Amortization Calculators
Are you the kind of person who doesn't like surprises? Then take a look at these calculators.
Amortization Calculator
See how fast your principal may decrease over the life of your loan.
A Monthly Schedule will provide the amount of interest paid, principal paid and current balance after each monthly payment for the life of the loan (e.g. 360 months on a 30 year loan).
An Annual Schedule will provide the total amount of interest paid and principal paid for that year as well as the principal balance at the end of that year.
Prepayment Analysis Calculator
Use this calculator to see how many months you can shave off your loan by prepaying on your principal, at a set monthly rate.
A Monthly Schedule will provide the amount of interest paid, principal paid and current balance after each monthly payment for the life of the loan (e.g. 360 months on a 30 year loan).
An Annual Schedule will provide the total amount of interest paid and principal paid for that year as well as the principal balance at the end of that year.
