Understand Financing Systems: Price, SAC and American
Discover the differences between Tabela Price, Sistema SAC and Sistema Americano. Compare advantages, disadvantages and choose the best for you.
Understand Financing Systems: Tabela Price, Sistema SAC and Sistema Americano
When taking out a loan, it's essential to understand how the different amortization systems work. The three most common models in the Brazilian market are Tabela Price, Sistema SAC and Sistema Americano. Each has its own characteristics that directly affect the installment amounts, the total paid and the borrower's financial planning.
💡 Tip: You can simulate and compare the three financing systems in our loan calculator here on utiliapp.com. Try different amounts, rates and terms to find the best option for you.
1. Tabela Price (Fixed Installments)
The Tabela Price is known for its fixed installments, that is, the monthly amount does not change over time.
- How it works: the installment is composed of a declining interest portion and an increasing amortization portion, keeping the final amount constant.
- Advantages: makes financial planning easier, as the installment amount is predictable.
- Disadvantages: at the beginning, the debt amortization is small, which means the total interest paid is higher.
Ideal for: those who prefer stability in installment amounts and need monthly predictability.
2. Sistema SAC (Constant Amortization)
The Sistema de Amortização Constante (SAC) features decreasing installments over time.
- How it works: the amortized amount (the part that reduces the debt) is fixed, but interest is calculated on the outstanding balance, which decreases with each payment.
- Advantages: reduces installment amounts over time and results in a lower total interest payment.
- Disadvantages: the first installments are higher, which can strain the budget at the start.
Ideal for: those who can pay higher installments at the beginning and aim to save on total interest.
3. Sistema Americano (Interest + Principal at the End)
In the Sistema Americano, the borrower pays only the interest monthly and repays the full principal amount only at the end of the contract.
- How it works: during the financing period, the installments contain only interest. The borrowed amount is paid in full in the last installment.
- Advantages: lower monthly installments during the contract and greater short-term liquidity.
- Disadvantages: requires rigorous financial planning, as the final amount is large. The total interest cost tends to be higher.
Ideal for: those who want to preserve cash in the short term and expect to have resources to settle the principal in the future.
Summary Comparison
| Characteristic | Tabela Price | Sistema SAC | Sistema Americano |
|---|---|---|---|
| Installment Amounts | Fixed | Decreasing | Fixed interest, principal at the end |
| Amortization | Increasing | Constant | At the end |
| Total Interest Paid | Higher | Lower | Higher |
| Ease of Planning | High | Medium | Low |
| Recommended for | Seeks predictability | Wants to pay less interest | Needs cash-flow relief |
Conclusion
The choice of the ideal financing system depends on the borrower's financial profile and objectives:
- Price is ideal for those who value stability.
- SAC is the best option for those who want to pay less interest.
- Americano is aimed at those who need immediate relief in their budget and have assurance of future liquidity.
Regardless of the choice, it's always worth comparing simulations and analyzing the total effective cost before signing the contract. Use our loan calculator to make these comparisons quickly and for free.
Posts are written by humans and Artificial Intelligences, most often by both together in Brazilian Portuguese. Texts are translated to other languages using AI.