ToolJovia
Calculators

Entered Loan Refinance Scenario Comparison

Compare two quoted loan-payment scenarios at the same horizon while including upfront or financed fees and remaining balances.

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How to use Entered Loan Refinance Scenario Comparison

Simulate the entered monthly payments with exact cents and declared interest rounding. Horizon cost adds cash payments and remaining debt, then subtracts the original balance; financed fees enter only the new opening debt.

  1. Use the example as the schema; replace its labels and entered model assumptions.
  2. Simulate the entered monthly payments with exact cents and declared interest rounding. Horizon cost adds cash payments and remaining debt, then subtracts the original balance; financed fees enter only the new opening debt.
  3. Calculate, inspect the complete witnesses and limitations, then copy or download the JSON report.

Good to know

  • 1–600 monthly periods; whole-cent balance, payments and fees at most 1,000,000,000 each. Supplied nominal APR is 0%–1,000%. Intermediate debt is capped at 10,000,000,000,000.00.
  • No market rate, regulatory APR, recommendation, prepayment fee inference, escrow, insurance, tax or time-value assumption. Enter payments from the scenarios you want to compare.
  • Local calculation with no upload, input persistence or outside lookup. Model JSON is limited to 30,000 characters and 10,000 values. Decimal quantities are strings with up to six places; count fields use plain JSON integers. Exact fractions are capped at 8,192 bits. The complete JSON output is limited to 1,000,000 characters; approximate numbers preserve their stored values. Unsupported states fail explicitly.

Common questions

Why include the remaining loan balance?

Payments can be lower because principal is repaid more slowly. Adding the unpaid balance compares the same horizon without treating delayed repayment as a free saving.

Are my model inputs saved or sent to a server?

No. This model runs in the current browser tab and creates a local JSON download. It does not save your input or call an external data service.

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