Important: The calculator results are for reference only and do not constitute financial, legal, or investment advice.
Assumptions
- Uses equal monthly payment (annuity) method unless otherwise stated.
- Assumes a constant interest rate over the loan term.
- Bank fees, insurance, taxes, or other charges are not included.
- Extra payments are applied on scheduled payment dates.
- Minor rounding differences may occur in totals.
Limitations
- Actual loan terms depend on lender approval and specific agreements.
- Rates may change with policy or market conditions.
- Early payoff can involve penalties or fees; check your contract.
- Consult qualified professionals before making financial decisions.
Liability
This tool is provided “as is” for planning purposes. You are responsible for verifying results with your lender. We are not liable for decisions made based on calculator outputs.