Flat to Effective Interest Rate Calculator

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Flat to Effective Interest Rate Calculator

Total Loan

RM

Tenure

Year(s)

Interest Rate p.a.

%
Monthly Installment Amount

RM 2,250.00

Total Payment

RM 135,000.00

Effective Interest Rate p.a.

12.50%



Frequently Asked Questions About Flat to Effective Interest Rate
  • What is the difference between Flat and Effective Interest Rate?
  • Why is it important to know the Effective Interest Rate when taking out a loan?
  • What factors affect the Effective Interest Rate?
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