Money & shopping

Equal instalment plan

Split a remaining amount into cent-exact payments with due dates.

Equal instalment plan
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A clear answer. Here’s how.

Accepts non-negative amounts with at most two decimal places in one two-decimal currency. Divides remaining cents evenly; any extra cents are assigned to the earliest payments. Monthly dates use the first date’s day, clamped independently to each month’s end. Weekly dates add seven days. No interest, fees, business-day adjustment, contract or payment transaction is created.

See a worked example

Worked example

A fixed demonstration, separate from the values you enter above.

Total amount
1000
Upfront amount
100
Number of scheduled payments
6
First scheduled payment date
2026-11-30
Payment interval
Monthly from first-date day

Example result

First 5 rows of the example result
PaymentDue dateAmountRemaining scheduled balance
12026-11-30150.00750.00
22026-12-30150.00600.00
32027-01-30150.00450.00
42027-02-28150.00300.00
52027-03-30150.00150.00

Upfront 100.00. Cent-exact allocation; extra cents go to earlier payments. No interest or fees.