Company financial management and decision making lies as well in the selection of optimal possibility from several alternatives of fund-raising in order to ensure predominantly the economic activities of a company. As regards the before mentioned, it presents the allocation of external financial resources and their subsequent investment in the components of business assets. In practice, it is often crucial to borrow financial means and therefore to consider how the financial means with interests will be repaid. Currently, there are several types of repayment (instalment) schedule in connection with the fund-raising of a company. The article deals with the comparison and assessment of most commonly used payment schedules. The following variants of loan repayment are used in instalment schedules: instalment amortization, annuity amortization and one-off repayment of a loan after n years. Selected instalment schedules are presented by means of model examples based on a single specified input data. One of the objectives is to select the most viable alternative solution from a number of possible alternatives to a loan repayment. Tools of financial mathematics provide opportunities to become familiar with the different types of loans bearing interests. Standard methods of a scientific work such as selection, analysis, synthesis and deduction are used in the article. The following types of instalment schedules are assessed in individual model examples: a loan should be paid by a sequential repayment within 4 years, assuming constant amortization instalments, a loan should be paid by a sequential repayment within 4 years, assuming constant annuities, a loan should be paid by an one-off repayment after 4 years and by means of a hedge fund the required sum will be accumulated after 4 years. The part of instalment schedules are individual instalments, interests related to a loan, annual annuities, the loan balance at the beginning and at the end of interest period, total payments of a loan. The following indicators in individual instalment schedules are compared: the amount of annuities, the amount of interests. Based on the comparison of total annuities for 4 years a debtor totally repays fewer annuities at one-off loan repayment after 4 years and more at annuity loan amortization. Based on the comparison of total interest amount it can be stated that in total less interest is paid at instalment amortization and more interest at one-off loan repayment after 4 years. For a proper decision making and orientation in the alternatives of loan repayments it is essential to know the methodology of instalment schedules creation. It is important for a debtor to correctly analyse the conditions of providing respectively acquiring of a loan in relation to the total loan repayment in the process of a fund-raising.
