Loan Calculator
Loan Payment – FAQ
How does the loan calculator work?
Enter loan amount, interest rate and term. The tool instantly displays monthly payment, total interest and overall cost.
Nominal rate vs. APR
The nominal rate is the contract interest only. The APR adds fees and gives the true borrowing cost—perfect for a fair comparison.
What is a planned remaining balance?
For mortgages with a fixed interest period, you might keep a remaining balance for refinancing. Enter a target value and the calculator shows how it alters your monthly instalment.
Tips for a cheap mortgage
- Compare offers by APR, not nominal rate.
- Negotiate free extra repayments to shorten the term.
- Pick the shortest term you can afford—less interest overall.