Loan Analysis
Amortization Calculator
Full loan amortization schedule with monthly breakdown of principal, interest, and balance.
Loan Amount
$
Interest Rate
%
Loan Tenure
Start Month
View amortization from this month onward
Interest
0%
Monthly Payment
$0
fixed monthly payment
Total Principal
$0
Total Interest
$0
Total Payment
$0
| # | Payment | Principal | Interest | Balance |
|---|
How the formula works
Payment = P × r × (1 + r)n / [(1 + r)n − 1]
- P = Principal (loan amount)
- r = Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n = Tenure in months (total number of payments)
- Each payment splits into principal and interest
- Interest portion decreases over time; principal portion increases