Amortization Calculator

Amortization Calculator

Calculate loan amortization schedules with detailed payment breakdowns

📊 Loan Amortization Calculator

Calculate detailed payment schedules and loan breakdowns

💰 Loan Summary

Key loan metrics and payment information

Enter loan details to see amortization summary

📈 Payment Breakdown Over Time

Principal vs Interest payments by year

🌐 3D Amortization Visualization

Interactive 3D view of loan balance reduction

Use mouse to rotate and zoom

📅 Amortization Schedule

Year Beginning Balance Total Payments Principal Paid Interest Paid Ending Balance
Payment # Date Payment Principal Interest Balance

Amortization Guide

Understanding loan amortization and payment schedules

Loan amortization is the process of paying off a debt over time through regular payments. Each payment consists of both principal (reducing the loan balance) and interest (the cost of borrowing). Early payments contain more interest, while later payments contain more principal as the balance decreases.

Payment Allocation

Early payments are mostly interest, later payments are mostly principal

Extra Payments

Additional principal payments reduce total interest and loan term

Payment Frequency

More frequent payments can save significant interest over time

Total Cost

Understanding total interest helps evaluate loan options

Our calculator shows how each payment affects your loan balance and helps you understand the financial impact of different payment strategies. Use the amortization schedule to plan extra payments and see how they accelerate payoff.

Our Website