Fixed-rate loans
Loan Calculator with Amortization Schedule
Estimate monthly payment, total interest, total repayment cost, and how each payment reduces principal over time.
Monthly paymentprincipal and interest
Total costinterest plus fees
Scheduleyearly amortization
Estimated monthly payment
$0
Total interest$0
Total cost with fees$0
Payoff time0 months
Interest saved from extra$0
Enter your loan details to estimate monthly payment and total cost.
Yearly schedule
| Year | Principal | Interest | Balance |
|---|
How this calculator works
The calculator uses a fixed-rate amortization formula for the required monthly payment, then simulates monthly principal, interest, and optional extra payments until the balance is paid off.