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
% Interest% FeeFixed Fee
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