Type a loan the way you would say it out loud. Smart Loan Calculator picks out the amount, the rate and the term, then shows the payment, the real cost and a report you can hand to a client.
No account. Nothing to install. Works in any browser.Edit the sentence below. The reader on the right updates as you type. In the full calculator the assistant also asks for anything it could not find.
Pick the loan type and the screen changes to fit it. Defaults, labels and ranges are set for each, and you can overwrite all of them.
Payment, true cost of owning, extra payments and lump sums.
Home purchase or refinancePayment with sales tax, fees and a down payment.
New or usedA fixed payment and the total interest you will pay.
Short termSee how a little extra each month shortens the loan.
Long termBorrow against the value you have built.
Line or loanCombine cards and loans into one line and see what you save each month and in total.
Before and afterYou always type in your own rates and amounts. When you are not sure what rate to expect, or you are holding several offers, these two helpers do the legwork.
Pull in a current reference rate to start from, then replace it with the rate your lender actually offers. Useful when a client asks “what is a fair rate today?”
Reference rates are a guide, not a quote. Always confirm with the lender.
Enter up to eight offers with their fees, points, cashback and penalties. The comparison ranks them by what you really pay over the time you plan to hold the loan.
Every result becomes a clean, printable page with your name and your client’s name on it. Print it or save it as a PDF from the browser.
The calculator runs in your browser. Amounts, names and reports are saved on your own device and are never sent to a server.
No. You type in the rate, the amounts and the term, so the math works the same anywhere. Pick any currency. Country-specific extras, such as mortgage insurance, are optional switches.
No. It is an estimate for planning and comparing. Your lender’s figures decide the final numbers, and rates change often.
It looks for the amount, rate, term and down payment in what you write, then asks for whatever is missing. It follows clear rules, so a simple sentence works best.
Only in your own browser. Use the Reset button at any time to clear everything you entered.
Yes. Add your name and your client’s name, then print the report or save it as a PDF.