LIVE LOAN COST SKETCH
Payment vs cost ↓Scenario presets
Optional: upfront fees added to cash cost of money (not a full APR engine)
Updates live. Payment vs the cost of money. Fixed-rate amortizing sketch - no variable APR, balloons, or deferred interest.
Monthly payment
$395.01
Interest tax 26% of principal · 48 mo
INTEREST-TAX METER · PAYMENT vs COST
Interest tax
Total interest ÷ principal
26%
Principal recovered
$15,000
79% of repayments
Interest paid
$3,960
21% of repayments
Cash cost = interest + fees. True outlay (repayments + fees) ≈ $18,960. A soft monthly payment can still carry a heavy interest tax.
TERM STRETCH LADDER · SAME PRINCIPAL & RATE
| Term | Payment | Interest | Tax % |
|---|---|---|---|
| 24 mo | $706.10 | $1,946 | 13% |
| 36 mo | $498.21 | $2,936 | 20% |
| 48 mo← yours | $395.01 | $3,960 | 26% |
| 60 mo | $333.67 | $5,020 | 33% |
| 84 mo | $264.79 | $7,242 | 48% |
Stretching the term usually softens payment and raises interest tax on the same principal and rate - cash-flow vs cost of money, not a recommendation. If your term is off-ladder, payment above still uses your months.
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