Generate a full month-by-month amortization table for any loan, showing how each payment splits between interest and principal.
Informational only — not financial advice. This calculator provides general estimates for educational purposes and does not account for every factor in your situation. It is not financial, investment, tax, or legal advice. Figures are estimates and may not reflect current rates. Consult a qualified professional before making financial decisions.
An amortization schedule shows exactly how every payment on a fixed-rate loan is divided between interest and principal, month by month, until the balance reaches zero. Early on, most of each payment is interest; over time the balance shrinks and more of each payment attacks the principal.
This tool builds the full schedule for any loan — mortgage, auto, personal — using the standard amortization math. To keep the page fast it shows a yearly summary plus the first year in monthly detail, which is enough to see the interest-to-principal crossover.
Because interest is charged on the outstanding balance, a brand-new loan carries the most interest per payment. That's why paying a little extra early saves far more than the same amount paid later — try our extra-payment calculator to see the effect on payoff date and total interest.