Real Interest Calculator

Compare multiple loans with this true interest calculator. It calculates the equivalent interest with no fee (behind the scenes real interest) you'll be paying for the interest & fee combinations for loans from multiple banks.

Enter the values below to calculate your monthly installment. The loan can be a mortgage (house loan), car loan, or any other simple interest amortization over a fixed time with fixed monthly payments.

Mortgage / Loan Comparison

Principal

Total loan amount. For example, (house value - down payment).

Number of Years

Fixed term loan duration in years.

Enter Interest and Corresponding Fee Below

	% Fee	Fixed Fee
Loan 1	@	+
Loan 2	@	+
Loan 3	@	+
Loan 4	@	+
Loan 5	@	+
Loan 6	@	+
Loan 7	@	+
Loan 8	@	+
Loan 9	@	+
Loan 10	@	+