This free application will help businesses like consumers to calculate the financing costs of their sales / purchases with credit cards for Argentina.

Supporting Now 3/6/12/18 and fees from 2 to 50.

Functioning:
To use it you must go to the Simulator; enter the spot price; select the amount of fees; indicate the T.N.A (Annual Nominal Rate) according to the number of installments and the bank (consult your bank for better results); Finally, indicate the VAT of the financing and click on Calculate!

You will receive as a result: Cash Price, Amount of Quotas, Sale Price in Quotas, Value of each Quota, T.E.A, C.F.T and the Coefficient.

This tool is also very useful for businesses in relation to the government initiative whereby merchants must exhibit the Total Financial Cost, that is, the price of paying cash or in installments.

NOTE: Simulator prepared on the basis of a consultation made before the National Secretariat of Commerce, in its capacity as authority for the application of Law 25.065. It has a merely indicative purpose. For the calculation of the CFT, it only considers the concepts applicable to the generality of the cases: interest and VAT of the interest. However, it should be taken into account that the commissions and other charges related to the financing of the sale and / or the cost of the means of payment used are computable, which should be included in the calculation of the CFT; and the tariff of article 15 of Law No. 25,065, withholdings or tax payments is not included in the calculation of the CFT.