Amortization Table

What is Amortization Table?

The Amortization Table calculates your complete loan repayment schedule showing each payment's breakdown into principal and interest. See exactly how much you pay over the life of any loan and how extra payments reduce total interest.

How to use

1. Enter your loan amount, annual interest rate, and loan term in years or months.
2. Optionally add a monthly extra payment amount to see how it shortens the loan and saves interest.
3. View the full payment schedule with running balances, or download the table for your records.

Result

A $250,000 mortgage at 6.5% for 30 years has a monthly payment of $1,580.17 and total interest of $318,861.22. Adding $200/month extra saves $72,348 in interest and pays off 6 years early.

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