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Loan Calculator

Calculate your loan payments and view detailed payment schedule

General Loan Details

Interest

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Reducing Balance: Interest is calculated on the remaining loan balance. As you pay down the principal, the interest amount decreases over time. This is the most common method used by banks.

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**DISCLAIMER**

The loan calculator is provided for informational purposes only and does not constitute financial advice, a loan offer, or approval. Please consult your financial institution or advisor for personalized guidance.