Amortization Calculator
Calculate EMI and view a full month-by-month amortization schedule — download CSV or copy results.
Loan Details
Enter loan amount, rate and tenure to see payments and amortization.
About this Calculator
This amortization tool uses the standard loan formula and supports different payment frequencies. Use the amortization table to check monthly principal vs interest breakdown and outstanding balance.
- Try shorter tenures to reduce interest paid overall.
- Increase extra payments to reduce principal faster.
- Start date helps visualize payment calendar.
Amortization Calculator — Understand Your Loan Schedule
Knowing how your loan payments are split between principal and interest can help you make smarter repayment decisions. Our Amortization Calculator provides a clear, month-by-month (or period-by-period) breakdown of payments so you can see how the outstanding balance decreases over time.
This tool is perfect for homeowners, car buyers, and anyone taking out a loan who wants to visualise payment progress. Simply enter the loan amount, annual interest rate, tenure, and payment frequency — the calculator instantly returns the periodic payment amount, the total interest paid over the life of the loan, and a downloadable amortization table.
Amortization schedules are useful for:
- Comparing lenders and loan offers
- Planning extra principal payments to save interest
- Tracking payment dates when you provide a start date
At ToolsOnClick we create free, accurate online calculators to help you plan finances faster. This amortization tool uses standard formulas and supports monthly, quarterly, and yearly payment frequencies. If you want to reduce the total interest paid, consider increasing your periodic payment or shortening the tenor — the table makes it easy to simulate those changes and see their impact immediately.
Try the calculator now, download your schedule as CSV, or copy the summary for sharing. Use our related tools — like the Car Loan Calculator — to compare results and find the best option for your budget.