Technical Questions FAQ

Our calculator uses industry-standard formulas for calculations with high accuracy. Main features:

• Uses standard loan calculation formulas

• Considers all relevant fees

• Supports multiple loan types

• Real-time calculation results

Calculation factors:

• Principal and interest

• Loan term

• Interest rate changes

• Additional fees

Please note:

• Calculation results are for reference only

• Actual loan terms may vary

• Please confirm specific details with your lender

Our calculator supports various payment frequencies:

• Monthly payments

• Quarterly payments

• Semi-annual payments

• Annual payments

Features of each payment frequency:

• Different interest calculation methods

• Different repayment plans

• Different total cost impacts

Interest rate calculation considers the following factors:

• Base interest rate

• Risk premium

• Market conditions

• Loan term

Calculation method:

• Convert annual interest rate to actual interest rate

• Consider compound interest effect

• Calculate actual cost

We support multiple loan types:

• Equal principal and interest loan

• Equal principal loan

Features of each type:

• Different repayment methods

• Different interest calculations

• Different applicable scenarios