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Loan Calculator

Calculate monthly payments for equal principal and interest

The calculation result will be displayed here...

Instructions

Loan Calculator Instructions\n\n## Introduction\nCalculate monthly payments, total interest and repayment schedules for equal-principal-and-interest and equal-principal methods, to help plan your loan.\n\n## How to Use\n1. Enter the loan amount, annual rate and term\n2. Choose the repayment method (equal principal+interest / equal principal)\n3. Monthly payment and total interest are computed; view the full schedule\n\n## Notes\n- Results are for reference only; banks calculations prevail\n- Supports monthly and yearly terms

❓ FAQ

Can I see the monthly schedule?

Yes, each month principal, interest and remaining balance are shown.

Which repayment methods are supported?

Both equal-principal-and-interest and equal-principal methods.

Is this tool free?

Yes, it is completely free and requires no registration.