Mortgage Amortization Table Calculator

Payment # Payment Amount Principal Interest Remaining Balance

Introduction: The Mortgage Amortization Table Calculator provides a comprehensive view of your loan repayment schedule. By entering the loan amount, annual interest rate, and loan term, you can generate an amortization table that breaks down each payment, showing the principal, interest, and remaining balance.

Formula: The calculator uses the following formula to calculate monthly payments and generate the amortization table:

Monthly Payment=Loan Amount×Monthly Interest Rate1−(1+Monthly Interest Rate)−Total MonthsMonthly Payment=1−(1+Monthly Interest Rate)−Total MonthsLoan Amount×Monthly Interest Rate​

How to Use:

  1. Enter the loan amount in the "Loan Amount" field.
  2. Enter the annual interest rate in the "Annual Interest Rate" field.
  3. Enter the loan term in years in the "Loan Term" field.
  4. Click the "Calculate" button to generate the amortization table.

Example: Suppose you have a mortgage of $200,000 with an annual interest rate of 4% and a loan term of 30 years. By entering these values into the calculator and clicking "Calculate," you will get a detailed amortization table showing each monthly payment's breakdown.


  1. What is a Mortgage Amortization Table?
    • A mortgage amortization table displays each mortgage payment's distribution between principal and interest over the loan term.
  2. Why is an amortization table useful?
    • It provides a clear overview of how each payment contributes to reducing the principal and paying interest.
  3. Can I use this calculator for other types of loans?
    • While designed for mortgages, it can be used for loans with fixed interest rates.

Conclusion: The Mortgage Amortization Table Calculator is a valuable tool for visualizing and understanding your loan repayment schedule. It empowers borrowers by illustrating how each payment affects the principal and interest components over time. For personalized advice, consult with financial experts.

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