Amortization Schedule

See every monthly payment split into interest and principal, with a year by year summary.

Build an amortization schedule

Loan amount

Annual interest rate (percent)

Term in years

Monthly payment: —

Total interest: —

Total repaid: —

The monthly table lists every instalment and the yearly table groups them, showing up to fifty years of payments.

Enter the loan amount, the annual interest rate and the term in years.
Scroll the monthly table to see how each payment splits into interest and principal.
Check the yearly table for the balance remaining at the end of each year.

Common questions about the free online amortization schedule.

It is a table listing every payment on a loan, showing how much of each one covers interest and how much reduces the balance.

Interest is charged on the balance, so while the balance is large the interest share is high and the principal share is small.

It is the amount still owed after that payment, which falls slowly at first and then more quickly towards the end of the term.

The tool adds up twelve monthly payments at a time and reports the interest, principal and balance at the end of each year.

Yes. Enter those figures with a 25 year term and the schedule opens with a monthly payment of about 1228.17.

The last instalment is adjusted so the balance lands exactly on zero, which is usually a few pence or cents different.

No. It models equal monthly payments at a fixed rate, so extra lump sums, fees and rate changes are not included.

The table covers up to fifty years, which is six hundred monthly payments, and long terms take a moment to draw.

No. The whole schedule is calculated in your browser and nothing you type leaves your device.

Yes. It is completely free, needs no account and has no limits on how many schedules you build.

Last updated: October 10, 2026