Finsanta financial tool
Loan amortization schedule
Build a clear payment-by-payment schedule for a fixed-rate loan, including principal, interest, and remaining balance.
Monthly payment
$500.95
Total interest
$5,056.92
Schedule length
60 months
Amortization schedule
The first 12 payments and final payment are shown.
| Payment | Total | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $500.95 | $344.70 | $156.25 | $24,655.30 |
| 2 | $500.95 | $346.85 | $154.10 | $24,308.45 |
| 3 | $500.95 | $349.02 | $151.93 | $23,959.43 |
| 4 | $500.95 | $351.20 | $149.75 | $23,608.22 |
| 5 | $500.95 | $353.40 | $147.55 | $23,254.83 |
| 6 | $500.95 | $355.61 | $145.34 | $22,899.22 |
| 7 | $500.95 | $357.83 | $143.12 | $22,541.39 |
| 8 | $500.95 | $360.07 | $140.88 | $22,181.33 |
| 9 | $500.95 | $362.32 | $138.63 | $21,819.01 |
| 10 | $500.95 | $364.58 | $136.37 | $21,454.43 |
| 11 | $500.95 | $366.86 | $134.09 | $21,087.57 |
| 12 | $500.95 | $369.15 | $131.80 | $20,718.42 |
See where every payment goes
An amortization schedule turns a loan balance into a timeline. Use it to understand the cost of borrowing, compare repayment terms, and plan extra principal payments. The table shows the first year and final payment so the important pattern stays easy to scan.
Understand interest
See how the interest share changes month by month.
Compare terms
Shorter terms trade larger payments for less interest.
Plan extra
Test a recurring principal payment in the schedule.
Explore more finance guidance
Frequently asked questions
What is a loan amortization schedule?
It shows how each payment is split between principal and interest and how the remaining balance changes over time.
Can I export this schedule to Excel?
This page provides a readable schedule in your browser. You can copy the displayed rows into a spreadsheet for additional budgeting or scenario work.
Why does the interest portion change?
Interest is calculated from the remaining balance. As principal falls, less interest accrues and more of each payment goes toward principal.