Amortization Table Calculator

Select currency, enter value and click on calculate. Result will be displayed.

Enter your values:

Currency:
Total Loan Amount:
Annual Interest Rate:
%
Repayment Period:
Years

Result:

Monthly Payment:
Total Payment:
Total Interest Payments:
Year
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What is amortization? Amortization is the process of paying off a debt with a known repayment term in regular installments over time. Mortgages, with fixed repayment terms of up to 30 years (sometimes more) are fully-amortizing loans, even if they have adjustable rates. Revolving loans (such as those for credit cards) don't have a fixed repayment term, are considered are open-ended debt and so don't actually amortize, even though they may be paid off over time.
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