In consignado, installments are deducted directly from the payroll or INSS benefit, reducing risk for the bank and allowing much lower rates — typically 1%–2%/month vs 3%–7% for personal loans.
Personal Loan Calculator (Brazil)
Simulate installments, IOF, CET and total interest for different loan types.
Understand the differences between personal loan types in Brazil.
Personal loan modalities vary significantly in rate. Consignado (payroll-deductible) has the lowest rates because default risk is minimal. FGTS-backed loans use the FGTS balance as collateral. CDC (Crédito Direto ao Consumidor) is used for consumer goods financing. Unsecured personal loans have the highest rates. This tool calculates installments using the PRICE system, includes IOF and estimates the CET.
Simulate your loan and compare the total cost.
- Select the loan type and enter the desired amount.
- Enter the term in months and the monthly rate offered by the bank.
- View the installment, total paid, interest, IOF, and estimated CET.
Sources and references for this tool
These references help contextualize formulas, standards, APIs and limitations used on this page. They do not replace professional validation when a result has legal, financial, medical or operational impact.
- Banco Central — Empréstimos e financiamentosBanco Central do Brasil — Financial education for personal credit.
- Receita FederalReceita Federal — Official reference for Brazilian federal tax rules.
- Banco Central do BrasilBanco Central do Brasil — Official reference for rates, credit, exchange and the financial system.