Click “Create New Loan” and then select the appropriate repayment type.
Select which type of repayment matches your loan.
Repayment types at a glance
Repayment type | Description | Suitability |
Equal Installments | You pay the same total amount in every period (annuity): a mix of interest and repayment that keeps the installment constant. Early installments consist mostly of interest, later ones more of repayment. | Good for predictable liquidity. |
Equal Principal | You pay the same repayment amount in every period. Interest is calculated on the remaining balance, so your total payment decreases over time. Higher initial payments, then decreasing. | Ideal for fast debt reduction. |
Bullet | During the term you pay only interest and repay the full amount at the end in one lump sum (bullet). Low ongoing payments, but a high final installment. | Common for interim or bridge financing. |
Zero-coupon | No periodic interest is paid; interest accrues and becomes due together with the entire principal at the end. | No intermediate payments, a single final payment. |
After selecting, click “Continue” to open the side panel.
In the right-hand area of the loan side panel, create a new loan.
Under Loan Details enter the basic information such as Name (required), optionally a Contract Reference and Description, as well as the Start Date and the Term (years).
In the Loan Conditions section, enter the Lender and Borrower (required), select the Frequency of payments (e.g., monthly) and enter the Amount (EUR) as well as the Interest rate per year (%).
Optionally, a Repayment percentage per year (if enabled) can be specified. Alternatively, a slider can be used to define a fixed repayment amount per period. In this case, enter the desired amount (e.g., the monthly repayment) directly in the “Repayment amount per period” field.
Additionally, a Processing Fee (EUR) can be added.
Finally, save your entries.
After filling in the details, you can generate the repayment schedule and check it in the preview.
Special topic: Balloon loans
If a fixed repayment amount/percentage is chosen that does not fully repay the loan, a remaining debt (balloon) automatically remains at the end of the term. It is settled in full automatically with the last installment.
Note: This applies to both annuity loans and loans with equal principal repayments.