Calculate decreasing loan balance

The reducing loan balance tool helps estimate principal, interest and payment amount each period. Users can use it for reference before borrowing to buy a house, car or consumer loan.

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Support loan decision making

Detailed debt repayment table

View each payment period to understand debt repayment cash flow over time.

Interest decreases according to outstanding balance

Interest changes as the principal balance decreases after each payment period.

Total cost estimate

Helps compare different loans, terms and interest rates.

Save for later viewing

The result can be used with the loan library in the app.