Amortization Schedule Calculator

Total loan amount (principal).

Annual interest rate.

Loan term in years.

Additional months (optional).

Optional extra payment per month.

Amortization Schedule: Complete Loan Repayment Breakdown

Our Amortization Schedule Calculator generates a full month-by-month loan repayment table showing EMI, principal, interest, and remaining balance. Add extra payments, export to CSV, and visualize payoff timeline.

What is an Amortization Schedule?

An amortization schedule is a table detailing each periodic payment on a loan over time. Each payment is split into:

  • Principal: Amount reducing the loan balance
  • Interest: Cost of borrowing
  • Balance: Remaining loan amount

Early payments are mostly interest; later ones mostly principal.

How It Works

  1. Enter loan amount, rate, tenure
  2. Calculator computes fixed EMI
  3. Generates table: Month → EMI → Principal → Interest → Balance
  4. Add extra payments to see faster payoff

Extra Payments Impact

  • $100 extra/month on $200K, 30-yr, 4% → saves ~$48K interest, 8 years
  • Shortens tenure, reduces total interest
  • Applies directly to principal

Yearly Summary

Toggle to see annual totals:

  • Total paid per year
  • Interest vs principal split
  • Balance at year-end

Export & Print

Download CSV for Excel or print directly. Share with lenders or accountants.

Mortgage Example

$300,000 loan, 4.5%, 30 years:

  • EMI: $1,520
  • Total interest: $247,220
  • With $200 extra/month → payoff in ~24 years

Benefits

  • Visualize debt reduction
  • Plan prepayments
  • Compare loan offers
  • Budget accurately

Pair with Other Tools

Use with EMI Calculator or Early Payoff Savings.

Conclusion

Master your loan with our Amortization Schedule Calculator. See every payment, save with extras, plan payoff. Explore more in Finance Calculators.