Repayment Calculator
Repayment Calculator – Plan Your Loan Payments with Ease
The Repayment Calculator is a powerful financial tool designed to help you estimate your loan payments, total interest, and repayment schedule for various types of debt, including:
- Mortgages (home loans)
- Auto loans (car financing)
- Personal loans
- Credit card debt
- Student loans
Key Features:
✔ Flexible Inputs – Adjust loan amount, interest rate, compounding frequency, and payment schedule.
✔ Multiple Repayment Options – Choose between fixed-term repayment or fixed-installment plans.
✔ Detailed Results – See your estimated monthly payment, total repayment amount, and interest cost.
✔ Customizable Payment Frequencies – Calculate payments for daily, weekly, biweekly, monthly, or annual schedules.
✔ Compound Interest Calculations – Supports different compounding intervals (annually, monthly, daily, or continuously).
How It Works:
- Enter Your Loan Details – Input your loan balance and interest rate.
- Select Compounding & Payment Frequency – Choose how often interest is applied and how frequently you’ll make payments.
- Choose Repayment Method – Opt for a fixed-term payoff or a fixed monthly installment.
- Get Instant Results – The calculator displays your payment amount, total repayment, and interest paid.
Why Use This Calculator?
- Plan Your Budget – Know exactly how much you need to pay each period.
- Compare Loan Options – Adjust terms to find the most affordable repayment plan.
- Save on Interest – See how extra payments or shorter terms reduce total interest.
Whether you’re managing existing debt or planning a new loan, the Repayment Calculator helps you make informed financial decisions with clear, accurate results.