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Calculate loan payments and interest accurately
Enter loan conditions
Monthly payment and total interest
Enter loan information to see calculation results
Supports equal payment and equal principal methods to calculate accurate loan payments.
Equal Payment: A method of repaying the same amount each month. Initially, interest is high and principal is low, but over time, the principal portion increases.
Equal Principal: A method of repaying the same principal each month. The initial payment is high, but the payment amount decreases over time.