Manual on How to Use the Loan Repayment Calculator

The Loan Repayment Calculator helps you understand how much you will repay when you take a loan. It shows your monthly payment, total repayment, and total interest.

What This Tool Does

This tool calculates:

• Monthly repayment amount
• Total amount you will repay
• Total interest on the loan

How to Use the Tool

Step 1: Enter Loan Amount

Type the total amount you want to borrow.

Step 2: Enter Interest Rate

Input the yearly interest rate given by the bank or loan app.

Step 3: Enter Loan Duration

Choose how many months you will repay the loan.

Step 4: Click Calculate Repayment

The tool will instantly show your repayment breakdown.

Step 5: View Results

You will see:

• Monthly payment
• Total repayment
• Total interest

Important Note

This tool gives an estimated repayment. Actual bank or loan app charges may vary slightly depending on their policies.