Description
Loan Payment & Amortization helps you quickly calculate monthly loan payments and understand how your loan changes over time. View a detailed amortization schedule, analyze interest costs, and explore how extra payments can help you pay off your loan faster.
An amortization calculator shows how much of each payment goes toward principal and how much goes toward interest throughout the life of a loan. With just a few inputs, you can instantly see payment details, charts, and a complete payment schedule.
Whether you're planning a mortgage, car loan, personal loan, or student loan, this app provides a simple and powerful way to understand the true cost of borrowing.
*** Loan Calculator Features ***
• Quick Loan Payment Calculation
Enter your loan amount, interest rate, and loan term. Tap Calculate to instantly see your monthly payment.
• Loan Amount Estimator
Not sure how much you can borrow? Enter an affordable monthly payment and estimate the loan amount you may qualify for.
• Extra Payment Calculator
Add extra payments to see how much sooner your loan can be paid off and how much interest you can save.
• Pie Chart Overview
Visualize the percentage of principal versus interest compared to the total loan amount.
• Principal & Interest Bar Chart
See how principal and interest payments change throughout the life of the loan.
• Detailed Amortization Schedule
View a full breakdown of each monthly or annual payment, showing how much goes toward principal, interest, and remaining balance.
• Save Last Calculation
Automatically saves your last calculation so you can quickly continue without re-entering your data.
• Export & Share Results
Share your loan calculations as print-friendly PDFs via email, chat, or social networks.
• Financial Terms Dictionary
Includes a helpful glossary to learn important finance and accounting terms used in loans and business.
• Works Offline
All calculations work even without an internet connection.
Understand your loan before you borrow and make better financial decisions with Loan Payment & Amortization.
- Disclaimer -
This calculator is provided as a self-help tool for your independent use and is not intended to provide financial or investment advice.