Amortization Calc has a great free Amortization Schedule Calculator. It is a completely web based Amortization Schedule Calculator, and you do not need to download or install anything to use it. On top of that, it is completely free!
To calculate your amortization schedule free, you need to provide following information about your loan:
- Loan Amount
- Interest Rate
- Loan Term (in years)
- Start Date
Once you have provided the above information, you choose to see amortization schedule in monthly form, or yearly form. After that, you click on Calculate button. Immediately, your free amortization schedule will be ready, and will be displayed in Yearly or monthly form, as per your selection.
This free web based Amortization Schedule Calculator also displays a summary of your loan. It will show:
- Monthly Principal & Interest
- Total of all the Payments
- Total Interest Paid
- Pay-off Date
This free web based Amortization Schedule Calculator is extremely easy to use, and Totally Free.