Loan Calculator
Works out the monthly payment, total interest and full repayment schedule for any loan from…
Calculates the probability of a number of events in a period from the average rate, with the full distribution and cumulative totals.
Poisson probabilities for counts of events at a known average rate.
| Average 3, exactly 3 events | 22.40% |
|---|---|
| Average 3, at least one event | 95.02% |
| Mean and variance | both exactly λ |
| Standard deviation | √λ |
| Relationship to the binomial | the limit of many trials with a small p |
This tool uses P(exactly k) = e^−λ × λᵏ ÷ k!, with the mean and the variance both equal to λ. Every intermediate value is shown on screen, so the result can be checked by hand.
Independent events at a constant rate. Real rates vary by hour and day, and events often cluster, so a Poisson model usually understates how bad the busiest periods will be.
Works out the monthly payment, total interest and full repayment schedule for any loan from…
Calculates your Equated Monthly Instalment with a full principal-versus-interest breakdown and…
Estimates a full monthly housing payment including principal, interest, property tax…
Calculates a car finance payment from the price, deposit, trade-in, interest rate and term…
Works out instalments and total cost for an unsecured personal loan, including any processing…
Produces a complete month-by-month table showing how each payment splits between interest and…
Shows how savings grow with compound interest, including regular contributions and any…
Calculates simple interest and the final amount from principal, rate and time, without…
Projects the maturity value of a monthly Systematic Investment Plan, showing invested amount…
Calculates what a one-off investment grows to at a given annual return over any number of years.