finance
Loan Calculator
Estimate regular repayments on a fixed-rate amortising loan.
How it works
- Uses the standard amortising-loan payment formula.
- Assumes equal monthly payments and a fixed interest rate.
- Fees, penalties and insurance are excluded.
Example
Estimate the payment for a RM100,000 loan at 6% over 5 years.
Frequently asked questions
What loans can I model?
Many fixed-rate amortising loans with regular monthly repayments.
Does it include lender fees?
No.
Can I compare terms?
Yes. Change the years and compare payment and total interest.
Why does a longer term cost more interest?
Interest is charged over more periods.
Is the result a lender quote?
No. It is an estimate.
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