Loan Calculator

See your monthly payment plus a full year-by-year breakdown of principal paid, interest paid, and remaining balance.

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What an amortization schedule shows

Early in a loan, most of each payment goes toward interest; later payments shift toward principal. This year-by-year table shows that split so you can see how a loan is actually paid down over time, and how extra payments early on could reduce total interest.

Frequently asked questions

How is this different from the EMI calculator? The EMI calculator gives a quick monthly payment figure. This tool adds the full amortization breakdown for anyone comparing loans in more depth, such as for a mortgage.