Loan Amortization Calculator – Detailed Repayment

View your loan amortization schedule with principal and interest breakdown. Understand repayments and impact of prepayments easily.

What is a Loan Amortization Calculator?

A Loan Amortization Calculator generates a schedule showing how each loan payment is split between principal and interest for every month of the tenure. This schedule helps borrowers see how their outstanding balance changes and how much interest they pay over time.

How Does the Loan Amortization Calculator Work?

Enter the loan amount, interest rate, and tenure. The calculator builds a table where each row breaks down the EMI into interest paid and principal repaid, showing the evolving loan balance after each payment. Early payments have a higher interest share, while later payments increasingly pay down the principal.