Loan Calculator
Calculate mortgage and loan payments with equal installment or equal principal repayment — compare total costs and generate amortization schedules
How to Use the Loan Calculator
- Enter your loan amount, annual interest rate, and select the loan term in years.
- Choose a repayment method: Equal Installment (fixed monthly payments) or Equal Principal (decreasing monthly payments).
- Review the monthly payment, total payment, and total interest. Use the amortization schedule to see year-by-year breakdown and try the early repayment calculator to see how extra payments save interest.
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