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Amortization Calculator

Generate detailed loan repayment schedule

amortizationrepayment scheduleloan details

📖 How to Use

Enter the loan amount
Enter the annual interest rate
Enter the loan term in years
Click Generate Schedule

📐 Formula

Monthly payment = P×r×(1+r)^n / ((1+r)^n − 1)
Monthly interest = remaining balance × monthly rate
Monthly principal = payment − interest

❓ FAQ

Are early payments mostly interest?▾

Yes — with equal-payment loans, early payments are interest-heavy. The principal share increases over time.

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About Amortization Calculator

This tool is completely free, no registration required. Works directly in your browser. Supports both PC and mobile devices.

Amortization Calculator is a free online tool that works on both PC and mobile. No registration or download required — just open in your browser. Results are accurate and reliable for everyday use and professional reference.