Amortization schedule maker

Author: k | 2025-04-25

Amortization Schedule Author: Amortization Schedule Calculator Subject: Amortization Schedule (also known as amortization table or amortization chart ) Keywords: amortization schedule; amortization table; amortization chart; loan amortization; mortgage amortization; amortization calculator Created Date: Loan Length: Show Amortization Schedule By: Calculate. Browse by Amortization Length. 5 Year Amortization Schedule: 10 Year Amortization Schedule: 15 Year Amortization Schedule: 20 Year Amortization Schedule: 25 Year Amortization Schedule: 30

Amortization Schedule: Amortization Schedule: Mapping Your

The following are some of the best and most popular amortization schedule software applications, and websites that offer web-based amortization schedule tools on the Internet.Bankrate.com ( has an amortization schedule calculator that calculates your monthly mortgage payment and shows you the impact of extra mortgage payments on your loan and creates an amortization table. You have to enter the mortgage amount, mortgage term, interest rate, mortgage start date and monthly payments in the input boxes before your amortization schedule can be generated. Loanamortizer.com is a loan amortization and loan management software website. It offers a downloadable evaluation product called LoanAmortizer ( The application utilizes features such as drop-down menus to enter details such as amortization method, contract date and interest rate types to calculate amortization schedules. Math.about.com has an Amortization calculator ( for computing your mortgage when you enter anticipated amount of house, amount of down payment, anticipated interest rate, anticipated length of loan, in years, and start date of loan – a very friendly interface which is quite easy to use.Pine-grove.com has a calculator called "Flexible Amortization Schedule". "Flexible" because any attribute can be adjusted according to one's wish. For example, rates can be adjusted to create ARMs, change payment amounts or skip payments; and the amortization can be copied and printed. Evaluation copies of their Amortization Schedule products - AmortizeIT ( and SolveIT ( - can be downloaded for free. HSH Associates ( a consumer loan information website, features an amortization calculator to generate an amortization schedule (by month or by year) as well the monthly payment for a mortgage paid either monthly or bi-weekly. It is also capable of demonstrating the effects of prepaying your mortgage on an irregular or regular basis. There is also a JavaScript version available.

Loan Amortization Calculator With Amortization Schedules

What Is An Amortization Schedule? An amortization schedule is a table that shows homeowners how much money they will pay in principal (starting amount of the loan) and in interest over time. It shows the regular payment on your mortgage over the years and each payment is applied to the principal balance and interest. An amortization schedule calculator can help you: Determine how much is paid toward your principal balance or interest during any given payment. Calculate how much of your total principal balance and interest have been paid by a particular date. Show how much of your principal balance you owe on a given date. Determine how much time you can cut off your mortgage by making extra payments. How Do You Calculate Amortization? Homeowners can calculate the amortization of their mortgage by plugging their information into an amortization calculator, which uses a formula to calculate your monthly mortgage payments By using an amortization calculator, you can: Calculate principal and interest paid in any particular payment. Calculate the total principal and interest paid on a particular date. Calculate how much principal is owed now or in the future. How Do I Create A Loan Amortization Schedule? Your loan amortization schedule tells you how much you need to make in monthly payments to pay off your mortgage within the term length of the loan. The key number when creating your loan amortization schedule is your monthly payment. Your monthly payment is calculated by taking your current loan amount, mortgage term

