Do I need to install anything?

No. It runs in any modern browser, free, with no account required.

For Researchers · Markov Chains

Markov Chains for a loan payoff

Built for researchers prototyping or validating an idea. Prototype fast, reproduce exactly, and share a citable, interactive version of your model. Simulate a loan payoff live below — adjust the inputs and watch it respond, right in your browser.

Markov ChainLive

transitions → stationary distribution

A100.0%

B0.0%

C0.0%

Controls

A system hops between states by fixed probabilities. From any start it converges to the same stationary distribution — the math behind PageRank and queueing.

Presets

Stay in A

Stay in B

Stay in C

▶ Run in Python

Data Inspector

Step0

P(A)1.000

P(B)0.000

P(C)0.000

Governing equation

x_{t + 1} = P x_{t}, π P = π, P = 0.7 0.20 0.25 0.15 0.6 0.25 0.15 0.20 0.5

Reading this result: State A has the stickiest self-loop (0.70), so it keeps the largest share of the stationary distribution no matter where you start.

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Frequently asked questions

Is this good for researchers?: Yes — this version of "Markov Chains for a loan payoff" is framed for researchers prototyping or validating an idea. Prototype fast, reproduce exactly, and share a citable, interactive version of your model.
Do I need to install anything?: No. It runs in any modern browser, free, with no account required.