Flat Rate vs Reducing Balance Loan Calculator

Flat Rate vs. Reducing Balance Loan Calculator

Enter your loan details to compare the total costs between a flat rate and a reducing balance loan. All figures are for 2025.

Comparison Summary

Flat Rate Loan

Monthly Payment:

Total Interest Paid:

Total Amount Paid:

Reducing Balance Loan

Monthly Payment:

Total Interest Paid:

Total Amount Paid:

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