Amortization Schedule Calculator
Real Estate ToolsCalculate your mortgage amortization schedule with detailed breakdown of principal vs interest payments, outstanding balance, and total interest paid. Essential for long-term financial planning.
Calculate Amortization Schedule
Enter your loan details to generate the amortization schedule
Optional: Additional principal payment
Amortization Formula
Monthly Payment =
P × [r(1+r)^n] / [(1+r)^n - 1]
Where: P = Principal, r = Monthly rate, n = Total months
Key Benefits
Track principal reduction over time
Understand interest costs: See how much interest you pay
Plan prepayments: See impact of extra payments
Financial planning: Essential for long-term budgeting