How to calculate Amortization | Amortization Calculator

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Amortization is a financial concept that spreads the repayment of a loan or the cost of assets through a series of regular, equal payments including both principal and interest over a period of time.  It is commonly used for mortgages, car loans, and other types of loan installments.

Amortization Calculator

Loan Amount ($):
Annual Interest Rate (%):
Loan Term (Months):

Amortization Schedule

Month	Payment	Principal	Interest	Balance