How this calculation works
See how payment, principal, interest, and outstanding balance change across a loan term. The result is calculated locally in your browser from the visible inputs, and the method below remains available for checking.
Worked example
A ₹25 lakh, 20-year loan shows the opening payment split, final interest, and yearly outstanding balance.
Assumptions and limits
- Inputs use the units shown beside each field.
- Intermediate values retain precision; displayed values are rounded for readability.
Questions people ask
How does the Loan Amortization Calculator work?
It applies this displayed method: The monthly schedule separates every payment into interest and principal. Reducing balance charges interest on each opening balance; flat rate keeps monthly interest based on the original principal. Values stay in your browser and are not submitted to a server.
What should I check before using the Loan amortization result?
Inputs use the units shown beside each field. Intermediate values retain precision; displayed values are rounded for readability. This is an estimate, not a lender quote. Rates, fees, rounding and repayment rules vary by agreement.
Does this Loan amortization calculator save my information?
No. Calculation inputs are processed on this device. Sharing creates a URL only when you choose the share action.