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Additionally, it can help you calculate early repayments and compare different loan schemes and early repayment plans, enabling you to make the best decision. With its professional calculations, it serves as your reliable assistant for mortgage interest rates.
Loan Calculator: Calculate the monthly installment amount, breakdown of monthly repayments, and total interest for commercial loans, provident fund loans, and combination loans. It offers calculations for both equal principal and equal installment repayment methods.
Early Repayment Calculator: Based on the provided data, it calculates the interest saved through early repayment. It provides calculations for both reducing the repayment period and decreasing the monthly installments.
Comparison of Loan Schemes and Early Repayment Plans: Compare equal installment repayment versus equal principal repayment, different loan interest rates, loan terms, and loan ratios. It allows you to compare the reduction in repayment time and monthly installments when making early repayments.