Many loan calculations are based on the number of years of the loan, but in reality, the most important thing to consider is how much you will pay each month. In this app, you can freely specify the number of years borrowed, monthly repayment amount, and bonus monthly payment amount and graph the loan repayment.
- Enter the loan period to find out the monthly repayment amount (*If the principal is equal, the first month's repayment amount will be displayed, and it will gradually decrease every month from there)
- Enter your monthly repayment amount to find out how long your loan will last
- You can calculate the amount you can borrow from the payment amount. If you leave the loan amount blank and enter the interest rate, bonus, monthly repayment amount, and loan period for calculation, the possible loan amount will be automatically entered. If you long-tap the loan amount, it will return to blank, so you can change the conditions and recalculate.
Although it does not support early repayments or fixed interest rates with a specified period, we have made it easy to compare values and displayed graphs so that you can get an idea of the entire payment. Please play around by entering various values. I understand the fear of interest rates.