Loan Amortization Calculator — Spitzer Table

Calculate your monthly payment and full repayment schedule (לוח שפיצר) for any loan or mortgage under the equal-installment method used in Israel.

Important Notice: These calculators may not be accurate and should not be relied upon for any legal, tax, or financial decision. Results are indicative only and do not account for all relevant parameters or individual circumstances. IsraelLaw.info and Eli Shimony Law Office accept no responsibility for anyone who relies on these calculations. Use of these calculators is entirely at your own risk.

🏦 Loan Details

ℹ️ The Spitzer (שפיצר) method uses equal monthly payments throughout the loan term. Each payment covers accrued interest first; the remainder reduces the principal. This is the most common mortgage method in Israel.

Loan Parameters

Loan Principal *

Currency

Annual Interest Rate (%) *

Rate Type

Loan Term *

Term Unit

Display Options

Amortization Table — Show

Assumes a fixed nominal rate. Does not account for CPI linkage, early repayment penalties, or bank fees.

📋 Results

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Enter loan details and press Calculate to see the monthly payment and full repayment schedule.

📌 Israeli Mortgage Notes

Spitzer: Equal payments, standard method
Keren Shaveh: Equal principal — interest falls
CPI-linked: Principal grows with inflation
Prime rate: Bank of Israel base + spread
Max LTV: 75% for first home (typical)

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