Free tool
Loan Amortization Calculator
Enter your loan amount, interest rate, and term to see your monthly payment and how much of the total cost is interest versus principal.
Your numbers
Updates instantly as you type. Nothing leaves your browser.
Monthly payment
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Results
Your personalized analysis
Monthly payment
...
Total interest paid
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Total cost
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Interest-to-principal ratio
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Key insights
Derived from your inputs, updates as you edit.
Visual breakdown
Allocation and comparisons at a glance.
Next steps
- Enter your numbers to see personalized advice.
A loan amortization calculator shows how each payment divides into principal and interest over the life of a loan. Enter amount, rate, and term to see total interest and payoff structure.
Use this free amortization tool before signing an auto loan, personal loan, or mortgage scenario so you understand the true cost of a longer term versus a higher payment.
Compare results with the debt payoff planner if you plan extra principal payments. Keep the payment as a fixed expense in your monthly budget planner.
Frequently asked questions
Is the Loan Amortization Calculator free to use?
Yes. This calculator is free, runs in your browser, and does not require an account or store your inputs.
Who should use the Loan Amortization Calculator?
Anyone who wants a quick, private way to model loan amortization calculator scenarios before making money decisions.
Where can I learn how to use this tool?
Each tool has a step-by-step guide on Budget Planner HQ covering inputs, results, and recommended next actions.
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