Loan Amortization Schedule Calculator
Calculate your loan payments, interest costs, and generate a detailed amortization schedule with optional extra payments.
Loan Details
Common values: 12 (monthly), 24 (semi-monthly), 26 (bi-weekly), 52 (weekly)
Extra payment will be applied to each payment to reduce principal faster
Loan Summary
Loan Amount
$250,000.00
Interest Rate
5.50%
Scheduled Payment
$1,419.47
Total Payments
511,009.20
Total Interest
$261,009.20
Loan Term
30 years
Scheduled # of Payments
360
Actual # of Payments
360
Pay-Off Date
Jun 01, 2053
Calculation Notes
- All calculations assume a fixed interest rate for the entire loan term.
- Extra payments are applied directly to the principal balance, reducing the total interest paid.
- The amortization schedule shows the breakdown of each payment between principal and interest.
- Results are estimates and may differ from actual loan terms provided by lenders.
Amortization Schedule
Scroll horizontally to view the complete table. Hover over rows for highlighting.
| Payment # | Payment Date | Beginning Balance | Scheduled Payment | Extra Payment | Total Payment | Principal | Interest | Ending Balance | Cumulative Interest |
|---|