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Amortization Calculator
Amortization Calculator
Full month-by-month schedule. Principal vs interest, running balance, extra payment impact.
Loan amount ($)
Rate (%/yr)
Term (years)
15
20
30
Extra monthly ($)
Start month
Jan
Jul
Start year
Generate Schedule →
Monthly payment
—
Total interest
—
Total paid
—
Payoff date
—
Interest saved
—
Time saved
—
Full Schedule
Monthly
Annual
Period
Payment
Principal
Interest
Balance
Cum. Int
FAQ
What is an amortization schedule?
A complete table showing every payment split into principal and interest, with running balance.
How much interest does the first payment include?
On a $360,000 loan at 6.8%, about 87% of the first payment is interest.