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Loan Amortization Calculator

Loan Amortization Calculator

Amortization is the gradual reduction of a debt over a given period. Our amortization calculator will amortize (show the reduction) your debt (such as a mortgage) and display your payment breakdown of interest paid, principal paid, and loan balance over the life of the loan.

1. Loan Amount -N-
2. Interest Rate %
3. Number of Years
Calculate

Your Amortization Summary

Total Interest Paid Monthly Principal & Interest Number of Payments Total Payments
Base Calculations - - -
Original Loan Amount
Use calculator above
to find loan amount needed

Additional Amortization Information

Loan Amortization Chart

This chart illustrates how balances decrease over time for a fixed rate mortgage.

Principal Payment Chart

This chart shows how payments are split between principle and interest payments over time.

Your full amortization schedule

Month/Year Payment Amount Interest Paid Principal Paid   Mortgage Balance
Use calculator above to see your full amortization schedule
 

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