Free loan amortization calculator

The following are some of the best and most popular amortization schedule software applications, and websites that offer web-based amortization schedule tools on the Internet.Bankrate.com ( has an amortization schedule calculator that calculates your monthly mortgage payment and shows you the impact of extra mortgage payments on your loan and creates an amortization table. You have to enter the mortgage amount, mortgage term, interest rate, mortgage start date and monthly payments in the input boxes before your amortization schedule can be generated. Loanamortizer.com is a loan amortization and loan management software website. It offers a downloadable evaluation product called LoanAmortizer ( The application utilizes features such as drop-down menus to enter details such as amortization method, contract date and interest rate types to calculate amortization schedules. Math.about.com has an Amortization calculator ( for computing your mortgage when you enter anticipated amount of house, amount of down payment, anticipated interest rate, anticipated length of loan, in years, and start date of loan – a very friendly interface which is quite easy to use.Pine-grove.com has a calculator called "Flexible Amortization Schedule". "Flexible" because any attribute can be adjusted according to one's wish. For example, rates can be adjusted to create ARMs, change payment amounts or skip payments; and the amortization can be copied and printed. Evaluation copies of their Amortization Schedule products - AmortizeIT ( and SolveIT ( - can be downloaded for free. HSH Associates ( a consumer loan information website, features an amortization calculator to generate an amortization schedule (by month or by year) as well the monthly payment for a mortgage paid either monthly or bi-weekly. It is also capable of demonstrating the effects of prepaying your mortgage on an irregular or regular basis. There is also a JavaScript version available.

Understanding the Amorization CalculatorWhen it comes to managing your finances and getting a grip on your loan payments, an amortization calculator is your best friend. Whether it’s spelled as ‘ammortization calculator’, ‘amoritization calculator’, or ‘amorization calculator’, this tool helps you see how each payment affects both the principal and the interest over time.What is an Amortization Calculator?An amortization calculator, commonly referred to as an amortization calc, is a financial tool designed to calculate the regular loan repayments required to pay off a mortgage or other types of loans over a set period. By using this tool, you get a detailed amortization schedule that breaks down each monthly payment into principal and interest components.How Does an Amortization Calculator Work?This calculator works by asking for some basic input variables like the loan amount, interest rate, and loan term. Once you input these, the calculator applies the amortization formula to generate a payment schedule, showing how much of each payment goes towards the principal and how much goes towards interest. This schedule helps borrowers visualize the declining principal over time, which in turn provides a clear picture of the loan’s true cost.Top 5 Brands Offering the Best Amortization CalculatorsMortgageCalculator.orgMortgageCalculator.org stands out for its user-friendly and accurate amortization calculator. Users can input various loan parameters and view both monthly and annual amortization schedules. The interface is intuitive, making it an excellent choice for all borrowers, whether you’re a novice or an expert.Bankrate Amortization Schedule CalculatorBankrate’s calculator not only provides detailed amortization schedules but also

