Amortization and Balance Remaining Calculator

What is a Mortgage Amortization Schedule?

A mortgage amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term.

In the early years of your mortgage, a larger portion of your monthly payment goes toward interest. As the balance decreases, more of your payment is applied to the principal. Using this calculator helps you visualize exactly when that "tipping point" occurs.