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German Amortization System


The amortization by German system is characterized by interest paid in advance, equal payments, except for the first installment, which is related to the interest. Capital amortization and the interest, respectively increasing and decreasing.
Enter the data: The principal, number of payments in months and monthly interest rate. Use the point as a decimal separator. Ex 2,533.34 enter: 2533.34; The results will be displayed automatically after click on "Calculate".

German Amortization System
Principal:
Period in months:
Monthly interest rate:
     
First payment (Interest):
Monthly installments:
Total interest:
Total payments:
Amortization Table





                                         

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