🏦 Simple Loan Calculator

Analyze your loan, model refinancing scenarios, and explore your full payment schedule

📋 Loan Details
Decimal — e.g. 0.05625 = 5.625%
Includes fees — used for total cost
Show snapshot & refinancing scenario at this year
0.01 = +1% rise when you refinance
Optional — adds to the regular payment each month to pay off faster
📊 Loan Summary
Monthly Payment
Total Interest
Total Cost

Interest Rate
APR
Monthly Payment (by APR)
Loan Fees (APR vs Rate)
Term
💰 Extra Payment Savings Analysis
Extra monthly payment
New total monthly payment
Loan paid off in
Months saved
Total interest (with extra payment)
Total interest (original)
🎉 Total interest saved
📅 At Year 5 — Refinancing Snapshot

📈 Loan Status at Year 5

Balance Remaining
Principal Paid
Interest Paid
% of Loan Repaid

🔄 After Refinancing (+1% APR)

New APR
Remaining Term
New Monthly Payment
Monthly Increase
Extra/mo to offset rate rise
📋 Monthly Amortization Schedule
Month Payment Principal Interest Balance