Amortization Calculator
Calculate monthly payments, total interest, payoff date and see how your loan balance changes over time.
Loan Details
Enter your loan amount, term and interest rate.
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%
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Optional: extra payment settings
Extra monthly payments are applied directly to principal and can reduce total interest and payoff time.
Monthly Payment
$0
Payoff Date
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Loan Amount$0
Total Interest$0
Total Cost$0
Number of Payments0
How payments change over the life of the loan
See the principal paid, interest paid and remaining balance over time.
Principal paid
Interest paid
Loan balance
Amortization Schedule
Monthly breakdown of payment, principal, interest and remaining balance.
| Month | Payment | Principal | Interest | Balance |
|---|
Amortization Summary
Your loan summary will appear after calculation.