Loan Calculator
Accurately calculate monthly payments and total interest for mortgages, auto loans, and personal loans. Supports equal payment method to help you make informed borrowing decisions.
Loan Information
Common Loan Types
Calculation Results
Calculation Notes
• Calculated using equal payment method
• Monthly rate = Annual rate ÷ 12
• Actual rates may vary by lender policies
Loan Calculator User Guide
Payment Method Explanation
Equal Payment Method
Fixed monthly payment amount, higher interest proportion in early payments, higher principal proportion in later payments. Suitable for borrowers with stable income.
Factors Affecting Loans
- Credit score: Affects approval rate
- Income level: Affects loan amount
- Down payment: Affects loan principal
- Loan term: Affects monthly payment
- Market rates: Affects loan cost
Loan Application Tips
Before Applying
- • Check credit report
- • Prepare income proof
- • Calculate debt-to-income ratio
Compare Options
- • Compare rates from multiple lenders
- • Understand additional fees
- • Consider prepayment policies
Repayment Management
- • Set up automatic payments
- • Build emergency fund
- • Consider early repayment
Important Reminder
This calculator is for reference only. Actual loan terms are subject to final approval by the lender. Borrowing involves risks, apply with caution.