Loan now or save up

Big purchase: borrow today or save up — comparison with inflation

Parameters

Purchase price today, UAH

Loan rate, %/yr

Loan term, mo

You can save/mo, UAH

Savings yield, %/yr

Price growth, %/yr

Comparison

Loan: total cost126,891 ₴ (+26,891 loan overpayment)

Saving: purchase cost114,974 ₴ · 21 months to save

Verdict: Under these terms saving is cheaper — the loan overpayment exceeds the price growth.

Simplified model: loan is annuity, savings are monthly deposits at a rate, item price grows %/yr. Not counted: loan insurance, deposit income tax, risk of abandoning the savings plan.

À propos de Crédit ou épargne

Crédit ou épargne — borrow now or save up — what's cheaper with inflation. Finances: dettes, crédit ou épargne, frais, partage dépenses, enfant, cashback, assurance vie. Utilisez nos outils sans inscription ni installation de logiciel. Tous les calculs se font dans votre navigateur — vos données ne sont jamais envoyées à un serveur.