Loan Calculator
Calculate monthly payments and total interest for different repayment methods.
%
Result
Monthly Payment
8,560,748
Total Interest
2,728,978
Total Payment
102,728,978
Principal: 100,000,000Total Interest: 2,728,978
Other Calculators
Repayment Method Comparison
Equal Payment (Amortization)
Pay the same amount every month. Early payments are mostly interest, while later payments are mostly principal. This method makes budgeting easy since the payment amount is consistent.
Equal Principal
Pay the same principal amount each month, plus decreasing interest. Initial payments are higher but decrease over time. Total interest paid is less than the equal payment method.
Bullet Repayment (Interest Only)
Pay only interest during the loan term, then pay the full principal at maturity. Monthly payments are lowest, but total interest is highest. Requires a lump sum at the end.
Choosing a Repayment Method
| Method | Pros | Cons | Best For |
|---|---|---|---|
| Equal Payment | Predictable payments | More total interest | Stable income earners |
| Equal Principal | Less total interest | High initial payments | Those with savings |
| Bullet Repayment | Lowest monthly cost | Most total interest | Short-term, investors |
