FAQ – Simple Finance Calculator

What types of calculations can I do with this tool?

This calculator supports simple interest, monthly savings (deposit), and loan installment calculations.

How does the simple interest calculator work?

It calculates interest as Principal × Rate × Years, with the result showing both the interest and total amount.

How is the savings (deposit) calculation performed?

For monthly savings, it sums all monthly deposits and adds simple interest earned over the total period.

How does the installment calculator work?

The installment calculator splits total repayment (principal + simple interest) equally by the number of months.

Is my financial data sent anywhere?

No, all calculations are processed instantly in your browser. Nothing is uploaded or saved.

Is this calculator free to use?

Yes, this tool is 100% free, private, and does not require login or registration.