toolvio.

Loan & mortgage calculator

Monthly payment, total interest and payoff schedule for any loan.

Payment type
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Monthly payment
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Total paid
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Total interest

Runs locally in your browser. Nothing is uploaded.

How to use

  1. Enter the amount, annual rate and term.
  2. Choose annuity (equal) or declining payments.
  3. See the payment, total cost and the month-by-month schedule.

Questions

Annuity vs declining payments?

Annuity keeps the payment constant. Declining starts higher and falls every month; total interest is lower.