Amortization Schedule Calculator
See exactly how a loan gets paid off — how much of each payment goes to principal vs interest, and your balance over time. Switch between a monthly and a yearly view, with totals. Runs in your browser.
FAQ
What is an amortization schedule?
A table showing every payment over a loan's life, split into interest and principal, plus the remaining balance after each payment. Early payments are mostly interest; later ones mostly principal.
Why is most of my early payment going to interest?
Interest is charged on the outstanding balance, which is highest at the start. As the balance falls, the interest portion shrinks and more of each fixed payment goes to principal — so payoff accelerates near the end.
How much total interest will I pay?
The schedule totals it. On long loans, total interest can rival or exceed the amount borrowed — which is why a shorter term or extra principal payments save so much.
Does this include taxes and insurance?
No — principal and interest only. Mortgages often add tax, insurance and fees, so your real bill may be higher.
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