Do you know exactly how much of your monthly loan payment goes toward your actual debt versus the bank’s profit?
Most people don’t. They look at the EMI (Equated Monthly Installment) and think, “I can afford this.”
But there is a hidden trap. In the first few years of a long-term loan, up to 70% of your payment might be going just toward interest. You could be paying for years and barely scratching the principal amount.
Today, we are releasing a free, powerful tool to help you fight back.
Introducing the Hancerz Loan Repayment Analyzer
We didn’t just build a simple calculator. We built a financial planning tool designed to answer the three questions that banks usually hide in fine print:
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- What is my total interest cost? (It’s often shocking).
- What does my payment schedule look like month-by-month?
- If I pay off my loan today, how much money do I save?
👉 Click Here to Try the Calculator for Free
Why You Need to Check Your “Amortization Schedule”
It sounds like a boring finance term, but the Amortization Schedule is your roadmap to freedom.
Our tool generates this instantly. It shows you a breakdown of every single month for the next 5, 10, or 20 years. You can see exactly when the tide turns—when you stop paying mostly interest and start paying off your actual home or car.
The “Secret Weapon”: Early Settlement Calculator
This is the feature our users love the most.
Let’s say you have a 5-year loan, and you’ve already paid for 2 years. You suddenly get a bonus at work or sell an asset. Should you pay off the loan?
Banks often charge a foreclosure penalty (usually 1-5%) to discourage you from paying early.
Our Pro Calculator does the math for you:
- Enter how many months you’ve paid.
- Enter the penalty % (if any).
- Boom: See the exact “Final Payoff Amount” and—more importantly—the total interest you save by paying today.
We’ve seen users realize they could save thousands of dollars just by closing a loan 6 months early.
How to Use the Tool
- Go to the Hancerz Loan Repayment Calculator.
- Enter your Loan Amount, Interest Rate, and Tenure.
- Hit Calculate.
- Scroll down to see the Visual Chart and Month-by-Month Table.
- Want to keep it? Click “Download PDF” to save a branded report for your records.
Stop Guessing, Start Saving
Knowledge is power. The bank has done the math to maximize their profit. It’s time you did the math to maximize your savings.
This tool is 100% free, mobile-friendly, and works with any currency (USD, EUR, GBP, INR, and more).
👉 Try the Loan Repayment Calculator Now
