Amortization Calculator

Enter your details below and get instant results

Enter the loan amount to calculate
Enter the annual interest rate (%) to calculate
Enter the loan term (years) to calculate

Amortization Calculator

Our Amortization Calculator creates a detailed loan amortization schedule showing each payment's breakdown into principal and interest. See how much you actually pay in interest over the loan term and plan your finances better.

How to Use

  • Enter the total loan amount
  • Enter the annual interest rate
  • Enter the loan term in years
  • Click Calculate to see the full amortization table
Finance 4 views Updated: Jul 2026

Formula

Monthly Payment = P × r(1+r)^n / ((1+r)^n - 1)

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