Buy Now, Pay Later (BNPL) Calculator

Use this calculator to get the monthly payment and the implied interest rate of a BNPL plan.

Index
This tool helps answer :
  1. What is the implicit fee and the implied interest rate of the buy-now-pay-later (BNPL) plan?
  2. Should I pay the full cash price now, borrow the money from personal loan to pay for the purchase, or use the BNPL plan offered by the vendor?
BNPL plan offered
Initial downpayment
Plus, payment(s) of , paid every
Purchase without using BNPL
You payment schedule
Using BNPL Without BNPL
Check the implicit interest rate

This BNPL's implicit fee & interest rate is / year.

The implicit fee & interest rate is the effective interest rate on a loan, reflecting the true cost of borrowing by using a BNPL plan. It is also the calculated IRR (internal rate of return) for the whole loan period from a lender's prospect.
Periodic BNPL Loan Payment Breakdown
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