📋 Amortization Calculator
Generate a complete amortization schedule with principal and interest breakdown. See how extra payments affect your loan payoff.
How to Use This Amortization CalculatorFree & Accurate
Generate a complete amortization schedule with principal and interest breakdown. See how extra payments affect your loan payoff. Perfect for mortgages, auto loans, personal loans, and any other fixed-rate loan.
Enter Loan Details
- • Principal Amount - Total loan amount
- • Interest Rate - APR
- • Loan Term - Years to repay
- • Start Date - When loan begins
Set Payment Options
- • Payment Frequency - Monthly/Bi-Weekly
- • Extra Monthly - Pay more each month
- • Extra Annual - Yearly bonus payment
- • Lump Sum - One-time payment
Review Schedule
- • Monthly Payment - Your obligation
- • Amortization Schedule - Year-by-year
- • Interest Breakdown - Cost of loan
- • Balance Over Time - Track progress
Save & Compare
- • Total Interest - Full cost
- • Payoff Date - When debt-free
- • Interest Saved - Extra payments
- • Export Schedule - Download CSV
Pro Tip: Even a $100 monthly extra payment can save you thousands in interest and shorten your loan by years. Try adding extra payments in our calculator to see the impact! For a $200,000 loan at 7%, $100 extra saves ~$28,000 in interest and pays off 2.5 years early!
Why Use Our Amortization Calculator? Our free amortization calculator helps you generate a complete loan amortization schedule with principal and interest breakdowns for any fixed-rate loan. Whether you're planning a mortgage, auto loan, or personal loan, our tool provides accurate calculations with detailed year-by-year and month-by-month schedules. Compare different loan terms, interest rates, and extra payment strategies to make informed borrowing decisions and save thousands in interest.
● Basic Inputs
When the loan starts
💡 All calculations are estimates. Rates vary by lender and location. Please verify with official sources for accurate numbers.
Enter values to see results
Results update automatically