Loan Amortization Calculator

Amortization is the gradual reduction of a debt over a given period. Our amortization calculator will amortize (show the reduction) your debt (such as a mortgage) and display your payment breakdown of interest paid, principal paid, and loan balance over the life of the loan.

1.	Loan Amount	-N-
2.	Interest Rate	%
3.	Number of Years

Calculate

Your Amortization Summary

Total Interest Paid	Monthly Principal & Interest	Number of Payments	Total Payments
Base Calculations	-	-	-

Original Loan Amount
Use calculator above to find loan amount needed

Additional Amortization Information

This chart illustrates how balances decrease over time for a fixed rate mortgage.

This chart shows how payments are split between principle and interest payments over time.

Your full amortization schedule

Month/Year	Payment Amount	Interest Paid	Principal Paid		Mortgage Balance
Use calculator above to see your full amortization schedule