Price Table or SAC: differences and which is the best option
Price List or Customer Service? Learn the differences and which option is best for your financial life!
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Have you ever wondered how the choice of amortization system affects your real estate financing?
Understand the differences between Price Table and Customer Service is crucial.
THE Price Table keeps the equal installments, with interest that decreases over time.
Already the SAC Table There are installments that decrease, with interest that also falls, which can cost less in the end.
Choosing the best option requires financial planning.
It's important to consider your ability to pay now and in the future.
Let's analyze each method to help you make the right choice for your budget.
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Main Points:
- Interest rate for real estate loans: 1.09% per month + IPCA.
- THE SAC Table stands out for decreasing installments and a lower total cost at the end of the financing.
- THE Price Table offers predictability with fixed installments over time.
- The choice between systems depends on your financial capacity and preference for predictability or lower costs over time.
- Explore practical examples to see how each table can influence your monthly payment.
Introduction to Amortization Systems
THE amortization system helps to pay debts in installments.
In the case of real estate financing, the choice of system affects the total amount paid. The best-known systems are Customer Service and the Price Table.
THE Customer Service has installments that decrease. Here, the amount paid per month is always the same.
Thus, interest rates fall, causing payments to decrease.
Choose the Customer Service helps reduce monthly expenses over time.
THE Price Table has fixed installments. This makes financial planning easier.
But, it may cost more than the Customer Service at the end.
Choosing the Price Table is good for those who want to always pay the same amount.
There are many amortization systems:
- One-time payment
- Variable payments
- American
- System of Constant Amortization (Customer Service)
- Price System (French)
- Mixed Amortization (SAM)
- German
Understand each amortization system It's crucial to choose wisely. This helps you find the best financing option for you.
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Price or SAC Table: How the SAC Table Works
THE SAC Table is a common form of real estate financing.
It helps lessen the financial impact over time.
Each installment has a fixed amortization amount. Interest is calculated on the remaining amount owed, decreasing with each payment.
A practical example shows the difference.
Financing a property worth R$200,000 with a down payment of R$40,000 and interest of 0.85% per month for 240 months, the interest totals R$163,880.00.
In the Price Table, the total would be R$215,670.96, a difference of more than R$51,000.00.
For a property worth R$500,000 with a down payment of R$100,000 and 1% in interest per month for 360 months, the interest in the SAC Table is R$722,000.00.
In the Price Table, the value is R$1,081,202.14, a difference of more than R$300,000.00.
These differences are substantial.
They show that the SAC Table can be more economical. This is because higher initial installments are paid.
See the comparison below for a detailed understanding:
| Property Value | Prohibited | Rate (%) | Deadline (months) | Interest in the SAC Table (R$) | Interest on the Price Table (R$) | Difference (R$) |
|---|---|---|---|---|---|---|
| R$200,000 | R$40,000 | 0,85 | 240 | R$163,880.00 | R$215,670.96 | R$51,790.96 |
| R$500,000 | R$100,000 | 1 | 360 | R$722,000.00 | R$1,081,202.14 | R$359,202.14 |
| R$200,000 | R$40,000 | 0,85 | 360 | R$245,480.00 | R$354,014.65 | R$108,534.65 |
Price Table or SAC: How the Price Table Works
The Price Table is used in car and home financing.
She keeps the equal installments all the time. This happens because it uses compound interest, where the interest is high at the beginning.
Over time, interest decreases and the amount you pay to pay off what you don't have increases.
This causes you to pay more interest upfront.
A great advantage of the Price Table is that it helps a lot with financial planning.
Knowing that you will pay the same amount every month helps a lot in organizing your budget.
Although the financing simulation show the equal installments, it is important to remember that you pay more interest.
Compared to the SAC, the Price Table makes you pay more interest.
Experts say SAC can save around 10% in interest.
If you want to pay less upfront, the Price Table may be the best choice.
It has lower initial payments, which helps if you're on a tight budget.
However, the choice between Price Table and SAC depends on your needs and what you can afford.
If you want to control the value of your installments and avoid surprises, the Price Table may be better for you.
It is possible to run financing simulations using Price Tables and SAC on bank websites.
Websites like Banco do Brasil, Bradesco, Caixa, Itaú and Santander have these tools.
These simulations can help you make better decisions.
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Differences Between Price Table and SAC
THE Price SAC difference The main thing is how the installments are calculated.
In the Price Table, the installments are always the same. In the Customer Service, the plots start high and decrease.
In the Price Table, installments are predictable, helping with financial planning.
But, this means that the interest is high on the first installments.
On a loan of R$100,000 at 14% per year, the monthly installment is R$1,552.86. This totals R$186,319 in the end.
