Loan Amortization Calculator

Monthly payment, total interest, and a full amortization schedule for any loan.

Loan amount ($):

Annual interest rate (%):

Term (years):

How to use

Enter the loan amount, annual rate, and term, then click Calculate.

What is an amortization schedule?

A table showing each payment split into principal and interest over the life of the loan.

Can I use it for a mortgage?

Yes — it works for any fixed-rate loan. For a mortgage with taxes and insurance, try the mortgage payment calculator too.

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