Legal

Disclaimer

The numbers on LoanMetra are estimates for planning, not commitments.

Results are estimates only

Every figure produced by the LoanMetra calculators is an estimate based on the inputs you provide. Actual payments, interest totals and balances can differ because lenders use their own fees, rounding, and policies.

Compounding differs across lenders

Different lending products compound interest in different ways. Some loans charge interest daily, some monthly, and the two can produce noticeably different totals over a long term. The calculator applies a standard monthly approach, so results will not match every lender exactly.

Not a quote or approval

An estimate from LoanMetra is not a loan quote, rate guarantee, or pre-approval. Lenders determine the final interest rate, fees and terms after reviewing an actual application and your credit profile. Approve nothing based on a calculator figure alone.

Consult a qualified advisor

This site does not provide financial, tax or legal advice. For decisions about borrowing, repaying or refinancing, speak with a qualified financial advisor or your lender so that your specific situation is considered.

Figures are approximations

Numbers on the site are rounded and simplified for clarity. Minor differences between these approximations and a lender's precise calculation are normal and do not indicate an error. Rely on your lender's final disclosure for anything binding.