Loan Amortization Calculator

Loan Amortization is the gradual reduction of your Loan over a given period. Our Loan amortization calculator will amortize (show the reduction) of your Loan (such as home Loan) and display your payment breakdown of interest paid, principal paid and loan balance over the life of the loan.

It comes as a surprise to some that most of your initial payments on a loan are used to pay interest. For example, in a 30-year Loan over 83% of your payments are used to pay down interest in the first year, while only 3% of your payments are used to pay down interest in the final year.

Loan Amortization Calculator


Your Amortization Summary

Base Calculations

E.M.I. Number of Payments Total Payments Original Loan Amount

Additional amortization information

Amortization Chart

This chart illustrates how balances decrease over time for a fixed rate mortgage.

Principal Inactive Chart

This chart shows how payments are split between principal and interest payments over time.

Your full amortization schedule

Month/Year Payment Amount Interest Paid Principal Paid

Mortgage Balance

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