions, if this does not contradict the law.
According to statistics, every 10th Russian is a client of this or that bank. That is why the question of how the annual interest on a loan or bank deposit is calculated is so important. In most cases, interest refers to the size of the bet. The total amount of overpayment on the loan, as well as the amount of the monthly payment, depends on the rate.

Annual percentage of deposits: calculation according to the formula

First of all, consider bank deposits. The conditions are specified in the agreement at the time of opening a deposit account. Interest is charged on the deposited amount. This is a monetary reward that the bank pays to the depositor for the use of his money.

The Civil Code of the Russian Federation provides for the possibility of citizens to withdraw a deposit at any time, along with accrued interest.

All the nuances, conditions and requirements for the deposit are reflected in the agreement between the bank and the depositor. The calculation of annual interest is carried out in two ways:

Annual percentage of the loan: calculation by the formula

Today, the demand for loans is huge, but the popularity of a loan product depends on the annual interest rate. In turn, the amount of the monthly payment depends on the interest rate.

When considering the issue of calculating interest on a loan, it is necessary to familiarize yourself with the basic definitions and features of lending in Russian banking institutions.

The annual interest rate is the amount of money that the borrower agrees to pay at the end of the year. However, interest is usually calculated on a monthly or daily basis for short-term loans.

No matter how attractive the interest rate on a loan looks, it should be understood that loans are never issued free of charge. It does not matter what type of loan is taken: a mortgage, a consumer loan or a car loan, the bank will still be paid an amount more than they took. To calculate the amount of monthly payments, it is necessary to divide the annual rate by 12. In some cases, the lender sets a daily interest rate.

Example: a loan is taken at 20% per annum. How much interest from the body of the loan is required to pay daily? We believe: 20% : 365 = 0,054% .

Before signing a loan agreement, it is recommended to carefully analyze your financial situation, as well as make a forecast for the future. Today, the average rate in Russian banks is about 14%, so the overpayment on the loan and monthly payments can be quite large. If the borrower is unable to repay the debt, this will lead to the imposition of penalties, lawsuits and loss of property.

It is also worth knowing that interest rates may vary depending on their condition.:

• constant - the rate does not change and is set for the entire loan repayment period;
• floating depends on many parameters, for example, on the exchange rate, inflation, refinancing rate, etc.;
• multilevel - the main criterion for the rate is the amount of the remaining debt.

Having become familiar with the basic concepts, you can proceed to the calculation of the interest rate on a loan. For this you need:

1. Find out the balance at the time of settlement and the amount of debt. For example, the balance is 3000 rubles.
2. Find out the cost of all elements of the loan by taking an extract from the loan account: 30 rubles.
   Using the formula, divide 30 by 3000, you get 0.01.
3. We multiply the resulting value by 100. The result is a rate that regulates monthly payments: 0.01 x 100 = 1%.

To calculate the annual rate, you need to multiply 1% by 12 months: 1 x 12 = 12% per annum.

Mortgage loans are calculated much more complicated, because. include many variables. For a correct calculation, the loan amount and interest rate will not be enough. It is better to use a calculator that will help you calculate the approximate rate and amount of monthly mortgage payments.

Calculation of annual interest on a loan. Online calculator (balance by month and overpayment amount)

For a detailed determination of the annual interest on the loan, the distribution of the balance of the loan body by month and year, as well as displaying information in the form of a graph or table, you can use the online calculator for calculating

By placing their own savings in a deposit, each investor expects to receive the maximum income from investments. Interest rates on deposits are determined by the policy pursued by each credit institution, so they are completely different. The maximum interest is charged on deposits with strict conditions that cannot be withdrawn or replenished during the term of the contract.

Along with the general decrease in interest rates on loans, the interest rates of banks on borrowed funds are decreasing. Is it possible to open a deposit at 12% per annum today? What offers do banks and other financial companies have? How can you place funds to get an income of 12% per annum?

What affects the interest rate on deposits

Each financial company has its own programs to raise funds in deposits. The return on investment depends on many factors:

1. Current refinancing rate. In 2017, it decreased 4 times and now stands at 8.5% per annum. Reducing the rate leads to a decrease in interest on deposits.
2. Investment risk. The higher the investment risk, the higher the interest rate. The parameters of risky operations include the following factors: the reliability of the company, in which operations it invests the attracted funds, whether they are insured by the state, etc.
3. Investment term. Long-term investments have higher returns than short-term ones.
4. Additional deposit options: the possibility of replenishment and withdrawal, capitalization of interest, connection of an additional package of services lead to a decrease in the return on investment.
5. Increasing competition between financial companies. Deposits are the main source of resources for banks. Growing competition leads to the fact that companies are forced to increase the interest on attracted funds, losing their own profits.

Banks offering the highest interest rates on deposits

A deposit of 12 percent per annum is not possible today. The maximum interest rates are up to 8–9% per annum:

Many banks reduce the effective interest rate on deposits, offering to connect additional options to the deposit: partial replenishment, partial withdrawal, capitalization of interest, the ability to manage the deposit, etc. They are paid.

