Inverse Loan Amount Calculator

1. This tool can estimate the total loan amount based on repayment details and other information.

2. How to Use the Tool:

(1) In "Principal-Only" mode, simply enter the first month's repayment amount.

(2) In "Equal Principal and Interest" mode, simply enter the monthly repayment amount.

3. Introduction to "Equal Principal" and "Equal Principal and Interest" Methods:

(1) Equal Principal: This method divides the loan principal evenly over the repayment term, with a fixed amount of principal repaid each month, along with interest calculated on the remaining principal. Since the principal repayment amount remains fixed each month, the interest decreases as the remaining principal decreases, resulting in a gradual reduction in the total monthly payment.

(2) Equal Principal and Interest: This method involves repaying a fixed monthly amount (a combination of principal and interest), with the same payment amount each month. This repayment method divides the total of the loan principal and interest equally across each month; the proportion of interest is higher in the early stages, while the proportion of principal increases in the later stages.

4. Due to limitations in calculation accuracy, the results generated by this tool are for reference only.