---
title: "Track installments and fixed-term plans"
description: "Pay something off in a set number of payments and see how many are paid, what is left and when it ends."
canonical_url: "https://getfiga.com/help/installments/"
---

# Track installments and fixed-term plans

Pay something off in a set number of payments and see how many are paid, what is left and when it ends.

Use this for anything paid off in a set number of payments: a laptop in 12 installments, a course in 6, or a loan with a known end. Each installment appears in its month, and the expense shows how much is paid and what is left.

## Create an installment plan

1.  Select **Add expense** and enter the amount of one installment.
2.  Turn on **Recurring expense**.
3.  Choose how often you pay, for example **Monthly**, and set the **Series start** to the first payment.
4.  Under **End condition**, choose **After X occurrences** and enter the number of installments in **Number of occurrences**, for example 12.
5.  Save. Every installment appears in the months ahead, so each month shows what it needs.

A laptop paid in 12 monthly installments of €120.

## See what is left

Open the expense to see its **Series balance**: how many installments are paid, the amount paid and remaining, the total, the next payment and when repayment ends. When the last one is paid, Figa shows **Commitment fully repaid!**

Series balance halfway through the plan.

Paying an installment is the same as any bill: select **Mark as paid**. If you paid several, select them in the month list and mark them paid together. See [Mark bills paid](https://getfiga.com/help/mark-paid).

## Skip one payment

If a payment moves, choose **Skip this occurrence** for that installment. The balance then counts it separately: **Paid**, **Skipped** and **Unpaid**.

An installment plan has a fixed number of payments, so it cannot be paused or ended early. For a bill that runs until you stop it, use a recurring bill with the end condition **Never**.