Amortization Schedule: See Your Loan Payment Breakdown

See exactly where your loan payments go. Our Amortization Schedule generator shows a year-by-year breakdown of principal, interest, and remaining balance.

How to Use

1. Enter loan amount and interest rate
2. Set the loan term in years
3. View the schedule — annual principal, interest, and remaining balance
4. See totals — total interest paid over the life of the loan

Common Use Cases

• Mortgage planning: Understand your home loan structure
• Auto loans: See payoff progress year by year
• Loan comparison: Compare schedules for different terms
• Extra payments: Understand where extra payments have the most impact

Frequently Asked Questions

Why is so much interest paid early on? Interest is calculated on the remaining balance. When the balance is highest (early years), more of each payment goes to interest.

When should I make extra payments? Earlier is better. Extra payments in the first years save the most interest because they reduce the balance that compounds.

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Try our free Amortization Schedule now.