Loan Calculator
Monthly payment, total interest and a yearly schedule for equal-instalment and equal-principal loans, side by side.
Method comparison
Yearly schedule
| Year | Paid this year | Principal | Interest | Balance |
|---|
Equal instalment keeps the payment flat with more interest up front; equal principal repays a fixed amount of principal each month, so payments decline and total interest is lower. Figures are computed in yuan; banks round to the cent and absorb the remainder in the final period, so per-period detail can differ by a few cents.
About Loan Calculator
Monthly payment, total interest and a yearly schedule for equal-instalment and equal-principal loans, side by side.
The work happens in your browser: what you paste is never sent to a server, and no account is needed.
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