This amortization calculator returns monthly payment amounts as well as displays a schedule, graph, and pie chart breakdown of an amortized loan.

Jun 8, 2025 · Amortization refers to the reduction of a debt over time by paying the same amount each period, usually monthly. With amortization, the payment amount consists of both principal …

Mar 6, 2025 · An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal …

If you're not sure of when the loan will close, select today, and then you can always use this calculator again to see your amortization schedule with the updated dates when you know them!

The chart will automatically display the amount of principal and interest you’ve paid in total, as well as your remaining loan balance, at the selected point in your amortization schedule.

This calculator will compute a loan's payment amount at various payment intervals -- based on the principal amount borrowed, the length of the loan and the annual interest rate.

Sep 25, 2024 · This comprehensive guide will show you how to calculate amortization and leverage amortization tables to better understand loan payments and interest schedules.

Oct 23, 2025 · To calculate amortization, first multiply your principal balance by your interest rate. Next, divide that by 12 months to know your interest fee for your current month. Shorter …

Dec 18, 2024 · Learn how to calculate amortization for loans and intangible assets with this comprehensive guide, including examples and steps for tracking progress.

How do I build a loan amortization schedule? You can create a loan amortization schedule using online calculators, financial software, or by performing the calculations manually.