Simple explanations for understanding interest, repayments, multiple loans and indicative affordability. Always compare your calculations with your lender's official documents.
EMI depends on the principal, interest rate, repayment term and the interest method. A reducing-balance calculation generally charges interest on the outstanding balance, while a flat/simple method can calculate interest from the original principal.
Try EMI CalculatorA fixed rate stays unchanged in the calculation model. A variable rate can change over time. When entering a variable loan into DSR4U, use the rate schedule shown by your lender so the analysis follows the documented changes.
Analyse a LoanAn early payoff amount can differ from the simple outstanding principal because interest, fees, settlement rules and payment allocation may apply. DSR4U provides planning estimates rather than an official settlement quote.
View Loan AnalysisKeeping each loan separately makes it easier to compare balances, payment history, interest and currencies. Add each loan with the terms from its own statement instead of combining different currencies into one total.
Manage LoansPeople may have loans from banks, finance companies, employer schemes or cooperative societies. The safest approach is to enter the actual rate, term, payment frequency and outstanding amount from your own documents.
Check Indicative EligibilityCheck the original amount, interest rate, payment frequency, payments already made and current balance. Enter those figures into DSR4U to build a separate analysis for the loan.
How to Use DSR4U