Calculate loan payments with a full amortization schedule
Calculators
Calculator
How to Use
1Enter the loan amount
2Enter the annual interest rate
3Enter the loan term in months
4Click Calculate to see monthly payment and amortization table
Frequently Asked Questions
Using the standard amortization formula: M = P × [r(1+r)^n] / [(1+r)^n - 1], where P is principal, r is monthly rate, and n is number of payments.
It shows how each payment is split between principal and interest over the life of the loan. Early payments are mostly interest; later payments are mostly principal.
No, this calculates principal and interest only. Actual payments may include additional fees, insurance, or taxes.