Amortization Calculator
Generate a full amortization schedule showing the principal, interest and balance for every year of your loan.
About this calculator
Amortization is the process of paying off a loan through scheduled instalments. Early payments are mostly interest; later ones mostly principal.
The schedule below makes it clear how your outstanding balance falls over time.
Frequently asked questions
What is an amortization schedule?
A table showing how each instalment is split between interest and principal, and the remaining balance after each year.
Why is early interest so high?
Interest is charged on the outstanding balance, which is highest at the start of the loan.
Related calculators
EMI Loan Calculator
Monthly EMI, total interest and a full amortization schedule for any loan.
Home Loan EMI Calculator
Plan your home loan EMI, total interest and repayment schedule.
Car / Auto Loan EMI Calculator
Calculate EMI for a new or used car loan.
Personal Loan EMI Calculator
EMI and interest for an unsecured personal loan.