Fast, simple and free loan calculator with instant results.Loan Calculator: Plus is your lightweight solution for mortgage, auto, and personal loan calculations.Calculate any loan in seconds! Just enter the amount, interest rate, and term. Choose how interest compounds (annually, monthly, daily) and get results instantly. View detailed amortization schedules showing every payment, including principal and interest breakdown.Why smart borrowers choose Loan Calculator: Plus:• FREE with no hidden costs or in-app purchases• Calculate mortgage loans, car loans, personal loans, and business loans• Detailed payment schedules with principal and interest breakdowns• Easily share loan details• See total interest costs and payment obligations• User-friendly interface designed for quick calculations• Super lightweight!PERFECT FOR MORTGAGE CALCULATIONSPlanning to buy a home? Loan Calculator: Plus helps you understand exactly what your monthly payments will be. Compare 15-year vs. 30-year mortgages, or see how different interest rates affect your payment. Calculate how much house you can afford based on your budget and understand the impact of down payments on your monthly obligations. Our calculator gives you the confidence to speak with lenders knowing exactly what to expect.IDEAL FOR AUTO LOANSShopping for a vehicle? Use Loan Calculator: Plus to compare financing offers against banks. See how different loan terms change your payment. Calculate the true cost of that vehicle over the loan period, including total interest paid. Make smarter decisions at the dealership by knowing your numbers beforehand.PERSONAL LOAN PLANNING MADE SIMPLENeed to consolidate debt or finance a major purchase? Our calculator helps you determine affordable monthly payments based on different loan amounts and terms. Understand exactly how much interest you'll pay over the life of any personal loan.BUSINESS FINANCING TOOLBusiness owners use Loan Calculator: Plus to evaluate financing options for business needs. Perfect for small business owners who need quick answers without complicated financial software.DETAILED AMORTIZATION SCHEDULESLoan Calculator: Plus provides a quick amortization schedule showing every payment of your loan. See exactly how much goes toward principal and interest. Watch how your balance decreases over time and understand how extra payments can reduce your total interest costs and loan duration.EASY SHARING CAPABILITIESShare your loan calculations instantly with friends,

Loan Calculator FREE is a comprehensive financial tool designed to empower users with the ability to make informed decisions about loans. Whether you're planning a mortgage, car loan, or any other type of installment loan, this app provides a user-friendly interface to calculate payments, generate amortization schedules, and visualize your financial progress with interactive charts and tables.Key Features:1. Loan Calculation: - Intuitive loan calculator with adjustable parameters such as loan amount, interest rate, and loan term. - Instantly calculate monthly payments, total interest, and total repayment amount.2. Amortization Schedule: - Generate a detailed amortization schedule showcasing monthly payments, principal and interest breakdown, remaining balance, and cumulative interest. 3. Interactive Charts: - Visualize your loan repayment journey with dynamic charts. - Explore pie charts to understand the percentage of principal and interest in each payment. 4. Reverse Mortgage: - Now with reverse mortgage! Enter the monthly to calculate the amount of the loan, perfect for sales when customer tells you the monthly they can afford. 5. Variety of Language : International clients? No Problem! use the app in English, Spanish, Portuguese, Italian and French! And you can change from decimal point to decimal comma without changing your settings on your phone!6. Currency and Locale Support: - Support for multiple currencies and locale-specific formatting for a global user base.7. User-Friendly Interface: - Simple and intuitive design for users of all levels of financial expertise. - Clear and concise explanations to help users understand the financial implications of their loan choices.8. Offline Functionality: - Access your loan calculations and amortization schedules even without an internet connection.Loan Calculator is the go-to app for anyone looking to plan their financial future with confidence. Whether you're a first-time homebuyer, an auto loan shopper, or someone managing multiple loans, this app provides the tools you need to make informed decisions and stay in control of your financial journey. Download Loan Calculator today and take the first step towards financial empowerment.

What Is An Amortization Schedule? An amortization schedule is a table that shows homeowners how much money they will pay in principal (starting amount of the loan) and in interest over time. It shows the regular payment on your mortgage over the years and each payment is applied to the principal balance and interest. An amortization schedule calculator can help you: Determine how much is paid toward your principal balance or interest during any given payment. Calculate how much of your total principal balance and interest have been paid by a particular date. Show how much of your principal balance you owe on a given date. Determine how much time you can cut off your mortgage by making extra payments. How Do You Calculate Amortization? Homeowners can calculate the amortization of their mortgage by plugging their information into an amortization calculator, which uses a formula to calculate your monthly mortgage payments By using an amortization calculator, you can: Calculate principal and interest paid in any particular payment. Calculate the total principal and interest paid on a particular date. Calculate how much principal is owed now or in the future. How Do I Create A Loan Amortization Schedule? Your loan amortization schedule tells you how much you need to make in monthly payments to pay off your mortgage within the term length of the loan. The key number when creating your loan amortization schedule is your monthly payment. Your monthly payment is calculated by taking your current loan amount, mortgage term