Amortization Calculator

Almost any data field on this form may be calculated. Enter the appropriate numbers in each slot, leaving blank (or zero) the value that you wish to determine, and then click "Calculate" to update the page.

Error: I'm sorry! I don't know what to calculate. Please leave blank (or zero) the field that you wish to calculate.

Error: Too many unknown fields!

Error: The payment amount is not sufficient to pay off the loan in the time frame specified, even if the interest rate is 0%. You'll need to increase the payment amount before I can calculate the interest rate.

Summary
Principal Borrowed {{ principal }}
Regular Payment Amount {{ pmt }}
Final Balloon Payment {{ balloon }}
Interest-only Payment {{ interestOnlyPmt }}
Total Repaid {{ totalRepaid }}
Total Interest Paid {{ totalIntPaid }}
Annual Payments {{ ppy }}
Total Payments {{ no_of_payments }} ({{ no_of_payments / ppy }} years)
Annual Interest Rate {{ rate }}%
Periodic Interest Rate {{ periodicRate }}%
Total Interest Paid as a percentage of Principal {{ totalIntasPercent }} %
Amortization Schedule
Pmt Principal Interest Cum Principal Cum Interest Prin Bal
{{ s.month }} {{ s.principal_bal | currency }} {{ s.interest | currency }} {{ s.cumprincipal | currency }} {{ s.cumint | currency }} {{ s.balance | currency }}