Amortization Calculator - Amortization Schedule Calculator

Comprehensive Loan Amortization Calculator Excel Template | Detailed Loan Repayment Schedule, Mortgage Principal & Interest Breakdownby SirexcelcoSimple & Effective Spreadsheets, Advanced Excel Templates - Data and Excel Analyst - Business Modellingany new Best Practices or updates published by this Author" title="You will receive an email notification when Sirexcelco publishes a new Best Practice or updates any of their current Best Practices." data-followers="0" data-author="216214" data-author-name="Sirexcelco">Follow40 views|Start the discussion!|Bookmark Add to cart - $5.00Description Simplify your loan calculations and repayment planning with this Comprehensive Loan Amortization Calculator Excel Template. Are you having trouble keeping up with your loan payments and feeling overburdened by the rising interest rates? You can remain on top of your loan payments and make more educated decisions regarding your debt with the aid of our Loan Amortization Excel Template.Designed for easy use, this dynamic template provides a detailed breakdown of loan payment schedules, including due dates, principal and interest payments, outstanding balance, and total installment amounts. Perfect for anyone preparing to take out a loan, it offers clear insights into monthly payments and capital outstanding percentages, helping you make informed financial decisions. Ideal for personal or business loan management, this template is your go-to tool for structured loan tracking and financial planning.Introducing our 👌Premium Loan Amortization Calculator Excel Template! Master your debts with just a few clicks and know your financial path with certainty. This expertly crafted tool is not just another excel template. It's a blueprint to better finance management!Content:• Excel file compatible with Excel 2007 and higher (and with sample data)• Professional Design• Works both on Mac and Windows• No installation needed. Ready to use• Dashboard with charts• Loan amortization schedule template• Easy to use• 100% editable• Excel file• Instant download• Friendly customer support for all your questionsLicense: Private Use (not for distribution or resale). Amortization Schedule Author: Amortization Schedule Calculator Subject: Amortization Schedule (also known as amortization table or amortization chart ) Keywords: amortization schedule; amortization table; amortization chart; loan amortization; mortgage amortization; amortization calculator Created Date:

Amortization Calculator - Amortization Schedule - HSH.com

$179,858.64.The Total Period is 240 months. Note: The orange numbers denote those periods for which you should have cleared your payments.Read More: Multiple Loan Amortization Schedule Excel TemplateCase 2 – Amortization Schedule with Regular Extra Payment (Recurring Extra Payment)Let’s say your monthly income has gone up and you want to add an extra bi-monthly recurring payment starting from the 24th period to pay off the loan faster. In this case, you’ve chosen to pay $500 for the rest of the loan period.The regular monthly payment remains the same at $1,791.08.The extra, recurring payments and the loan details are shown in the Summary table.The Total Payment (principal + interest) now decreases to $396,277.94.The Total Interest Paid drops to $146,277.94, creating an Interest Savings of $33,630.69.The Total Period is reduced to 16 years 5 months, or 197 months.Read More: Excel Car Loan Amortization Schedule with Extra Payments TemplateCase 3 – Amortization Schedule with Irregular Extra PaymentsLet’s assume that you’ll make the following payments as given below.PeriodIrregular Extra Payment29$10,00042$10,00055$25,00060$15,00070$10,000Input that information in the provided template and see the results.The monthly payment remains $1,791.08.The extra, irregular payments and the loan details are given in the Summary table.The Total Payment (principal + interest) decreases further to $342,580.08.The Total Interest Paid also decreases to $92,580.08 with the Interest Savings increased to $87,278.56.The Total Period drops to 11 years, 5 months, or 137 months.Read More: Amortization Schedule Excel Template with Extra PaymentsPractice SectionWe have provided a Practice Section on the right side of each sheet so you can practice yourself.Download the Practice WorkbookYou can download the practice workbook from the link below, which you can use as a template.Related ArticlesPreparing Bond Amortization Schedule in ExcelExcel Interest Only Amortization Schedule with Balloon Payment CalculatorAmortization Schedule with Balloon Payment and Extra Payments in ExcelExcel Car Loan Amortization Schedule TemplateExcel

Mortgage Amortization Calculator - Amortization Schedule

Understanding the Amorization CalculatorWhen it comes to managing your finances and getting a grip on your loan payments, an amortization calculator is your best friend. Whether it’s spelled as ‘ammortization calculator’, ‘amoritization calculator’, or ‘amorization calculator’, this tool helps you see how each payment affects both the principal and the interest over time.What is an Amortization Calculator?An amortization calculator, commonly referred to as an amortization calc, is a financial tool designed to calculate the regular loan repayments required to pay off a mortgage or other types of loans over a set period. By using this tool, you get a detailed amortization schedule that breaks down each monthly payment into principal and interest components.How Does an Amortization Calculator Work?This calculator works by asking for some basic input variables like the loan amount, interest rate, and loan term. Once you input these, the calculator applies the amortization formula to generate a payment schedule, showing how much of each payment goes towards the principal and how much goes towards interest. This schedule helps borrowers visualize the declining principal over time, which in turn provides a clear picture of the loan’s true cost.Top 5 Brands Offering the Best Amortization CalculatorsMortgageCalculator.orgMortgageCalculator.org stands out for its user-friendly and accurate amortization calculator. Users can input various loan parameters and view both monthly and annual amortization schedules. The interface is intuitive, making it an excellent choice for all borrowers, whether you’re a novice or an expert.Bankrate Amortization Schedule CalculatorBankrate’s calculator not only provides detailed amortization schedules but also

