Loan calculator and amortization schedule

Enter the amount, the annual interest rate and the term in months, choose fixed payment or fixed principal and see what you pay each month and in interest.

Free and private: it runs in your browser, we do not send what you type.

Amortization method

Enter an amount, a rate between 0 and 100 % and a term of 1 to 600 months.

How it is calculated

  • The monthly rate is the nominal annual rate divided by 12.
  • Each month you pay interest on the balance you still owe.
  • Amounts are rounded to cents; the last payment absorbs the difference.

What it does not include

Credit life insurance, fees, taxes or other charges from the bank or credit union. It is a guide: ask each lender for its actual rate and amortization schedule before you sign.

Do you do this every day? Put it in a system

We build custom Laravel systems so this calculation and the rest of your work live in one place, with users, history and reports.

Contact Us

We're ready to take your project to the next level. Get in touch and let's talk about your vision.

Address

Machala - Ecuador

Email

* Required fields