Payment Calculator

Example

This is a sample result, not your calculation. Enter your own values to replace it.

Enter the loan amount and interest rate, then a term or a monthly payment, and press Calculate.

Monthly payment

Amortization schedule

Schedule

Annual Monthly

Amortization schedule showing each period's interest and principal and the balance remaining afterwards.
YearMonth	Interest	Principal	Extra	Ending balance

The last payment is smaller whenever the monthly amount does not divide the debt exactly. Amounts are in US dollars (USD).

Check your entries

Enter the loan amount, the interest rate, and — depending on what is fixed — a term or a monthly payment.