SAC has a system of loan repayment more aggressive.
This makes the initial installments higher.
With each payment, the outstanding balance decreases, reducing interest.
This system is great for long-term financing, such as real estate, as it reduces the total cost.
See an example: a loan of R$20 thousand in 10 months with 5% per month.
In the Price Table, the total paid is R$25,900.91. In the SAC, it is R$25,500.00.
These differences show that the choice must consider the client's financial profile.
It is essential to think carefully before choosing between Price List or Customer Service.
If you prefer fixed installments, the Price Table may be better.
But, if you want a lower cost with decreasing installments, SAC is the best option.
Which is the Best System: Price List or Customer Service?
The choice between Price Table and SAC depends on your needs and budget.
There is no single answer, as each system has different advantages.
These perks may or may not fit your budget.
“There is no definitive answer as to which amortization system is better, as it depends on the needs and financial capacity of the borrower.”
If you want predictability in your installments, the Price Table may be ideal.
Fixed installments are clear and secure. This is very helpful for those who need a fixed budget.
If you can afford to pay more upfront and want to save on interest, SAC is better.
With SAC, installments start high and decrease, resulting in a smaller total debt.
| Amortization System | Benefit | Disadvantage |
|---|---|---|
| Price Table | Fixed installments, ideal for a stable budget | More interest paid over time |
| Customer Service | Less interest over time, lower total debt | Higher initial installments |
In one example, a financing of R$500 thousand to 9% per year for 20 years shows differences.
In the Price Table, the total paid is over R$1,400,000. In the SAC, it's around R$1,400,000.
These numbers show the difference in systems and their influence on debt.
In short, the choice between Price vs. Customer Service it depends on your money and plans.
Carefully evaluate the conditions to choose the best option for you.
Price Table: When It's Worth It
The Price Table offers fixed installments throughout the financing period.
This helps with predictability and makes financial planning easier.
It's great for those on a fixed budget and without much financial flexibility.
Choosing the Price Table is good for those who want stability in monthly payments.
This avoids variations that can complicate financial planning.
With equal installments, you maintain firm control over your finances.
The first installments in the Price Table go towards interest, which can increase the total cost.
But the predictability of payments helps a lot in long-term planning.
For those starting out on a tight budget or needing a structured financial plan, the Price Table is advantageous.
This fixed payment system is great when predictability is more important than the total cost of financing.
| Feature | Price Table | Customer Service |
|---|---|---|
| Initial Installment | Lowest | Highest |
| Installment Variation | Fixed | Descending |
| Total Cost of Financing | Higher | Lower |
| Suitable For | Fixed Budget | Greater Initial Flexibility |
The choice between Price Table and SAC depends on your financial situation.
This affects your financial planning and installment management.
Ask yourself if the stability and predictability of the Price Table are important to you.
SAC Table: When to Opt
Choose Customer Service It can be a good choice for those who want larger installments at the beginning.
This helps you pay less interest over time.
With the constant amortization, the installments decrease and the outstanding balance drops quickly.
See an example with a property of R$ 800,000.00 financed for 20 years.
The interest rate is R$% per year. In the Price Table, the installments are fixed at R$$ 6,683.24.
In the SAC Table, the installments are R$ 3,333.33.
The first installment includes interest of R$ 5,333.60, totaling R$ 8,666.93.
To the decreasing installments in the SAC Table help save interest over time.
This is great for long-term, high-value loans like real estate.
THE constant amortization SAC brings predictability and financial security.
It's perfect for those hoping to earn more money or pay off their mortgage sooner.
Therefore, opting for the SAC Table is a good option for long-term real estate financing.
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Practical Examples of Comparison
Let's look at examples of financing simulation to understand better.
A loan of $10,000 with 6% interest per month and 36 installments is our example.
In the Price Table, the first installment is $1,192.77. In the SAC Table, it is $1,433.33.
After 6 installments, the outstanding balance in the Price Table is $5,865.24.
In the SAC Table, it is $5,000.00.
For a property worth R$ 300,000 with 1% of interest per month and 240 months, the SAC Table starts with R$ 1,250.00 of amortization and R$ 3,000.00 of interest.
This totals R$ 4,250.00 in the first installment.
The last installment falls to R$ 1,500.00, with R$ 1,250.00 in amortization and R$ 250.00 in interest.
In the Price Table, the installments are fixed.
The first and last installments are R$ 3,133.69. The composition between amortization and interest changes over time.
When comparing Price SAC, the choice depends on the borrower's financial profile and expectations.
The SAC Table is best for those who want to pay less interest quickly, ideal for short-term loans.
The Price Table, with fixed installments, is more predictable.
It is chosen for long-term financing, such as real estate and automobiles.
