PV*SOL Expert 6.0 - Manual - Valentin Software

11.3.1.4 Financing
Number of Loans
Here you can enter the number of loans that you want to define. You can account for 0-3
loans.
Reference
Here you can give the loan a name, which will then appear in the Project Report.
Loan Capital
The amount of credit, with the calculation based on interest and repayment. The loan
amount can be entered as an absolute figure in euros or as a percentage of the
investment volume. Investment Volume is understood here as the investments plus oneoff
payments less subsidies.
Payment Instalment as a percentage of the loan capital (Discount)
This value specifies which percentage amount of the loan capital entered is actually
paid.
The loan amount paid is based on the loan capital multiplied by the disbursement rate.
The Total Disbursements for all loans should not be greater than the Investment
Volume defined above.
You will also need to define whether the loan is an Instalment Loan or an Annuity Loan.
Instalment Loan
With this kind of loan, repayments are made in equal instalments. The amount of interest
to be paid is recalculated after each instalment from the remaining amount of debt. The
total repayment amount is calculated from repayments which remain constant and interest
on an amount which reduces over the period.
Annuity Loan
With this kind of loan, repayments are made in equal instalments over the repayment
period. The loan repayment amount as a percentage of the instalment increases with
the number of instalments, while the interest percentage sinks correspondingly.
Period
The loan-repayment period.
Loan Interest
Nominal Interest Rate to be paid on the remaining debt.
Repayment-Free Initial Years
During this period no repayments, but only interest payments are made. In the
remaining time up to the end of the period, the loan capital is repaid in instalments.
Repayment Interval
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