Your bank shows you one number: your monthly payment. They hide the number that matters — the TOTAL interest you'll pay over the life of your loan. On a typical 30-year mortgage, you pay more in interest than the original home price itself. This calculator exposes that number. Instantly. WHAT YOUR BANK WON'T TELL YOU $300,000 mortgage at 6.8% for 30 years? ✗ Monthly payment: $1,961 ✗ What they hide: $406,000 in interest ✗ Total you actually pay: $706,000 That's 57% of every payment going straight to the bank — not your home. Now you know. 5 LOAN TYPES COVERED 🏠 Mortgage — Home purchase or refinance 🚗 Auto Loan — Car, truck, or motorcycle 💼 Personal Loan — Debt consolidation, expenses 🎓 Student Loan — Federal or private 📊 Business Loan — Small business financing Each loan type pre-fills typical rates so you can calculate instantly. EXTRA PAYMENT SIMULATOR Slide to add an extra $50, $100, or $200 per month. Watch in real-time as: → Your payoff date moves years earlier → Thousands in interest disappear → Your total savings update instantly Adding just $100/month extra on a 30-year mortgage saves over $30,000 in interest and pays off 4 years early. FULL AMORTIZATION SCHEDULE See every single payment for the life of your loan — month by month. Color-coded rows show you the truth: 🔴 Early payments: mostly interest 🟢 Late payments: mostly principal Milestone badges reveal: ⚡ The exact month principal finally beats interest (it takes longer than you think) 🎯 When you're 25% paid off 🏆 When you hit the halfway mark Annual summaries show total principal and interest paid each year. WHAT YOU GET ✓ Monthly payment calculation ✓ Total interest — the shocking number ✓ Principal vs interest pie chart ✓ Full amortization schedule ✓ Extra payment live simulator ✓ Payment frequency options (monthly, bi-weekly, weekly) ✓ Loan milestone tracker ✓ 5 loan types with typical rates ✓ Works offline — no account needed ✓ 100% free — no subscription PRIVATE BY DESIGN No account. No bank linking. No personal data stored. Your loan details never leave your device. WHO USES THIS APP → First-time homebuyers comparing mortgages → Homeowners considering refinancing → Car buyers negotiating at the dealership → Anyone comparing loan offers side-by-side → People making extra payments who want to see the exact impact before doing it For educational purposes only. Actual loan costs depend on lender-specific terms, fees, and your credit profile.

Loan Calculator: True Cost

Data calls made by Loan Calculator: True Cost