Amortization Calculator — Loan Payment Schedule
Generate a complete loan amortization schedule showing principal and interest breakdown for each payment.
What is Amortization Calculator?
An amortization calculator shows how each loan payment is split between principal and interest over the life of a loan.
How to Use
- Enter the loan amount
- Enter the annual interest rate
- Enter the loan term
- Click Calculate
Examples
Example
A $250,000 mortgage at 6.5% for 30 years has a monthly payment of about $1,580.
FAQ
What is amortization?
Amortization is the process of spreading loan payments over time, covering both interest and principal.
Related
Disclaimer: Results are estimates. Consult a professional for important decisions.