CI Amortization calculator

This calculator is for anyone who wants to understand the true cost of a fixed-rate loan. Borrowers, financial planners, and real estate professionals can use it to see exactly how each monthly payment is divided between interest and principal over the life of the loan.

• Monthly Payment Calculation: Enter the loan amount, term, and interest rate to get an immediate monthly payment figure. The result updates as you adjust any input.
• Amortization Schedule: View a full year-by-year or month-by-month breakdown. Each row shows the beginning balance, interest paid, principal paid, and ending balance for that period.
• Visual Charts: A line graph tracks the remaining balance over time, and a pie chart shows the total interest versus total principal paid over the full loan term.
• Annual and Monthly Views: Switch between an annual summary (10 rows for a 10-year loan) and a detailed monthly schedule (120 rows for a 10-year loan) to see the payment progression at the level of detail you need.
• Related Calculators: Links to specialized tools for mortgages, auto loans, personal loans, and business loans help you apply the same amortization logic to different loan types.

The calculator works with fixed-rate loans only. It does not account for extra payments, fees, or variable interest rates. The schedule assumes payments are made on time each period.