Amortization Calculators
Are you the kind of person who likes a long-term view of your financials? These calculators can help you plan for the future.
Amortization Calculator
See how fast your principal may decrease over the life of your loan.
A Monthly Schedule will provide the amount of interest paid, principal paid and current balance after each monthly payment for the life of the loan (e.g. 360 months on a 30 year loan).
An Annual Schedule will provide the total amount of interest paid and principal paid for that year as well as the principal balance at the end of that year.
Prepayment Analysis Calculator
Principal reduction can be a powerful financial strategy. Use this calculator to see how many months' payments you can eliminate by prepaying on your principal at a set monthly rate.
A Monthly Schedule will provide the amount of interest paid, principal paid and current balance after each monthly payment for the life of the loan (e.g. 360 months on a 30 year loan).
An Annual Schedule will provide the total amount of interest paid and principal paid for that year as well as the principal balance at the end of that year.
