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This is a fixed-rate amortization calculator. For variable rates, re-run the calculator when the rate changes.
Amortization Calculator
Calculate your loan payment, total interest, payoff date, and a full amortization schedule. Add an extra payment and instantly see how much interest you can save (perfect for sharing).
📊Full amortization schedule (scrollable table)
💰Extra payments → payoff sooner + interest saved
📥Export schedule to CSV
📱Share-friendly summary for screenshots
📚 Omni-level guide
Amortization Calculator (Payment + Schedule)
An amortization calculator breaks a loan into a payment-by-payment schedule showing how much of each payment goes to interest, how much goes to principal, and what your remaining balance is after each payment. This is the “truth table” behind common loans like auto loans, personal loans, and many fixed-rate installment loans. If you’ve ever wondered why your first payments feel “mostly interest,” amortization is the reason.
What you get from this calculator
MaximCalculator provides simple, user-friendly tools. Always treat results as estimates and double-check important numbers elsewhere.