LoanMivo: Loan Calculator

LoanMivo shows the true cost of any loan — anywhere in the world — and how to pay it off faster.

Most loan calculators give you one number and forget you. LoanMivo decodes the offer, plans your payoff and tracks your real loan, using the conventions lenders in your country actually use.

• OFFER X-RAY — find the true APR
Lenders quote rates in confusing ways. Enter (or scan) what you were offered — flat rate, installment or nominal rate plus fees — and see the real annual cost, how much higher it is than advertised, and the cost per 100 borrowed. Includes India's "no-cost EMI" check (GST on interest + processing fee).

• SCAN A LOAN OFFER
Photograph a quote or contract. LoanMivo reads the amount, rate, term, installment and fees on your phone — nothing is uploaded — and fills in the X-Ray for you.

• PAYOFF LAB — see what extra payments save
Add extra monthly payments, yearly or bonus-month payments, lump sums, rate changes, payment breaks or an offset account. Compare "finish sooner" vs "lower payment" side by side and watch the interest you save.

• TRACK YOUR REAL LOAN
Mark payments as paid, log extra payments and rate resets, get payment reminders and a home-screen widget, and check your bank statement against what your balance should be.

• EVERY CALCULATOR YOU NEED
Loan & EMI calculator (solve for payment, amount, rate or term), mortgage with taxes, insurance, PMI and HOA, auto loans with balloon, amortization schedule with CSV and PDF export, compare up to 6 offers (3 free) with points and break-even, refinance break-even, affordability (how much can I borrow?), split & combination loans, and a debt payoff planner (avalanche vs snowball).

• BUILT FOR YOUR COUNTRY
Canadian semi-annual compounding and accelerated bi-weekly payments, UK overpayment allowance, German initial repayment (Tilgung) and fixed-rate period balance, Brazilian SAC vs Price and monthly rates, Japanese equal-principal and bonus payments, Chinese combination loans, flat-rate decoding for Southeast Asia and the Gulf, Indian lakh/crore formatting — and every currency.

• PRIVATE & HONEST
No account. Works offline. We never receive your loan data. Ads never interrupt a calculation, and Pro offers a lifetime purchase and, where available, a subscription.

LoanMivo is a calculator only. We do not lend money, broker loans or sell your data. Results are estimates for information and are not financial advice.

Recent changes:
Fixed bugs and made some optimization