Loan Repayment

Enter the loan amount, rate, and maturity date to see the monthly payment, total interest, and a full amortization schedule, with an optional interest-only grace period.

How to use Loan Repayment

1. Enter the loan amount and annual rate.
2. Choose equal payment, equal principal, or interest-only with a bullet payment.
3. Set the term from a maturity date, or enter grace and repayment months directly.
4. Review the monthly payment, total interest, and the full amortization schedule.

Frequently asked questions

Equal payment or equal principal?

Equal payment keeps every instalment the same. Equal principal starts higher and falls over time, usually costing less interest overall.