Mortgage Amortization Calculator | Free Financial Tool

Mortgage Amortization Calculator

Plan your mortgage payments and visualize your loan payoff strategy

Loan Amount

Annual Interest Rate (%)

Loan Term (years)

Start Date

Extra Monthly Payment (optional)

Loan Summary

Monthly Payment: -

Total Payment: -

Total Interest: -

Payoff Date: -

Interest Savings (with extra payments): -

Amortization Schedule

Payment Date	Payment	Principal	Interest	Extra Payment	Remaining Balance

Frequently Asked Questions

How to use the Mortgage Amortization Calculator?

Simply enter your loan amount, interest rate, loan term, and start date. Click calculate to see your amortization schedule and visualization.

How to save money on my mortgage with extra payments?

Even small additional payments applied directly to principal can significantly reduce your total interest paid and shorten your loan term.

How to understand the amortization chart?

The doughnut chart shows what portion of your total payment goes toward principal vs interest over the life of the loan.

How to plan for early mortgage payoff?

Use the extra payment feature to see how additional payments affect your payoff date and total interest savings.

How to compare different mortgage scenarios?

Adjust the loan amount, term, or interest rate to see how different loan structures affect your payment schedule.

Search Topic: Mortgage Calculator Related Keywords

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