Plan A | Plan B | Plan C | |||
* Principal | |||||
* Number of Years | |||||
* Annually Interest Rate(%) | |||||
# Monthly Payment | |||||
# Total Interest Paid | |||||
# Total Money Paid | |||||
* Mandatory fields # Generated figures |
User Guide
1. The tool tries to show you how different "Principal amount", "number of years loan standing", "mortgage interest rate" would change the cost of the loan (total interest paid, total money paid) and the monthly payment required. Hopefully, it can assist you to make a good choice of different loan type
2. Principal amount is not necessary the same, you can try different Principal amount to see the impact
3. Either hit "Enter" after input by the keyboard or hit the "Button" will trigger the re-calculation
4. Move mouse over (in laptop) or press (in touch screen) the bars in the diagram will bring you more detail information about each of the bar