Amount of BRI Bank Loan Installments

BRI Bank Loan Installments

Do you want to apply for a BRI Bank loan? Want to know how much the ceiling and monthly installments are? The following is a simulation of the calculation of a BRI Bank loan and the amount of the installments.

BRI Bank Loan Installments

One type of interest used to calculate this BRI Bank loan is effective interest. What is effective interest? An interest rate calculation that refers to the remaining debt of the debtor’s owner. The amount of installments you have to deposit each month remains the same.

The only difference is the details of the principal installment portion and the interest portion. In the beginning, when the rest of your loan is still large, the interest portion will be larger while the principal installment is small.

At the end of the day when the remaining amount of your loan is low, the portion of the principal installment will be bigger. Meanwhile, the interest portion is smaller (according to the remaining installments). Well, here are some BRI Loan Simulations. The calculation below is based on the official BRI credit simulation page at https://bri.co.id/simulation-keuangan

Mortgage Simulation

KPR BRI is one of the credit facilities provided by Bank BRI to individual customers to buy or repair houses. The term KPR is often referred to as a home mortgage or home mortgage.

Example :

For a mortgage loan of IDR 350,000,000 with a tenor of 10 years and an effective interest rate of 5%. So, the amount of installments that you have to deposit is IDR 3,712,293.03 per month.

KPRS subsidized home loans

In terms of price, subsidized mortgages are certainly cheaper than non-subsidized mortgages. Because for subsidized housing, some of the interest rates have been paid by the government.

Example calculation:

BRI’s subsidized housing loan deposit of Rp. 200,000,000 with a tenor of 10 years and an effective interest rate of 5% is Rp. 2,121,310.30.

Investment credit

It is a credit facility from Bank BRI to finance business operations, including the need for procurement of raw materials, production processes, receivables and inventories.

The following is a simulation of BRI Bank investment credit according to the nominal amount:

Investment Credit with a ceiling of IDR 100,000,000

Interest rate is 10% per year for a period of 12 months, so the deposit is around IDR 8,791,589 / month. Here’s the table:

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Period Flower tree Total installment Remaining loan

May 2022 0 0 8,791,589 100,000,000

June 2022 833,333 7,958,255 8,791,589 92,041,745

July 2022 767,015 8,024,574 8,791,589 84,017,170

Aug 2022 700,143 8,091,446 8,791,589 75,925,725

Sept 2022 632,714 8,158,874 8,791,589 67,766,850

Oct 2022 564,724 8,226,865 8,791,589 59.539,985

Nov 2022 496,167 8,295,422 8,791,589 51,244,563

Dec 2022 427.038 8,364,551 8,791,589 42,880,013

Jan 2023 357,333 8,434,255 8,791,589 34,445,757

etc

May 2023 72,658 8,718,931 8,791,589 0

N.B:

  • Amount of interest paid : IDR 5,499,065
  • Amount of principal installment : IDR 100,000,000
  • Total amount (loan value + total interest) IDR 105.499,065

Investment Credit 20 million

Rp. 20,000,000 ceiling. Effective interest rate is 10% per year, with a term of 12 months. The monthly installment is IDR 1,758,318.

Period Installment of interest tree Total ags Remaining loan

May 2022 0 0 1,758,318 20,000,000

June 2022 166.667 1,591,651 1,758,318 18,408,349

July 2022 153,403 1,604,915 1,758,318 16,803,434

Aug 2022 140,029 1,618,289 1,758,318 15,185,145

Sep 2022 126.543 1,631,775 1,758,318 13,553,370

October 2022 112,945 1,645,373 1,758,318 11,907,997

Nov 2022 99,233 1,659,084 1,758,318 10,248,913

Dec 2022 85,408 1,672,910 1,758,318 8,576.003

January 2023 71.467 1,686,851 1,758,318 6,889,151

etc

May 2023 14,532 1,743,786 1,758,318 0

N.B:

  • Amount of interest paid : IDR 1,099,813
  • Amount of principal installment : IDR 20,000,000
  • Total amount (loan value + total interest): IDR 21,099,813

Investment credit 30 million

Ceiling Rp 30,000,000, Effective Interest Rate 10% per year, tenor 12 months. The monthly installment is Rp. 2,637,477. Here’s the table:

Period Installment of interest Principal Total Aug Remaining loan

May 2022 0 0 2,637,477 30,000,000

June 2022 250,000 2,387,477 2,637,477 27,612,523

July 2022 230,104 2,407,372 2,637,477 25,205,151

August 2022 210.043 2,427,434 2,637,477 22,777,717

September 2022 189,814 2,447,662 2,637,477 20,330,055

October 2022 169,417 2,468,059 2,637,477 17,861,996

November 2022 148,850 2,488,627 2,637,477 15,373,369

December 2022 128,111 2,509,365 2,637,477 12,864,004

etc

January 2023 107,200 2,530,277 2,637,477 10,333,727

May 2023 21,797 2,615,679 2,637,477 -0

Note:

  • Amount of interest paid :Rp 1,649,719
  • Amount of principal installment : IDR 30,000,000
  • Total amount (loan value + total interest): IDR 31,649,719

Investment Credit 50 million

Rp 50,000,000 ceiling, 10% effective interest rate with a 12 month tenor. The fixed installment is IDR 4,395,794 / month. Here is the installment table:

Period Installment of interest Principal Total installment Remaining loan

May 2022 0 0 4,395,794 50,000,000

June 2022 416,667 3,979,128 4,395,794 46,020,872

July 2022 383.507 4,012,287 4,395,794 42.008,585

August 2022 350.072 4,045,723 4,395,794 37,962,862

September 2022 316,357 4,079,437 4,395,794 33,883,425

October 2022 282,362 4,113,432 4,395,794 29,769.993

November 2022 248.083 4,147,711 4,395,794 25,622,282

December 2022 213,519 4,182,275 4,395,794 21,440,006

January 2023 178,667 4,217,128 4,395,794 17,222,879

May 2023 36,329 4,359,465 4,395,794 -0

Note:

  • Amount of interest paid : IDR 2,749,532
  • Amount of principal installment : IDR 50,000,000
  • Total amount (loan value + total interest): IDR 52,749,532

Information :

  • The details above are only simulations and estimates.
  • The calculation above does not include other costs that you must bear.

For other BRI Loan simulations, you can check them at:

https://bri.co.id/simulation-credit-investment

https://pinjaman.bri.co.id/simulation/briguna_angsuran

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