Loan Amortization Calculator description

The loan amortization calculator will amortize your debt and estimates how much money will be paid for principal and interest over the life of the loan and how much you can save by making additional payments.

How it works?

Set the loan amount, interest rate, terms, extra payments (optional) and payment frequency (set monthly by default) then tap on “calculate” and get the monthly payment, total interest paid and the amortization table. You can then share the loan terms via email, text message or your preferred social network with family and friends.