years
months
%
Amortization Calculator – Calculate Loan Payments Online
The Amortization Calculator is a free online tool that estimates your monthly loan payments, total payments, and total interest. Input your loan amount, loan term in years and months, and interest rate, and optionally include extra payments to see detailed amortization results. Perfect for borrowers and financial planners, this tool requires no software installation. Calculate your amortization with our Amortization Calculator today!
How to Use the Amortization Calculator
- Enter Loan Details: Input your loan amount, loan term (in years and months), and interest rate (as shown in the tool interface screenshot). Check “Optional: make extra payments” if applicable.
- Calculate Results: Click the green “Calculate” button to generate your estimated monthly pay, total of monthly payments, and total interest.
- Review Results: View the detailed breakdown including monthly pay, total of monthly payments, and total interest.
- Reset if Needed: Click the red “Clear” button to start over with new values.
Why Use Our Amortization Calculator?
- Free and Detailed: Get precise loan payment estimates at no cost.
- Flexible Options: Include extra payments to see how they affect your schedule.
- Ad-Supported: Access the tool for free with minimal ads for a smooth experience. No login required.
Explore More Tools
Enhance your financial planning with our other free tools, such as the Mortgage Calculator, CGPA Calculator, and YouTube Earnings Calculator. Find them in the “Related Tools” section below to streamline your projects.
Related Tools Links (Implement Here):