Amortization Calculator

Welcome to the Amortization Calculator! This tool helps you understand how your loan will be paid off over time with scheduled payments. Amortization is important for tracking the principal and interest portions of loan payments.

Simply input the loan amount, annual interest rate, loan term (in years), and click the "Calculate" button. The calculator will provide an amortization schedule detailing each payment's breakdown. It's a useful way to visualize your loan repayment journey.

Explore the calculator below and generate an amortization schedule:

Loan Amount ($):
Annual Interest Rate (%):
Loan Term (years):

Payment Number	Payment Amount	Principal Portion	Interest Portion	Remaining Balance