Loan condition setting example
Choose “Fixed” type and then set an annual interest rate.
Choose “30 years”.
The default unit is “Times (months)”. The unit can be changed by choosing “Year” button.
Choose “Equal interest payment”.
“Equal interest payment” means that the monthly payment (Interest and Principal) is fixed over the life of the loan.
Here bonus payment isn’t set.
Bonus payment is a payment type which is common in Japan. You can calculate the loan combining with either yearly payment or twice a year payment with this settings.
Choose “Term” (or “Payment”) and then set accelerated repayment and the performing month.
Tap “Add new accelerated repayment data” to open the setting screen.
And deleting data can be done from the “Edit” button.