Amortization Calculator (Loan Schedule)
Amortization calculator: monthly payment and a full amortization schedule by year or month, showing how much of each payment goes to interest and principal.
M = P · r1 − (1 + r)−n
How to use this calculator
- Type your input in the box.
- The result updates as you type.
- Use “Copy result” or “Copy link” to share it.
With a fixed-rate loan the payment stays the same, but early payments are mostly interest; the principal share grows every month.
Switch the schedule to monthly to see the first two years in detail.
Estimates for planning only; not financial advice. Your lender’s or provider’s figures may differ.
Frequently asked questions
Payment on $250,000 at 6.5 % for 25 years?
About $1,688.02 a month; total interest is about $256,405.
Related calculators
- Rental Yield Calculator
- Auto Loan Calculator (Car Payment)
- Credit Card Payoff Calculator
- How Much House Can I Afford Calculator
- Mortgage Payoff Calculator (Extra Payments)
- Refinance Calculator (Break-Even)
- CD Calculator (Certificate of Deposit)
- 401(k) Calculator (with Employer Match)
Last updated: · Report an error