Free tools

FriendlyLoans Tools

Free calculators and planning tools to help you make smarter money decisions. Compare personal loan offers, model fixed loan repayment, or map out how quickly snowball or avalanche strategies can get you debt free.

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Current tool library

The tools library now covers loan offer comparison, personal loan repayment planning, debt payoff strategy analysis, side-by-side scenario testing, and DTI ratio analysis.

Free Credit Card Payoff Calculator

Estimate credit card payoff time, total interest, and savings from extra monthly payments based on balance, APR, and payment budget.

Payoff timelineInterest savingsExtra payment planning

Free Net Worth Calculator

Total assets, debts, liquid balances, and category breakdowns to create a clear personal net worth snapshot.

Assets and liabilitiesLiquid net worthCopyable snapshot

Free APR Calculator

Convert loan amount, stated interest rate, term, origination fees, and prepaid finance charges into APR so you can compare true borrowing cost.

APR estimateFee impactFinance charge

Free APY Calculator

Convert APR to annual percentage yield and estimate savings growth from compounding frequency, starting balance, monthly deposits, and time.

APR to APY conversionCompounding frequencySavings growth estimate

Free Interest Only Loan Calculator

Estimate interest-only payments, later principal-and-interest payments, payment shock, and total borrowing cost.

Interest-only paymentPayment shockTotal interest comparison

Free Auto Loan Calculator

Estimate monthly car payments, amount financed, sales tax, fees, total interest, and ownership cost from vehicle price, down payment, trade-in, APR, and term.

Car payment estimateTax and fee inputsOwnership budget check

Free Compound Interest Calculator

Project savings growth from a starting balance, recurring contributions, annual rate, time horizon, and compounding frequency.

Contribution scheduleCompounding frequencyYear-by-year growth

Free Simple Interest Calculator

Calculate simple interest, total repayment, principal, annual rate, or time for non-compounding personal loan scenarios.

I = P x R x T formulaSolve missing valuesMonthly interest estimate

Free Rent Calculator

Estimate affordable monthly rent from income, recurring debt, savings goals, utilities, renter insurance, and target rent-to-income ratio.

Rent-to-income guidanceCash-flow budget checkUtilities and insurance inputs

Free Rent vs Buy Calculator

Compare renting versus buying with mortgage payments, taxes, insurance, maintenance, appreciation, sale costs, and investment opportunity cost.

Rent or buy decisionBreak-even yearEquity and opportunity cost

Free Rent Split Calculator

Calculate a fair roommate rent split from total rent, utilities, bedroom size, private bathroom, parking, and equal-share assumptions.

Room-size weightingPrivate bath and parking premiumsCopyable roommate summary

Free Mortgage Calculator

Estimate monthly mortgage payments with home price, down payment, interest rate, taxes, insurance, PMI, HOA dues, and amortization totals.

Full PITI payment estimatePMI and HOA inputsAmortization snapshot

Free Mortgage Recast Calculator

Estimate how a lump-sum principal payment could lower a mortgage payment after recasting, including interest savings and fee payback.

Lower payment estimateInterest savingsFee payback timing

Free Personal Loan Calculator

Compare up to three personal loan offers, estimate monthly payments, and see total interest before you choose a lender.

Side-by-side loan comparisonAmortization schedulePrincipal vs interest chart

Free Loan Comparison Calculator

Compare multiple loan offers by monthly payment, total interest, upfront fees, payoff term, and all-in borrowing cost.

Ranked offer comparisonFees includedTotal cost savings

Free Personal Loan Repayment Calculator

Compare personal-loan repayment scenarios side by side and calculate monthly payments, total interest, and amortization schedules.

Side-by-side term comparisonMonthly payment analysisAmortization schedule

Free Debt Payoff Calculator

Compare snowball and avalanche methods, add extra monthly payments, and see your debt-free timeline.

Side-by-side method comparisonInteractive payoff chartMultiple debt inputs

Free Loan Repayment Calculator

Compare loan terms and APR scenarios side by side to find the monthly payment and repayment plan that fits best.

Side-by-side plan comparisonAmortization scheduleAPR and term analysis

Loan Amortization Calculator

Interactive calculator showing full amortization schedule with principal/interest breakdown per payment. See total interest saved with extra payments.

Full amortization tableExtra payment savingsExportable schedule

Free Debt Snowball Calculator

Calculate debt payoff using the snowball method (smallest balance first). See payoff timeline, total interest, and compare snowball vs avalanche strategies.

Snowball payoff orderSnowball vs avalanche comparisonMonth-by-month progress

Free Loan Agreement Generator

Generate a simple, legally-worded personal loan agreement between friends or family. Enter loan details and download a free PDF contract template.

PDF downloadStandard legal clausesFriends & family loans

Free AFR Family Loan Calculator

Find the IRS-compliant minimum interest rate (Applicable Federal Rate) for an intra-family loan, plus monthly payment, total interest, and full amortization schedule.

IRS-minimum AFR rateAuto short / mid / long-term tierFull amortization schedule

Free Debt-to-Income Ratio Calculator

Calculate your debt-to-income ratio instantly. See if you qualify for a mortgage or loan and get tips to improve your DTI.

Front-end & back-end DTIQualification thresholdsImprovement tips