EMI Calculator Brazil
Work out your monthly loan instalment in BRL, see the total interest, and compare it against rates Brazil banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Brazil
Buzdy tracks 8 banks in Brazil with 108 branches across 37 cities. EMI results on this page are shown in BRL. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Credit card interest rates in Brazil
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| Porto Bank Visa Infinite | Porto Seguro | 1.99% monthly | BRL 1,200/year | Up to 40 days |
| Inter Gold Mastercard | Banco Inter | 2.49% monthly | BRL 0 | Up to 40 days |
| Porto Bank Mastercard Black | Porto Seguro | 2.49% monthly | BRL 900/year | Up to 40 days |
| Porto Bank Mastercard Platinum | Porto Seguro | 2.99% monthly | BRL 420/year (1st year free) | Up to 40 days |
| Porto Bank Visa Gold | Porto Seguro | 3.49% monthly | BRL 240/year (1st year free) | Up to 40 days |
| C6 Carbon Mastercard | C6 Bank | 1.99% monthly | BRL 1,200/year | Up to 40 days |
| C6 Black Mastercard | C6 Bank | 2.49% monthly | BRL 504/year | Up to 40 days |
| C6 Platinum Mastercard | C6 Bank | 2.99% monthly | BRL 0 | Up to 40 days |
| C6 Mastercard Standard | C6 Bank | 3.49% monthly | BRL 0 | Up to 40 days |
| Inter Black Mastercard | Banco Inter | 1.99% monthly | BRL 0 | Up to 40 days |
| Inter Platinum Mastercard | Banco Inter | 2.29% monthly | BRL 0 | Up to 40 days |
| Caixa Elo Mais | Caixa Econômica Federal | 3.49% monthly | BRL 96/year | Up to 40 days |
| Caixa Visa Platinum | Caixa Econômica Federal | 2.99% monthly | BRL 420/year | Up to 40 days |
| Caixa Visa Gold | Caixa Econômica Federal | 3.49% monthly | BRL 180/year | Up to 40 days |
| Caixa Elo Básico | Caixa Econômica Federal | 3.99% monthly | BRL 0 | Up to 40 days |
| Itau Platinum | Itau Unibanco | 14.00% per month | — | — |
| BB Ourocard Internacional | Banco do Brasil | 14.00% per month | — | — |
| BB Ourocard Gold | Banco do Brasil | 14.00% per month | — | — |
| BB Ourocard Platinum | Banco do Brasil | 14.00% per month | — | — |
| BB Visa Infinite | Banco do Brasil | 14.00% per month | — | — |
| Itau Click | Itau Unibanco | 14.00% per month | — | — |
| Itau Gold | Itau Unibanco | 14.00% per month | — | — |
| Itau Visa Infinite | Itau Unibanco | 14.00% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 23 cards with a published rate.
Worked example — repaying BRL 100,000 of card balance over 5 years in Brazil
- Balance
- BRL 100,000
- Rate used
- 1.99% per month (≈23.88% a year)
- Tenure
- 60 months
- Monthly EMI
- BRL 2,870
- Total interest
- BRL 72,190
Rate taken from Inter Black Mastercard (Banco Inter) — the lowest published credit card rate we hold for Brazil. Buzdy does not yet hold personal loan rates for Brazil, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Brazil
Keep going in Brazil
Guides for Brazil
Brazil — frequently asked questions
What does BRL 100,000 on a credit card cost per month in Brazil?
At 23.88% a year over 60 months the instalment works out at about BRL 2,870, or BRL 72,190 of interest in total. That rate comes from Inter Black Mastercard by Banco Inter, the lowest published credit card rate Buzdy holds for Brazil. We do not yet hold personal loan rates for Brazil — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Brazil?
Across the 23 cards with a published rate in Brazil, quoted rates run from 1.99% per month to 3.99% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Brazil?
Buzdy maps 108 bank branches in Brazil across 37 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.