◈ FINANCE Updated July 25, 2026

Amortization Schedule Calculator

Understand where your repayments actually go.

Loan amount
Annual rate (%)
Term (years)
Result
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How it works

The tool amortises the loan month by month, charging interest on the outstanding balance and applying the rest of the payment to principal, then reports the first-year split, the halfway point and the lifetime interest.

Related tools

◨Compound Interest Calculator◈Loan Calculator◫Profit Margin Calculator

Frequently asked questions

Why is early interest so high?

Interest is charged on the balance, which is at its largest at the start, so early payments are mostly interest.

Do extra payments help?

Enormously — anything above the scheduled payment goes straight to principal and removes all future interest on that amount.

Comments

Comments aren't enabled yet. When you're ready, this is where a service like Giscus, Disqus, or a custom form would go — the slot is already reserved on every tool page.