# Loan calculator: monthly payment, interest, schedule

> Calculate your monthly loan or mortgage payment, total interest and the payment schedule, annuity or declining, with early repayments. Free loan calculator.

Home: https://funworks.app/en/ · HTML: https://funworks.app/en/calcie/loan/

*Your loan payment, overpayment and schedule, for both annuity and declining payments.*

## What it calculates

Our loan calculator online works out the monthly payment, the overpayment and the full repayment schedule for both annuity and differentiated payments. It fits a personal loan, a car loan or a mortgage, with a down payment and early repayment.

Enter an extra monthly payment and the calculator shows how much shorter the term gets and how much interest you save. The month-by-month schedule lists the date, the payment, the interest, the principal and the remaining balance.

- Amount, rate, term, down payment
- Annuity (equal) or declining payments
- Early repayment: an extra payment every month
- The new term, the interest you save, and the full payment schedule

## How to use it

1. Enter the amount and the annual rate.
2. Set the term and the payment type.
3. Add a down payment and an extra payment if you plan to.
4. Check the overpayment and open the schedule: date, payment, interest, principal, balance.

## Example

12,345.67 at 16% for 13 months → **1,040.65 a month, 13,528.45 total**

## FAQ

**What's the difference between annuity and declining payments?**

An annuity payment stays the same for the whole term. A declining payment starts higher and gradually gets smaller, and you pay less interest overall.

**How much will I save if I pay more?**

Enter an extra monthly payment and Calcie will show how much shorter the term gets and how much interest you won't pay.

**Can I calculate a mortgage?**

Yes: a mortgage is just a loan. Enter the home price, down payment, rate and term in years, and Calcie calculates the payment and the overpayment and shows a schedule for the whole term.

**Does the “Loan” mode work offline?**

Yes. Calcie does all its math right on your device, so the mode works on a plane, on the subway and out of town. Nothing is sent to any server, and the answer appears instantly.

**Is “Loan” available on iPad and Mac?**

Yes. On iPad the mode has its own layout with larger fields, and on a Mac with Apple Silicon Calcie runs in its iPad version and works from the keyboard. Your Premium purchase applies on every device signed in with your Apple ID.

**How do I switch to the “Loan” mode?**

Open the modes menu, the icon at the top left of the calculator's main screen, and choose “Loan”. Calcie remembers your choice: next time the app opens right in that mode.

Try it right here: https://funworks.app/en/calcie/loan/#calc · App Store: https://apps.apple.com/app/id6819202153

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FunWorks · https://funworks.app/en/ · support@funworks.app