That Easy Toolbox

Amortization Calculator

$
The total amount of the loan.
%
The annual interest rate (e.g., enter 5 for 5%).
years
The duration of the loan in years.
Monthly Payment $0.00
Total Interest Paid $0.00
Total Principal Paid $0.00

Principal vs. Interest Breakdown

Amortization Schedule

Month Payment Principal Interest Remaining Balance

An amortization schedule is a table that details each periodic payment on a loan. It shows how much of each payment is applied to interest and how much is applied to the principal balance. The schedule continues until the loan balance is paid off at the end of its term.

  1. Enter Loan Amount: The total amount you are borrowing.
  2. Enter Annual Interest Rate: The yearly interest rate for the loan.
  3. Enter Loan Term: The number of years you have to repay the loan.
  4. Generate Schedule: Click the button to see the full amortization table, along with summary figures and a chart.