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Loan calculator
Compare equal monthly payments with equal principal repayments, and see the estimated interest and schedule.
Your results
Enter your numbers, then calculate to see your estimate.
About this estimate
- Interest is calculated monthly using the fixed annual rate divided by 12. Fees and new borrowing are not included. This is not an effective APR calculation including fees.
- Equal monthly payments keep the planned payment steady. Equal principal repayments pay off the same amount of the loan each month, so payments usually decrease. The final payment may be adjusted.
- All amounts use your selected currency. Changing the currency label does not convert the amounts.
Keep going in the app
A plan is a start. Every payment is progress.
Debt Payoff Planner brings debts, payment history, reminders, payoff strategies and progress reports together on your iPhone.
FAQ
Does the calculator send my debts to a server?
Calculations run in your browser. Calculator inputs are not sent to analytics. Older shared-plan links contain the plan’s numbers and debt names in the URL; anyone with that link can read them.
Are payoff dates guaranteed?
No. Estimates assume fixed annual rates, monthly interest and payments made as planned. Fees, daily interest, changing rates and lender-specific rules are not included.
Can I import a web plan into the app?
Not currently. The App Store link opens the app listing; it does not transfer your balances or schedule. Enter your debts in the app to track them.