Assumptions

Amortization schedule

Full principal-and-interest schedule, plus extra monthly or annual payments and the interest they save.

Every number below is an assumption you can edit. The estimate on the right updates as you type — there is no submit button.

Loan principalRequiredAnnual interest rateRequired%Nominal annual rate. Default example: 6.50%.Term (months)Required360 = 30 years. Whole months only.Extra payment every monthOptionalAdded to principal each month. Blank is $0.00.Extra payment once per yearOptionalApplied on months 12, 24, … Blank is $0.00.

Live estimate

Results from your assumptions

Calculating from the values on this page…

Estimate only — informational output from the values entered here. Not a quote, guarantee, offer, or advice. No database record is created.