Amortization Schedules by Amount - Amortization Calculator

Journal entryDebit: Bank Account (asset account) Credit: Loan (liability account)Bank Loan Received Journal Entry ExampleBank loan repayment journal EntryDebit: Loan (liability account) Credit: Bank (asset account)Bank Loan Repayment Journal Entry ExampleTo learn more about assets and liabilities go to accounting balance sheet.The figures from the above examples are based on the figures in the Loan Amortization image in the nextsection about loan interest.loan interest payable journal entryAdding interest to the loan accountDebit: Loan Interest (expense account) Credit: Loan (liability account)Interest on Bank Loan Journal Entry ExampleThe bank may be able to provide a schedule listing all expected repayment dates and amounts for the life of the loan. If you are unable to get a schedule from the bank you may be able to see the amount of interest in the online bank transactions or off your loan statement for the current or previous months.You can also find a Loan Amortization template in Microsoft Excel templates and enter the loan details from the bank to calculate your own schedule as in this example:Bank Loan Amortization Schedule ExampleIf you use a schedule like this, compare it to your loan account each month to ensure it is tracking as expected.car loan journal entryA car is an asset so the journal entry for it will be similar for the purchase-via-loan of other assets like workshop equipment.The difference between bank loans and vehicle loans is that:with bank loans the business receives actual money into the bank account and with the vehicle loan the money is usually paid directly to the car sales company so the business doesn’t handle the money.These car journal entries are for a vehicle costing $15,000 and for a loan of 5 years at 12% with fortnightly payments – calculated using the same Loan Amortization template mentioned above.Purchase of Car Journal EntryThis

Amortization Schedule: Amortization Schedule: Mapping Your

Amortization Terms Used in This Article1. Original Loan Terms (Years): The total time taken to pay off the loan.2. Original Loan Amount: The principal amount that you’re borrowing from the bank.3. Annual Percentage Rate (APR): This is the interest rate. It is also known as nominal/stated interest rate.4. Payment Type: Payment types can be either at the End of the Period or at the Beginning of the Period.5. Payment Due: Number of payments in a year. Payments are commonly made monthly but you can choose other payment frequencies as shown in the table below.Interest CompoundedPayment Made AfterPayment FrequencyWeekly7 Days52Bi-weekly14 Days26Semi-monthly15 Days24Monthly1 Month12Bi-monthly2 Months6Quarterly3 Months4Semi-annually6 Months2Yearly12 Months16. Interest Compounded: When is interest applied to the current outstanding loan. It typically follows the payment frequency but can be different.Other terms such as the Extra Amount You Plan to Add, Extra Payment (Recurring) Pay, and Extra Payment Starts from Payment No. should be self-explanatory.3 Ways to Calculate Amortization Schedule with Irregular PaymentsWe’ll cover three of the most common ways to pay off a loan:Amortization Schedule with Regular Payment (PMT)Amortization Schedule with Regular Extra Payment (Recurring Extra Payment)Amortization Schedule with Irregular Extra Payment (Irregular Extra Payments)The template provided below will have information fields you can use for every case.Case 1 – Amortization Schedule with Regular Payment (PMT)Consider the following scenario:Loan Amount is $250,000.Loan Term over 20 years.Annual Percentage Rate (APR) of 6%.Payment Type involves paying at the End of the Period.Payment Frequency is Monthly.You want to know what your monthly payment will be.Enter the information in its respective cells and the amortization schedule will be generated as shown in the picture below.The monthly payment is $1,791.08 and you’ll find the additional loan details in the Summary table.The Total Payment (principal + interest) is $429,858.64.The Total Interest Paid over the maturity of the loan is. Amortization Schedule Author: Amortization Schedule Calculator Subject: Amortization Schedule (also known as amortization table or amortization chart ) Keywords: amortization schedule; amortization table; amortization chart; loan amortization; mortgage amortization; amortization calculator Created Date:

