Loan amortization calculator
Compare two fixed annual interest rates, see monthly payments, add extra repayments and download a month-by-month amortization schedule. Fees and insurance are not included.
Try the tool
Free professional tools that run in your browser; no signup or server uploads.
Understand borrowing costs
A fixed-rate monthly payment is calculated from principal, rate and term. The optional extra payment reduces the outstanding principal each month; an alternative rate illustrates a comparison, holding other assumptions constant.