Flat vs. Reducing Rate Calculator | FREE, Unlimited & No Login
Compare flat interest rate and reducing balance rate loans to see which is cheaper and better for your specific financial needs.
Compare the total cost of a loan using a flat rate versus a reducing balance rate to make a smarter borrowing decision.
Total Interest Paid
Flat Rate
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Reducing Rate
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Year | Flat Rate Balance | Reducing Rate Balance |
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Compare flat interest rate and reducing balance rate loans to see which is cheaper and better for your specific financial needs.