Calculate installment loans with various repayment methods. This tool helps you determine monthly payments, principal, interest, and remaining balance for different loan scenarios.
5.8.9
March 3, 2026
App bug fixes and stabilization.
This app allows you to calculate various aspects of installment loans. You can determine monthly payments, principal and interest breakdowns, and the remaining balance based on different repayment methods like equal principal and interest payments or equal principal payments.
It provides a clear amortization schedule, showing how your payments are applied to both principal and interest over the loan term. This helps you understand your loan's progress and plan your finances accordingly.
Yes, the app is free to use. It is supported by advertisements, which are displayed within the application.
To use the calculator, you will typically need to input the loan amount, the loan term (duration), and the interest rate. You can then select your preferred repayment method.
