💰 Finance
Amortization Calculator
An amortizing loan splits every payment between interest and principal. Early payments are mostly interest; later ones are mostly principal. This calculator gives you the fixed monthly payment and the totals over the whole term.
How it works
Loan amount
Annual interest rate
Loan term
Monthly payment
Total paid
Total interest
Number of payments
Frequently asked questions
How do I use the Amortization Calculator?
Fill in the fields above — the result recalculates instantly as you type. Everything runs in your browser, so the values you enter are never collected or stored.
Is this calculator free?
Yes. It is completely free, requires no account, and works on phones, tablets and desktops.