Short user manual
Calculate loans and installment schedules See the costs before deciding.
Compare loan installments with reduced interest and fixed interest. Ready to see total interest, payment due date, and results of paying more every month. The installment schedule is calculated on the device and can be downloaded as CSV.
Highlights of this tool
- Supports both interest reduction, interest reduction and fixed interest.
- See interest savings and reduce the number of months when paying more.
- Open every installment schedule and download CSV.
How to use Loan Calculator
- 1Select the loan type or enter the credit limit, interest, and term.
- 2Choose the interest method and specify additional payments if desired.
- 3Press calculate to check installment payments, graphs, and installment schedules.
Frequently asked questions
Are the calculation results consistent with all banks?
It is an estimate from the information entered. Actual contracts may have different methods for counting days, fees, insurance, and closing conditions.
How is fixed interest different from reducing principal and interest?
Fixed interest is calculated on the full principal amount throughout the contract. The principal and interest discount is calculated from the remaining balance in each period. Therefore, it is not possible to directly compare numerical rates.
