How to Say "payment plan" in Spanish
The Spanish word for “payment plan” is “facilidad” — B2 level.
English → SpanishB2
nounB2
financial arrangements to make buying easier

Examples
El banco nos dio facilidades para pagar el préstamo.
The bank gave us easy terms/a plan to pay the loan.
La universidad ofrece muchas facilidades a sus estudiantes.
The university provides many facilities/resources for its students.
False Friend Alert
Mistake: “Using 'facilidad' to mean a building (like a factory).”
Correction: In English, 'facility' can mean a building. In Spanish, use 'instalaciones' for buildings or 'planta' for a factory. 'Facilidad' is mostly about the concept of ease or the resources provided.
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