Benefits of investing in bank deposits:

1. Bank deposits are considered a stable investment tool.
2. Despite the low yield, investments are reliable. They are classified as low-risk operations, as they are insured by the DIA. If a credit institution has problems, customers will lose only a percentage, but the body of the deposit will be paid to them in full (up to 14 million rubles).
3. Funds are protected from inflation, investments bring a stable profit.
4. The safety of funds is ensured.

Ways to place funds at 12% per annum and above

Investors who wish to place their own funds with a yield of 12% per annum and above have this opportunity, but it is associated with increased risks. Ways of placing funds at 12% per annum and above:

• purchase of mutual funds;
• investments in financial companies;
• purchase of Securities.

Purchase of mutual funds

Mutual funds are a popular way to invest. Today there are many mutual funds, many of which are subsidiaries of credit institutions. The mechanism of investment is simple: investors place funds in a mutual fund, and specialists who manage mutual funds invest them in various operations. If the market situation is favorable, the funds will be placed wisely, and the unit holders will receive a good income. These investments have a number of features:

1. It is impossible to withdraw funds from the fund earlier than the term stipulated by the agreement.
2. The longer the placement period, the higher the yield on it.
3. When receiving income from investments, they are subject to personal income tax at a rate of 13%.
4. There is no guarantee of a fixed rate of return.
5. Investments are not insured.

How does the PIF work?

Examples of mutual funds from banks:

1. Alfa Capital Bonds Plus (Alfa Bank). Profitability for the year is 12.35%, you can sell shares without loss of income, transactions are carried out online from your personal account on the site. The client receives income in the event of an increase in the value of his shares.
2. Sberbank: Ilya Muromets Bond Fund- investing in government bonds of leading Russian issuers, yield 13.33%, "Balanced Fund" - a diversified portfolio of stocks and bonds, yield 20.76%, Dobrynya Nikitich Equity Fund- investing in shares of companies with high risk, but with the possibility of obtaining maximum income, the yield of 27.28%. The data is based on the results of 2016.
3. VTB Capital. Asset Management. Yield up to 35.85%.

Investments in MFIs

A new type of investment of funds are investments in microfinance companies. The process of investing is similar to investing in other financial companies: an agreement is concluded on investing funds on certain conditions. The investor transfers money to the company or buys bonds, it provides loans. The minimum investment threshold for individuals is set by law at 1.5 million rubles. Legal entities can invest from 100 thousand rubles. The profitability of the transaction depends on the term and amount of the placement, as well as on the degree of risk of operations conducted by the MFO.

Of course, you can reduce the risk of investments. For this you need:

1. Preliminarily analyze the MFI where you plan to invest money, find out the reliability rating, read reviews about the company, how long it has been operating in the financial market.
2. It is worth investing only in large companies that provide monthly loans for at least 30-35 million rubles.
3. Insure at your own expense investments in a reliable insurance company.

Investing in MFIs is easy. This can be done directly through the websites of companies by registering in your personal account; in some companies it is necessary to visit the office. All MFIs offer several investment programs, so the client will be able to choose the most suitable conditions for himself. When investing money for the first time, short-term programs are chosen, since they have less risks.

Companies' websites offer online calculators on which you can calculate the preliminary profitability of a transaction. Before signing the contract, you must carefully read its terms, the possibility of early termination, guaranteed profitability, availability of insurance, etc. Examples of reliable companies that offer a good percentage of return on investment:

Purchase of Securities

For the long term, you can buy securities of profitable companies: stocks, bonds, eurobonds. As the value of the security rises, the income of the depositor increases. However, no one gives a guarantee of growth, when deciding to buy securities, the client assumes all the possible risks of the transaction.

Only a specialist can independently make a choice of which securities to purchase, therefore it is unprofitable to carry out a transaction directly. To increase the likelihood of making good profits, brokerage companies are involved.

Popular brokerage companies:

The advantage of buying securities is a high level of profitability in the long term. Profitability will depend on the volume of investments and the profitability of the transaction in which the funds are invested. Buying a controlling stake in a profitable company provides an additional opportunity to manage it and influence its development.

Participation in transactions of brokerage companies reduces the profitability of the transaction. The cost of broker services is % of the trade volume. However, the participation of a professional in the operation significantly reduces the risk of the transaction, and increases the possibility of obtaining maximum income.

Comparison of ways to invest money

All investment methods have their pros and cons. There is no 100% option to get a high profit from a trade without risking anything. Before deciding on the method of investing money to receive an income of 12% per annum and above, it is necessary to analyze all the pros and cons of the chosen option.

Comparative table of profitability of investments in various ways:

Thus, in terms of the ratio of profitability/risk, investments in mutual funds and MFOs are the most acceptable. They provide an opportunity to receive income from the transaction with moderate risk. It is realistic to get an income from investments in the amount of 12% per annum, you just need to choose the right investment program.