This product was not featured by Product Hunt yet. It will not be visible on their landing page and won't be ranked (cannot win product of the day regardless of upvotes).
Free loan calculator showing interest vs principal repayments. See your full amortisation schedule, total interest paid, and explore what-if scenarios with extra repayments.Built to show non finance literate people how the relationship works over time with repayments, how you can change your loan life by adding repayments.
I was building a simple PMT function in excel to show someone how to work out interest over time, when I realised it wasn't that simple if you were not from a finance background. Instead of trying to explain the different elements of an excel function and then how to use this to calculate interest and principal, I thought I'd build a straight forward app that would require minimal technical background or skill to input loan details, put also show your monthly repayment over time both graphically, and in a table where you could see the changes over time. Adding in a what-if scenario made sense as things change over time. Interested to know if you find this helpful.
honestly this looks really useful for people who get confused by loan math. one thing that would help a lot is letting users save or share their scenarios with a simple link, so you can show your partner or compare two loan options side by side without retyping all the numbers.
About Loan Interest and Repayment Calculator on Product Hunt
“Shows relationship between principal and interest ”
Loan Interest and Repayment Calculator was submitted on Product Hunt and earned 0 upvotes and 3 comments, placing #122 on the daily leaderboard. Free loan calculator showing interest vs principal repayments. See your full amortisation schedule, total interest paid, and explore what-if scenarios with extra repayments.Built to show non finance literate people how the relationship works over time with repayments, how you can change your loan life by adding repayments.
Loan Interest and Repayment Calculator was featured in Payments (13.1k followers), Personal Finance (2.9k followers) and Banking (1.6k followers) on Product Hunt. Together, these topics include over 9.5k products, making this a competitive space to launch in.
Who hunted Loan Interest and Repayment Calculator ?
Loan Interest and Repayment Calculator was hunted by Matthew Phillips. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
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Matthew Phillips