How it works
AI reads. You confirm. Deterministic code calculates.
The split matters, so it is worth being precise about it. A language model is used to read a document. It is never used to compute a financial result.
- 01
Pick your country
Canada and the United States are separate modes with their own currency, formatting, and interest conventions. No conversion or cross-currency comparison is performed.
- 02
Send one document
A loan statement, amortization schedule, payoff quote, or note summary, as PDF, JPG, or PNG up to 20 MB. Photograph it with your phone if that is easier.
- 03
Automated extraction
The document is read once, with a structured schema. Deterministic consistency checks run afterwards, and a stronger model adjudicates only the disputed fields when a check fails. There is no human review queue.
- 04
You confirm the material fields
Balance, rate, payment, frequency, maturity, and any balloon are shown with their read status. Nothing is calculated until you confirm. Missing information is asked for, never invented.
- 05
Deterministic math
A pure finance library with no network access and no model calls builds the amortization schedule in exact decimal arithmetic and reconciles the totals to the cent.
- 06
Test scenarios
Change the rate, the term, the frequency, or the fee treatment and watch both sides of the tradeoff move at once.
What LoanHank will not do
- It will not tell you which rate a lender would give you, or whether one would lend at all.
- It will not predict where rates are going.
- It will not contact a lender, forward your document, or sell your details.
- It will not call longer-term cash-flow relief “savings” when the lifetime interest rises.
- It will not invent a missing loan term. If a projection-critical field is unknown, you get a limited X-Ray and a clear statement of what is needed.