This tool helps answer the questions:
  1. What is my monthly payment of a loan, such as personal, student, or business loan?
  2. What is my monthly payment if the loan has a grace priod?
  3. What is the implicity interest rate (APR, or IRR) if the loan is subsidized?
Loan Feature clear
Loan amount
Interest rate
Loan term months
Grace period months
$0 payment for months
Origination fees
Monthly payment
Month 1 ~ Month 24
Month 25 ~ Month 60
Implicit interest rate
This tool helps answer the questions:
  • Is it worth it to refinance a loan for a lower interest rate, with additional up-front loan fee?
Current Loan clear
Original loan amount
Original term (months)
Interest rate
Loan start date
Loan balance
New Loan
Loan amount
New term (months)  
Interest rate
Refinance fee
Refinance Decision
Current
New
Difference
Monthly payment
All future payment
All future interest