Simple Interest – Weekly/Monthly/Yearly Calculator

Simple Interest – Weekly/Monthly/Yearly Repayment Calculator

Calculate interest and repayment schedules for simple-interest loans. Choose whether interest is charged weekly, monthly or yearly, and whether it is based on the original or remaining balance. Optionally set a higher payment to start reducing the principal.

Main Inputs

Currency

Loan Amount (Principal)

៛

Interest Rate

Monthly Payment

៛

Set a monthly payment above the interest amount to start paying off the principal.

Optional Settings

Rate Period

(Default for Cambodia is Monthly)

Calculate Interest On

Loan Start Date (optional)

Payment Start Date (optional)

If the payment is less than the interest, add the shortfall to the balance This is how most Cambodian lenders work — unpaid interest is added to what you owe, so the debt grows. Untick to keep the balance unchanged and track the unpaid interest separately.

Summary Results

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Loan Amount

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Total Interest Paid

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Loan Term

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Wise Financial Cambodia

Wise Financial Cambodia

Simple Interest – Weekly/Monthly/Yearly Repayment Calculator