Amortization Calculator
See how a loan payment splits between principal and interest.
Result
Results are estimates for general information only and are not professional advice.
How amortization works
With an amortizing loan every payment is the same, but early payments are mostly interest while later ones are mostly principal. This calculator shows your monthly payment and how the first payment splits between the two.
Frequently Asked Questions
What is the Amortization Calculator?
See how a loan payment splits between principal and interest. It runs instantly in your browser and is completely free.
Is the Amortization Calculator free and does it require signup?
Yes. Every calculator on Calculatis is 100% free with no registration, and the values you enter are never stored.
How accurate is the Amortization Calculator?
It uses standard, widely-accepted formulas. Results are reliable estimates for general use and are not a substitute for professional advice.