Loan & Instalment Calculator
Compare an estimated monthly instalment and total interest before speaking with a lender.
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How these methods differReducing balance calculates interest on the remaining loan amount. Flat rate calculates interest on the original amount for the whole term. Lenders may also charge fees or use different terms; use the method in your offer.
This is an estimate, not a lender quote. It excludes fees, insurance, taxes, and payment timing rules. Interest rates and fees vary by lender.