Loans & Interest

This subcategory gathers 5 tools for estimating financial operations. Loan payment, Amortisation schedule and Compound Interest help visualise a project. Simple Interest and Inflation Projection complete the page. They are free and need no account, useful for preparing a budget, comparing an offer or understanding the effect of time on capital.

The choice depends on the calculation you need. Loan payment estimates the monthly payment, total cost and interest, while Amortisation schedule breaks down principal and interest instalment by instalment. Compound Interest projects capital with periodic compounding, Simple Interest calculates without compounding and Inflation Projection projects a price and future purchasing power. Start with the simplest question, then add a second tool if needed.

How to use

  1. Start with the overall calculation: Loan payment estimates the monthly payment, total cost and interest to frame the operation.
  2. To understand the split over time, then open Amortisation schedule and check principal and interest instalment by instalment.
  3. For a placement or savings, choose Compound Interest if compounding is periodic, otherwise Simple Interest.
  4. To include the passing of time, finish with Inflation Projection and compare the future price with projected purchasing power.

Frequently asked questions

What is the difference between simple and compound interest?

Simple Interest calculates interest without compounding. Compound Interest projects capital with periodic compounding. The second tool therefore shows the effect of successive periods on a sum.

Does Amortisation schedule detail every instalment?

Yes, it breaks down principal and interest, instalment by instalment. It complements Loan payment, which gives an overall estimate. Use it to see how the split changes over time.

Does Inflation Projection cover purchasing power?

Yes, it projects a price and future purchasing power. This helps imagine the effect of time on a sum or a budget. Use the result as a reference in your thinking.

Can I use Loan payment without an amortisation schedule?

Yes, Loan payment gives an overall estimate of the monthly payment, total cost and interest. Amortisation schedule becomes useful if you want to see the principal and interest share at each instalment.

Is Compound Interest suitable for a long projection?

Yes, it projects capital with periodic compounding. This type of calculation helps visualise the effect of successive periods. Keep the same assumptions when comparing several scenarios.

Tools in the same category