Calculates the amortization schedule for a loan, showing the breakdown of each payment into principal and interest.
Start with your values, or try a preset.
Enter Loan Amount, Annual Interest Rate, and Loan Term (Years) in the units shown.
Read Number of Payments, Monthly Interest Rate, Monthly Payment, Total Cost, and Total Interest Paid in the results panel. Results update as you change the inputs.
Choose a preset to load an example, then adjust the values for your situation.
See the inputs and their calculated results.
Loan Amount: 200,000 USD; Annual Interest Rate: 5 %; Loan Term (Years): 30 years
Number of Payments: 360; Monthly Interest Rate: 0.004166666667; Monthly Payment: 1,073.643246; Total Cost: 386,511.5686; Total Interest Paid: 186,511.5686
Loan Amount: 200,000 USD; Annual Interest Rate: 5 %; Loan Term (Years): 15 years
Number of Payments: 180; Monthly Interest Rate: 0.004166666667; Monthly Payment: 1,581.587253; Total Cost: 284,685.7056; Total Interest Paid: 84,685.70563
Loan Amount: 200,000 USD; Annual Interest Rate: 7 %; Loan Term (Years): 30 years
Number of Payments: 360; Monthly Interest Rate: 0.005833333333; Monthly Payment: 1,330.60499; Total Cost: 479,017.7965; Total Interest Paid: 279,017.7965
Find finance calculators for savings, interest, salary, tax, retirement, unit conversions, and everyday money planning.
Continue with another tool on a related topic.
Calculates the value of airline miles in U.S. dollars, helping travelers decide whether to use miles or pay with cash.
Convert between millions and billions easily.
This calculator compares the purchasing power parity of money between two countries. It determines the relative cost of goods and services in each country, allowing you to assess the real exchange rate and compare standards of living.
Calculates the relationship between the output gap and cyclical unemployment based on Okun's Law.
Treat this output as a planning estimate and confirm rates, tax rules, and contract terms before making financial decisions.