Loan Amortization Calculator With Amortization Schedules

In years, interest rate per year and the state you reside in and inputting that information into the amortization schedule calculator. How To Use An Amortization Schedule Calculator To use our amortization schedule calculator, you will need a few pieces of information, including the principal balance for your mortgage, your annual interest rate, the term of the mortgage and your state of residency. You can also enter additional payments to see how this affects your overall mortgage length. This calculator can help you determine: How much principal you owe now or will owe in the future. How much extra you need to pay in order to reduce mortgage length. How much equity you have. Amortization Calculator Results Explained Once you enter all the necessary information into the amortization calculator, it will yield several results such as the monthly payment, total remaining balance, total principal and total interest paid. To determine these results, the calculator uses these numbers: Loan amount: The loan amount is the principal balance of your mortgage that you owe to the lender, not including interest. Interest rate: This is a percentage of the loan amount borrowers must pay in addition to the cost of the mortgage. Loan term: The loan term is the amount of time it will take to pay back the mortgage. The monthly payment for your mortgage will initially cover the interest, and then slowly subtract the money you owe on your home loan over time. However, it's important to note that this doesn’t

Amortization Calculator - Amortization Schedule Calculator

An amortizing loan. Shows a breakdown of principal and interest over the life of the loan, aiding in transparency and planning. Free Prepayment Options Features that allow borrowers to pay off their loan faster by making additional payments. Offers flexibility to reduce the principal balance quicker and save on interest costs. Free Graphical Analysis Visual representation of the amortization process including balance reduction and interest payments over time. Helps users visualize how their payments reduce the loan balance over time. Free Detailed Reports Exportable and printable reports providing detailed insights into the amortization process. Facilitates easy record-keeping and sharing with financial advisors. Free Accessibility Typically available as online tools, desktop applications, or mobile apps. Provides ease of use and accessibility anywhere, anytime. Free or low-cost apps Customization Allows input of various loan parameters and scenarios to see different outcomes. Enables users to test different financial strategies and choose the most suitable repayment plan. Free User Support Help sections, user manuals, or customer service to assist users in maximizing the tool’s benefits. Ensures users can fully utilize the tool with minimal confusion. Free Deep Dive: How to Read an Amortization ScheduleAn amortization schedule is a detailed table showing the breakdown of each loan payment. Understanding this table is crucial for anyone taking out a loan.Monthly BreakdownEach row on the schedule represents a single payment, showing:Payment Amount: The total amount paid each month.Principal: The part of the payment that reduces the loan balance.Interest: The part of the payment that goes toward interest.Remaining. Amortization Schedule Author: Amortization Schedule Calculator Subject: Amortization Schedule (also known as amortization table or amortization chart ) Keywords: amortization schedule; amortization table; amortization chart; loan amortization; mortgage amortization; amortization calculator Created Date:

Amortization Calculator - Amortization Schedule - HSH.com

CyberLink PowerDVD 11 PowerDVD 11 is the ultimate universal media and Blu-ray player that extends your viewing experience beyond just movies. Play Blu-ray Discs, DVDs, video files, music, and now you can even view photos, all from one universal player. Stream content from your smart device, DLNA server or cloud to... DOWNLOAD Amazing loan calculator which allows you to calculate your loan payment and display your payment schedule.Cool and nice design, it's free and simple , don't wait , start now and download it. DOWNLOAD Cost: $0.00 USD License: Freeware Size: 1.5 MB Download Counter: 144 Released: October 25, 2006 | Added: October 28, 2006 | Viewed: 2663 Biweekly Amortization + 1.2 Program Description: BIWEEKLY AMORTIZATION THE BANKERS' SECRET IS REVEALED!!! This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. It will run under Win 95, 98, Me, NT4, XP & 2000. By making a loan payment... DOWNLOAD GET FULL VER Cost: $8.00 USD License: Shareware Size: 1.2 MB Download Counter: 15 Released: June 09, 2006 | Added: June 12, 2006 | Viewed: 3760 Added Payment Amortization + 1.2 This program is a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. It will run under Win 95, 98, XP, & 2000. By making additional principal payments when paying yourmonthly mortgage, you... DOWNLOAD GET FULL VER