Amortization Calculator

The amortization calculator estimates how much money will be paid over the life of the loan for principal and interest. The calculator breaks down payments into interest and principal. The amortization calculator also provides a detailed amortization schedule that breaks down payments into interest and principal in the advanced report.

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Amortization Calculator Help

The amortization calculator estimates how much money will be paid over the life of the loan for principal and interest. The calculator breaks down payments into interest and principal. The amortization calculator also provides a detailed amortization schedule that breaks down payments into interest and principal in the advanced report.

Loan Amount

The amortization calculator estimates how much money will be paid over the life of the loan for principal and interest. The calculator breaks down payments into interest and principal. The amortization calculator also provides a detailed amortization schedule that breaks down payments into interest and principal in the advanced report.

Loan Term

This is the length of time you choose to pay off your loan (e.g., 30 years, 20 years, 15 years, etc.)

Interest Rate

This is the interest rate for the loan you will receive. It is pre-filled with the current 30-yr fixed average rate on Properbuz.

Advanced Report

Click on the Advanced Report link to see a printable report that includes mortgage principal and interest payment breakdowns, total principal and interest payments, and a full mortgage principal and interest amortization calculation (table and chart). Amortization table includes ability to view amortization by year or by month.