Amortization Schedule Calculator

How to make an amortization schedule

1. Enter the loan amount, interest rate and term.
2. Add an extra monthly payment if you plan to pay more.
3. The table lists every payment with the principal, interest and remaining balance.

Frequently asked questions

Why is most of the early payment interest?

Interest is charged on the balance, which is largest at the start. As the balance falls, more of each payment goes to principal.

Which currency does it use?

Any. Amounts are plain numbers, so enter them in your own currency and read the results in the same one.