Every loan payment splits between principal and interest, and that split shifts every month — early payments go mostly toward interest, gradually shifting toward principal as the balance shrinks. Enter your loan amount, rate, and term, and this loan amortization schedule calculator generates the full month-by-month breakdown, showing your remaining balance after every payment.
Loan Amortization Schedule Calculator
View your full month-by-month payment schedule, interest costs, and balance trajectory.
Loan Balance Trajectory Over Time
Full Month-by-Month Amortization Schedule
| # | Date | Payment | Principal | Interest | Remaining Balance |
|---|
Seeing the full schedule makes it clear why extra payments made early in a loan save far more interest than the same payment made later, since more of your balance is still accruing interest in those early years. This applies to mortgages, auto loans, and personal loans alike, since they all follow the same underlying amortization structure.
If you’re considering extra payments based on what you see in your schedule, our loan extra payment calculator shows exactly how much time and interest you’d save. And for the mortgage-specific version of this tool, our home loan calculator is also available.