Back to Tools

Amortization Calculator

Calculate loan amortization schedule with principal and interest breakdown.

Amortization Calculator

Loan Details

Please enter a valid loan amount

Please enter a valid interest rate

Please enter a valid loan term

Payment Summary

Total Interest

Loan Amount:
Total of Payments:
Total Interest:
Number of Payments:

Payment Breakdown

Principal
Interest

Email Results

Save calculations & get breakdowns

Formula & Tips

Payment Formula

PMT = P × [r(1+r)^n] / [(1+r)^n - 1]

Where P = Principal, r = periodic rate, n = number of payments

Key Benefits

  • • See exactly how much goes to principal vs interest
  • • Plan for early payoff strategies
  • • Compare different loan terms
  • • Understand total cost of borrowing

Tips

  • • Early payments go mostly to interest
  • • Later payments go mostly to principal
  • • Extra principal payments reduce total interest
  • • Shorter terms mean higher payments but less interest

Amortization Schedule (Showing first payments)

Payment # Payment Amount Principal Interest Remaining Balance Cumulative Interest

Showing of payments

v1.0.0.154154

Get Results of Amortization Calculator via Email

Save your calculations and get detailed breakdowns

We respect your privacy. No spam, unsubscribe anytime.

© 2025 Developer & Financial Tools. Built with Nunjucks and Alpine.js.

All calculations run locally in your browser for privacy and speed.

Build v1.0.0.154154 • Aug 14, 2025, 02:49 AM EDT

main@64c1e45

v1.0.0.154154