Amortization Schedule Calculator
Generate a full amortization schedule for any loan. See the monthly payment, total interest and a period-by-period breakdown of principal, interest and remaining balance. Free and instant.
Amortization schedule
| Period | Payment | Principal | Interest | Remaining balance |
|---|---|---|---|---|
| – | ||||
About Amortization Schedule Calculator
The Amortization Schedule Calculator builds a complete month-by-month repayment table for any fixed-rate loan. From the loan amount, annual interest rate and term in years, it computes the monthly payment, the total interest and the total amount paid over the life of the loan.
Each row of the schedule shows one payment split into interest and principal, plus the remaining balance afterward. Early payments are mostly interest because interest accrues on a large balance; as the balance falls, more of each identical payment goes to principal — that shifting split is what amortization means.
Generate a schedule before signing a mortgage, car loan or personal loan to see exactly where each payment goes, how much interest a longer term really costs, and what your balance will be at any point. Free and instant, right in your browser.
How to use Amortization Schedule Calculator
- Enter the loan amount you plan to borrow.
- Enter the annual interest rate.
- Set the loan term in years.
- Review the monthly payment, total interest and total paid, then scroll the period-by-period schedule of principal, interest and remaining balance.