Frequently Asked Questions (FAQ)
How accurate are the loan calculations?
Our calculators use standard financial formulas used by major banks and lending institutions. While they provide highly accurate estimates, we recommend consulting with your financial advisor or bank for final contract figures.
Is my financial data saved on this website?
No. Your privacy is our priority. All calculations are performed in your browser. We do not store, collect, or share any personal financial information you enter into our tools.
Are these calculators free to use?
Yes, 100% free. Our goal is to provide accessible financial logic tools to everyone. There are no hidden fees or subscriptions required.
What is the “DTI” mentioned in some calculators?
DTI stands for Debt-to-Income ratio. It is a percentage that compares your monthly debt payments to your gross monthly income, helping lenders determine your borrowing capacity.
Can I use these tools on my mobile phone?
Absolutely. Loan Logic Tool is fully responsive and optimized for smartphones, tablets, and desktops for a seamless calculation experience.