A bullet loan (or in fine loan) is a type of loan where the principal is repaid in full at the end of the term, while only the interest is paid monthly. Here’s how to add one on Finary.
🧭 Steps to add a bullet loan
Click Add an asset from your dashboard.
Select Loan.
Choose Manual entry.
Enter a name for your loan, then in the Type field, select Bullet (In fine).
Fill in the following information:
Loan amount: the initial borrowed capital
Interest rate: annual nominal interest rate
Start date: when interest payments begin
Duration: number of months or years until maturity
💡 Good to know
The displayed monthly payment is calculated based on interest only. The principal will be fully repaid at the end of the loan.
You can link this loan to a property if it was used to finance it. Learn more here.
🔁 Edit or delete the loan
Once added, you can:
Edit it from the Loans page under the Net worth tab.
Delete it by clicking the … then selecting Delete.