Amortization Schedule Calculator

Amortization Schedule Calculator

Loan Amount:
Annual Interest Rate:
Length of Loan (in years):
Down Payment (%):
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Amortization Schedule Formula:

Principal = Payment * ( ( 1 - ( ( 1 / ( 1 + Periodic Interest Rate ) ) ^ Number of Payments ) ) / Periodic Interest Rate )

Amortization Schedule Definition

Using this free online Amortization Schedule Calculator is very easy. While it may seem daunting when someone asks you, “Hey, do you know how to calculate a loan amortization schedule?” (This is a great pick up line by the way) you can now respond with confidence because of the free Amortization Schedule Calculator on this page. Enter in the loan amount, annual interest rate, length of the loan, and the loan down payment to start right now!

How to Calculate Amortization Schedule

Let's be honest - sometimes the best amortization schedule calculator is the one that is easy to use and doesn't require us to even know what the amortization schedule formula is in the first place! But if you want to know the exact formula for calculating amortization schedule then please check out the "Formula" box above.

Add a Free Amortization Schedule Calculator Widget to Your Site!

You can get a free online amortization schedule calculator for your website and you don't even have to download the amortization schedule calculator - you can just copy and paste! The amortization schedule calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. Click the "Customize" button above to learn more!