This Mortgage Amortization Calculator – also known as an amortization schedule calculator – lets you estimate your monthly loan repayments. It also determines out how much of your repayments will go towards the principal and how much will go towards interest. Simply input your loan amount, interest rate, loan term and repayment start date then click “Calculate”.
Mortgage Amortization Calculator
How to Use This Calculator
Enter the Loan Amount, Interest Rate, Term (in years), Additional Monthly Payment (optional) and click “Calculate”.
Check the “Amortization Schedule” box and Calculate to see the full schedule. Un-check the “Amortization Schedule” box and Calculate to remove it.
You can change the values and recalculate again and again. See how many different ways you can impact and reduce your payment and the term of the loan.