Calculated result
Enter values and select Calculate.
Payment and schedule method
For monthly rate r and n payments: payment = P × r ÷ (1 − (1 + r)−n). At 0%, payment = P ÷ n.
Each monthly row calculates interest from the unrounded balance, applies the remainder to principal, and adjusts the final payment so the ending balance does not become a negative rounding artifact.
Dedicated amortization scope
This page provides monthly and yearly principal-interest schedules. Use the Mortgage Calculator for property tax, insurance, PMI, HOA, and home-purchase estimates; use Auto Loan for vehicle tax and trade-in financing.
Example and limitations
A $100,000 fixed-rate loan at 6% for 30 years has 360 scheduled payments. The detailed table shows how early payments contain more interest while later payments contain more principal.
This educational schedule assumes one fixed rate and monthly payment timing. Actual lenders may use different day-count, rounding, fee, or payment-allocation rules.