Monday, July 14, 2014

Nevertheless, benq the calculations do not end here, because paying 1,000 euro today, you loan repa


In the current economic benq situation, many students have to take student loans to be able to izmācīties university and it just means that the students after graduation to start paying the loan, which is not easy, but in practice today is the launch of its own private pension fund third level, or private savings benq fund, but that it is more beneficial to try to repay student loans or to seek to make more money in the savings fund to pay?
Study loans are useful benq for education and obtaining a better job in the future, however, they impose new job-seekers a large loan burdens can be overwhelming because every month by paying a certain amount of the total amount of credit, however, is falling too slowly, which means only that if obtained additional funds should be diverted to repay the loan faster, because benq basically, the longer your loan does not repay the higher the total interest payments that you will repay the loan and repaying the faster you basically lose money in the future. To find out exactly how profitable is free funds towards repayment of the loan, you should know how your study loan interest rate, and whether benq it is variable or constant, and in both cases to clarify the last ten years the average rate to be taken as the basis for calculations . Next possible benq to calculate the overpaid amounts simply calculating its percentage of the total loan amount: If you borrowed 10,000 Euro studies, and the average annual interest rate is 4%, the first year you pamaksāsit 400 Euro, which is releasing on 12 months benq alone is 33.3 Euro interest-only payments, net of repayments of principal not yet!
Next, you need to know exactly how the money you could account for repayment of the loan, and again be estimated what would be the benefit from these funds. benq If you are suddenly available benq for 1000 Euro spare money and you expect these funds to invest in loan repayment or buy some new equipment, it is easy to figure out:
If you have paid 10,000 EUR 1000 repayment of the light of the calculations the same 4% per year, then next year you will have to pay 360 euros, which is about 40 Euro savings in one year! If you do this 10,000 Euro loans are taken for 15 years, which means that every month you will have to repay the principal amount of Euro 55.5 and the 33.3 per cent of the Euro, then next year, you've already paid back on time, even 666 Euro, then you basic amount will no longer benq just 8333 Euros, and it will no longer have to pay a percentage over the year only 333 Euro. And compared to Euro 1000 if they are not repaid, then you have the time, interest payments would have to pay 373 euros, and the total savings over 40 Euro.
Nevertheless, benq the calculations do not end here, because paying 1,000 euro today, you loan repayment term decline, and given that the interest payments decrease, then the calculation of the average monthly interest payment is about 18.67 Euros, you just figure out how many months it will be possible as soon as repay the loan: If, within one year, the average price was 55.5 euros, the LVL 1,000 divided by 55.5 meet 18 months, which means that on average you will save an additional benq 336 euro interest payments. And that means that you will save a total of 936 Euro, which you did not pay a percentage.
Provisions in turn are created with the idea to get a better standard of living in old age, and the sooner you will start to accumulate, the faster the compound interest will begin to work in your favor longer term and you'll earn more and greater and greater amounts. Internet available in a variety of compound interest calculators, but try to show you the slip calculations benq to understand how the amount of money invested now can help you in the future. If we take the example of the same Euro 1000, you could invest in a pension on the third level, and if the level of the average annual interest rate is 4%, which means that each year, your money will grow by 4%, which at first might not seem much, but after a long time has shown that a compound opportunity to: 1. year - 4% in 1000 The euro is 40Eiro, the total amount of the deposit - 1040 Euro 2nd year - 4% of the Euro 1040 is 41.60 euros, the total amount of the deposit - 1081.60 Euro 3rd year - 4% of 1081.60 euro is 43.26Eiro, the total amount of the deposit - 1,124.86 Euro fifth year - 4% from 1,169.86 Euro is 46.79Eiro, the total amount of the deposit - Euro 1,216.65 10th year - 4% from 1,423.31 Euro is 6.93Eiro total deposit amount - Euro 1,480.24 18th year - 4% from 1,947.90 Euro is 77.92Eiro, the total amount of the deposit - 20 th Euro 2,025.82 benq - 2,106.85 benq 4% of the euro is 84.27Eiro, the total amount of the deposit - 2,191.12 Euro 30s - 4% from 3,118.65 The euro is 124.75Eiro, the total amount of the deposit - 3,243.40 Euro
According to these calculations, we see that in 5 years with 4% of the profits will be earned for 216 euros, but the initial EUR 1000 will be doubled in the 18th year and the 30th year for the money will be more than three times its size. And given that this money is not being supplemented by additional payments from foreign

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