Disclaimer

Every calculator on this site gives an estimate for education, not financial advice. A result follows from a standard formula and the numbers you enter. It is not a loan offer, a rate quote, a pre-approval or a recommendation.

• Results assume a fixed interest rate, level payments and monthly compounding unless a page says otherwise. Variable rates, payment holidays, late fees and rounding by your lender change the real figures.
• Fees, taxes, insurance and other costs are included only where the calculator asks for them. Your loan documents and your lender’s disclosure are the source of the exact numbers.
• Amounts are shown to the cent for clarity; lenders round each payment to the cent, so a real final payment can differ by a few cents.
• Nothing on this site is financial, legal or tax advice, and no lender, product or rate is recommended. For a decision about borrowing, ask your lender or a qualified financial adviser.
• Program rules (government student loan plans, insured mortgage programs, tax deductions) are not modelled.

If a result looks wrong, please report it. See also formulas and assumptions and the terms of use.