6 min read
2026-03-01
Buying a car for 1,500,000 ₽:
Down payment: 300,000 ₽ (20%)
Loan amount: 1,200,000 ₽
Rate: 12%, term: 5 years
Monthly payment: ~26,700 ₽
Overpayment: ~402,000 ₽
Apartment renovation for 800,000 ₽:
Rate: 14%, term: 3 years
Payment: ~27,300 ₽, overpayment: ~183,000 ₽
| Was | Became |
|---|---|
| Loan 1: 15,000 ₽/month | One loan |
| Loan 2: 12,000 ₽/month | 22,000 ₽/month |
| Loan 3: 8,000 ₽/month | Rate below |
| Total: 35,000 ₽/month | Savings: 13,000 ₽/month |
Buying gadgets and equipment - it’s better to save up
Vacation - don’t start your vacation with debts
Time-limited “bargain” offers are usually a marketing ploy
Take a loan only if the asset you are purchasing increases in value or generates income, or if it is a vital necessity.
See also: Mortgage calculator, Interest calculator