Amortization Schedule Calculator

An amortization schedule gives you a complete year-by-year breakdown of your loan repayment. For each year, you can see exactly how much of your total payment goes toward reducing the principal balance and how much is paid as interest to the lender.

In the early years of a mortgage, the majority of each payment covers interest. As you progress through the term, the balance shrinks and a larger portion of each payment goes toward principal. This shift is clearly visible in the stacked bar chart above the table.

The schedule is invaluable for planning extra payments or early payoff strategies. By seeing how much interest remains at any point in the loan, you can make informed decisions about whether to invest extra funds in paying down your mortgage or direct them elsewhere.

This calculator uses the standard French amortization method with equal monthly payments, which is the most common structure in Europe and worldwide for residential mortgages and personal loans.