About Amortization Calculator

This calculator helps you create a detailed amortization schedule for your loan, showing how each payment is applied to principal and interest over time. It also allows you to see the impact of extra payments on your loan term and total interest paid.

Key features:

• Detailed Schedule: View payment-by-payment breakdown of your loan
• Extra Payments: See how additional payments affect your loan term and interest
• Visual Analysis: Charts and progress bars to visualize your loan paydown
• Export Options: Download your amortization schedule as a CSV file

Tips for using the calculator:

• Try different extra payment amounts to see how they affect your payoff date
• Compare different loan terms to find the most suitable option
• Use the export feature to save your amortization schedule for future reference