Amortization Calculator
Loan amortization schedule
Use this when you need a fast, accurate result — no sign-up, works entirely in your browser.
Monthly payment—
Total paid—
How to Use
- Enter your details into the fields above.
- Click the calculate button to get your result instantly.
- Use the clear button to start a new calculation.
Example
- $200,000 at 6.5% for 30 years → ≈ $1,264.14/month; total ≈ $455,088.98
- $200,000 mortgage, 5.5%, 30 years → Monthly ≈ $1,135.58; total paid ≈ $408,808.08
Formula
Same repayment formula as a loan: monthly = P × r × (1+r)n ÷ ((1+r)n − 1). Early payments are mostly interest and only slowly shift toward principal — on a 30-year term the total paid can exceed twice the amount borrowed.
About Amortization Calculator
Loan amortization schedule. This free online tool gives you fast, accurate results without registration or downloads.
Everything runs locally in your browser, so your data is never uploaded or stored — privacy first.
Frequently Asked Questions
Is the Amortization Calculator free to use? +
Yes, the Amortization Calculator is completely free with no registration, login, or download required.
Is my financial data private? +
Yes. All calculations happen locally in your browser. Your numbers are never uploaded or stored on our servers.
Can I use the Amortization Calculator on mobile? +
Yes, it works on any device — phone, tablet, or desktop — with instant results.