Mortgage and loan calculator — no signup, no forms.
LoanWise works out what a loan actually costs: the monthly payment, the total interest over the full term, and how the split between principal and interest shifts month by month.
What it does
Mortgage mix — build a loan from 2 to 4 separate components, each with its own amount, rate and term, and see the combined result.
Full amortization schedule — a month-by-month table showing how much of each payment goes to principal, how much to interest, and what is left.
Three repayment structures — equal payment, equal principal, and balloon.
Three rate types — fixed, variable, and index-linked.
Who it is for
Anyone in the pre-decision phase, working out what a mortgage would cost before approaching a bank or a broker. Not a quote, not a lender comparison — a tool for building intuition.
What it does not do
Calculations exclude taxes, insurance, fees and closing costs. Variable-rate and index-linked projections follow the assumptions you enter, not a market forecast. Results are estimates, not a binding offer from any financial institution.
The app calculates server-side and needs an internet connection.
LoanWise is not a bank, a mortgage broker, or a regulated entity, and does not provide financial advice.
Developer: O.G Technology
Smart Loan Calculator – quickly see your monthly payments and total cost