⚡ Mortgage · Housing fund · Yearly rateFull repayment view
📆 First month / monthly
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🧾 Total (principal + interest)
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Each bar shows principal and interest wey you pay for that year, so you fit understand di repayment pattern fast.
Yearly rate = (total interest / principal) / loan years × 100%. Example: $100k loan for 20 years with $40k interest gives about 2% yearly rate. Use dis calculator to verify am.
Put amount, housing-fund yearly rate, loan time, and repayment mode. You go see monthly payment, total interest, and full breakdown. E fit support mixed loan too.
Yes. E uses standard bank formula for same monthly pay and reducing principal. You fit adjust rate to compare different scenarios.
Same monthly pay keeps payment steady but interest heavy for front months. Reducing principal lowers total interest but di first payments go bigger.
No be exactly di same. Deposit often uses simple interest, while loans fit use same-monthly-pay formula, reducing principal, or interest-only style. Dis page helps you compare di ideas.