Loan Calculator
Estimate your monthly payments or discover how much you can borrow.
How It Works
Choose between two modes: calculate your monthly payment based on loan details, or enter your budget to see the maximum loan amount you qualify for. The calculator uses standard amortization formulas for accurate estimates.
Monthly Payment Calculator
Frequently Asked Questions
How is the monthly payment calculated?
We use the standard amortization formula: M = P × r(1+r)^n / ((1+r)^n − 1).
Can I switch to reverse calculation?
Yes, click the ‘Borrow Power’ button to see how much loan you can afford for a given monthly payment.
Is this calculator accurate for EU loans?
This tool provides estimates. For precise figures, consult your lender as regional fees and taxes vary.
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