Compare with decreasing balance
Put the two options side by side to understand the difference in total interest paid.
Calculate the initial loan balance
Initial loan balance tool helps users refer to the payment when interest is calculated on the initial loan amount. This is a calculation method often mentioned in some consumer loan packages.
Scan QR to download appWhen should it be used?
Estimate the equal payment
Suitable when you want to visualize a fixed payment rate per period.
Check loan information
Used for quick reference when viewing advice or loan illustrations.
Cash flow planning
Helps estimate the amount of money to spend each month for the loan.