🏦Loan Calculator

Calculate mortgage payments and interest

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years

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How to Use

The Loan Calculator supports equal installment and equal principal repayment methods. Enter the loan amount, term, and interest rate to calculate monthly payments, total interest, and repayment schedule.

FAQ

Which is better: equal installment or equal principal?

Equal principal has less total interest but higher initial payments. Equal installment has fixed monthly payments, suitable for stable income.

Is early repayment worth it?

For equal installment loans, interest is front-loaded. The earlier you prepay, the more interest you save.