Interest-Only vs. Principal & Interest Loan Analyzer

Compare monthly payments and total interest for different loan structures.

** VERY IMPORTANT - PLEASE READ **
  • This calculator provides **illustrative estimations** based on your inputs.
  • Actual loan terms, rates, and fees vary significantly by lender and product. This tool uses simplified calculations.
  • **Interest-Only loans often result in significantly higher monthly payments after the I/O period ends.** Be aware of this "payment shock."
  • This tool is for educational purposes ONLY and is **NOT financial advice.**
  • Always obtain official loan documentation and consult with qualified financial advisors or mortgage professionals before making borrowing decisions.

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