Loan Calculator - Amortization Schedule
Calculate Mortgage, Auto, and Personal loans. View full amortization schedule and interest breakdown.
Institutional Loan Architect
Calculate monthly payments and amortization schedules for mortgages, auto loans, and personal loans. Supports Equal Principal, Equal Payment, and Bullet repayment methods.
Standard method where monthly payment is constant. Interest decreases, principal increases over time.
₩
Financial Engine Ready
Enter loan parameters to generate a professional amortization schedule.
Common Loan Repayment Methods
Choosing the right repayment method can significantly affect your monthly cash flow and total interest paid.
- Equal Payment (Amortization): You pay the same amount every month. In the beginning, most of the payment goes toward interest, and later, more goes toward the principal.
- Equal Principal: You pay a fixed amount of principal plus the interest on the remaining balance. Your monthly payments start high and decrease over time.
- Bullet Repayment (Interest Only): You only pay interest during the loan term and pay back the entire principal at the very end.
Consider your future income stability and financial goals when selecting a repayment schedule.
Recommended Tools
✨
Salary Calculator - Korea Tax & Net Pay
Calculate Korea Salary, Tax, and 4 Major Insurances. Net pay calculator 2024.
✨
acquisition-tax
✨
Inflation Calculator - Future & Past Value
Calculate purchasing power changes over time. Future Value and Past Value calculator with custom inflation rates.
✨