Loan Amortization Schedule

See exactly how much of each payment goes to interest vs principal over the life of any loan.

Loan amount ($)

Interest rate (APR %)

Term (years)

Extra monthly payment ($)

Monthly payment

$1,580

Total interest

$318,861

Total paid

$568,861

Months

360

Amortization schedule

First 12 months shown. Full schedule continues to 360 months.

Month	Payment	Interest	Principal	Balance
1	$1,580	$1,354	$226	$249,774
2	$1,580	$1,353	$227	$249,547
3	$1,580	$1,352	$228	$249,318
4	$1,580	$1,350	$230	$249,089
5	$1,580	$1,349	$231	$248,858
6	$1,580	$1,348	$232	$248,625
7	$1,580	$1,347	$233	$248,392
8	$1,580	$1,345	$235	$248,157
9	$1,580	$1,344	$236	$247,921
10	$1,580	$1,343	$237	$247,684
11	$1,580	$1,342	$239	$247,446
12	$1,580	$1,340	$240	$247,206

About this tool

Generate a full month-by-month amortization schedule for any fixed-rate loan. See the principal/interest split, running balance, and total interest paid. The most-asked question on r/personalfinance after ‘should I pay this off early’.

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