Amortization Schedule Calculator: Find My Mortgage Repayment Schedule

Updated November 03, 2020

A fixed-rate mortgage amortizes over the loan's repayment period. This means that the proportion of interest paid vs. principal repaid changes each month (while the total monthly payment stays the same). As the loan amortizes, the amount of monthly interest paid decreases while the amount of principal paid increases.

Mortgage Amount:
Term (years):
Annual Interest Rate (%):
= Monthly Payment

If you're looking to determine your amortization schedule for a fixed-rate mortgage, our amortization schedule calculator can help. 

Say that you're going to borrow $100,000 at 5% and repay it over 30 years. Enter:

  • “$100,000” as the Mortgage Amount

  • “30” as the Term, and 

  • “5” as the Annual Interest Rate.

Our loan amortization calculator creates a table that shows the total amount of interest and principal payable to the lender, the portion of each monthly payment that is either interest or principal, and the outstanding balance at any given point in time.