How to Use This Calculator

Enter the Loan Amount, Interest Rate, Term (in years), Additional Monthly Payment (optional) and click "Calculate".

Check the "Amortization Schedule" box and Calculate to see the full schedule. Un-check the "Amortization Schedule" box and Calculate to remove it.

You can change the values and recalculate again and again. See how many different ways you can impact and reduce your payment and the term of the loan.