Calcufast

Mexico FONACOT

French amortization. Not Infonavit 5%.

$30,000 / 24% / 24 months → $1,586.13.

  • 20% payroll cap.
  • Not housing.
  • Sample CAT 24%.

Frequently asked questions

How much at $30,000 over 24 months?

At 24% APR: $1,586.13/month. Total interest $8,067.19. Not Infonavit (5% housing).

What is the payroll cap?

Educational: 20% of pay. At $15,000 the cap is $3,000. $1,586.13 fits.

Is this Infonavit?

No. FONACOT is consumer credit. Infonavit is housing.

Is the rate official?

No. Real CAT varies by FONACOT product. This is an educational French amortization.

Is this credit advice?

No. Educational estimate.

More Mexico calculators (net pay, severance, aguinaldo and vacation).