Calculate your loan amortization schedule with detailed monthly payment breakdowns. See how much goes to principal vs interest over the life of your loan.
Enter your loan details and click calculate to see your amortization schedule.
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An amortization calculator is an essential tool for understanding how your loan payments are structured over time. Our free loan amortization calculator helps you visualize exactly how much of each payment goes toward principal versus interest, making it easier to plan your finances and understand the true cost of borrowing.
Loan amortization is the process of paying off a debt through regular payments over a set period. With an amortization schedule calculator, you can see that early payments consist mostly of interest, while later payments apply more toward the principal balance. This front-loaded interest structure is why making extra principal payments early in the loan can save thousands in interest costs.
Our mortgage amortization calculator works for various loan types including conventional mortgages, FHA loans, VA loans, auto loans, personal loans, and student loans. Whether you're calculating a 15-year or 30-year mortgage, or analyzing a 5-year auto loan, the amortization principles remain the same.