Terms of Service & Privacy Policy

Terms of Service

1. Acceptance of Terms

By accessing and using this Amortization Calculator website ("Service"), you agree to these Terms of Service. If you do not agree with any part of these terms, you may not use the Service. We reserve the right to update these terms at any time without notice.

2. Calculator Disclaimer

This calculator provides estimates for informational and educational purposes only. Results should not be considered financial advice. Actual loan payments may vary based on lender terms, fees, and individual credit profile. Always consult a qualified financial advisor or mortgage lender before making borrowing decisions. We are not responsible for decisions made based on calculator outputs.

3. Accuracy of Information

We strive to maintain accurate calculations based on standard amortization formulas. However, we do not warrant that results are error-free. Tax rates, PMI rates, and insurance estimates shown are averages. They may not reflect your specific state, county, or lender requirements. Users should verify all figures with their financial institution.

4. Intellectual Property

All content, design, code, and educational material on this website are protected by copyright. You may not reproduce, distribute, or create derivative works without written permission. Personal, non-commercial use of the calculator tool is permitted.

5. Limitation of Liability

This Service is provided "as is" without warranties of any kind. We shall not be liable for any damages arising from the use or inability to use this calculator. This includes direct, indirect, incidental, or consequential damages.

6. Third-Party Links

This site may contain links to external resources (CFPB, Federal Reserve, SEC). These links are provided for reference only. We do not endorse or control third-party content and are not responsible for their privacy practices or accuracy.

7. Modification of Terms

We reserve the right to change, modify, or update these Terms at any time without prior notice. Continued use of the Service after changes constitutes your acceptance of the revised Terms. We recommend reviewing this page periodically.

8. Governing Law

These Terms are governed by and construed in accordance with the laws of the United States. Any disputes arising from the use of this Service shall be subject to the jurisdiction of the applicable federal or state courts.

Privacy Policy

1. Data Collection

This calculator runs entirely in your browser. We do not collect, store, or transmit any personal data or loan information you enter. All calculations happen locally on your device. No loan amounts, interest rates, or payment details are sent to any server.

2. Cookies & Analytics

We may use minimal, privacy-respecting analytics to understand page traffic (e.g., page views, browser type). No personally identifiable information (PII) is collected. We do not use advertising cookies or behavioral tracking. By using this site, you consent to our use of cookies for statistical and functional purposes. You can manage cookie preferences in your browser settings at any time.

3. Third-Party Services

This website uses Google Fonts for typography and Chart.js via CDN for rendering graphs. These services may collect basic request metadata (IP address, browser type) per their respective privacy policies. We do not share any user-entered calculator data with third parties.

4. Data Security

Since all calculations are performed client-side in your browser, your financial data never leaves your device. We recommend using a secure, up-to-date browser. Do not share generated reports (CSV exports, printed schedules) with untrusted parties.

5. Children's Privacy

This Service is not intended for children under 13. We do not knowingly collect data from minors. If you believe a child has provided personal information, please contact us so we can investigate.

6. Contact Information

For questions about these Terms or our Privacy Policy, please reach out through the contact information provided on our website. We aim to respond to all inquiries within 5 business days.