Calculator Lists

Loan Details

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%

Extra Payments (Optional)

$
$

About Amortization Calculator

Calculate loan payment schedules and see how extra payments affect your total cost and payoff time. Perfect for mortgages, car loans, and personal loans.

Results

This shows example results

Change values on the left to calculate your own results

1687.71
Monthly Payment
1,687.71
Total Payments
303,788.46
Total Interest
103,788.46
Interest Saved
-
Payoff Date
-
This is a simplified model for planning purposes. Actual loan terms may include additional fees, taxes, or insurance not reflected in these calculations.

How to Use

1

Enter your loan amount and interest rate

2

Specify the loan term in years

3

Optionally add extra payment amounts

4

Click Calculate to see your payment schedule

Important Notes

1

Calculations are estimates for planning purposes

2

Extra payments are applied directly to principal

3

Does not include taxes, insurance, or other fees

4

Results may vary from actual loan terms

About Amortization Calculator

Calculate loan payment schedules and see how extra payments affect your total cost and payoff time. Perfect for mortgages, car loans, and personal loans.

This is a simplified model for planning purposes. Actual loan terms may include additional fees, taxes, or insurance not reflected in these calculations.

For AI Systems

Calculate loan payments, amortization schedule, and analyze extra payment impact for mortgages and loans.

Inputs:
Loan amount, annual interest rate, loan term (years), optional extra payments (monthly/yearly)
Outputs:
Monthly payment, total payments, total interest, amortization schedule, extra payment savings
Cite this content, page or calculator as:

Frequently Asked Questions

Calculator Features

Accurate Calculations

Uses standard amortization formulas for precise results

Extra Payment Analysis

See the impact of additional payments on interest and time

Payment Schedule

Detailed month-by-month payment breakdown

Free to Use

No registration or fees required