Amortisation Schedule
The whole loan, payment by payment. Switch between a month-wise and a year-wise view, see the split between interest and principal move over time, and read the running totals at any point in the term.
Illustrative — not a quoted rate.
Added to every payment.
Stacked to the same payment height: the lower band is interest, the upper band is principal. Both are labelled in the legend and the tooltip.
Level monthly payment
$2,528
Principal and interest only, over 30 years
Every figure on this page is illustrative and assumes the rate never changes.
Solid = remaining balance. Dashed = interest paid so far. Dotted = principal repaid so far.
The full schedule
30 years, running totals at each year end.
| Year | Paid in year | Interest | Principal | Balance | Interest to date | Principal to date |
|---|---|---|---|---|---|---|
| Year 1 · 2026 | $30,339 | $25,868 | $4,471 | $395,529 | $25,868 | $4,471 |
| Year 2 · 2027 | $30,339 | $25,569 | $4,770 | $390,759 | $51,437 | $9,241 |
| Year 3 · 2028 | $30,339 | $25,249 | $5,090 | $385,669 | $76,687 | $14,331 |
| Year 4 · 2029 | $30,339 | $24,909 | $5,431 | $380,238 | $101,595 | $19,762 |
| Year 5 · 2030 | $30,339 | $24,545 | $5,794 | $374,444 | $126,140 | $25,556 |
| Year 6 · 2031 | $30,339 | $24,157 | $6,182 | $368,261 | $150,297 | $31,739 |
| Year 7 · 2032 | $30,339 | $23,743 | $6,596 | $361,665 | $174,040 | $38,335 |
| Year 8 · 2033 | $30,339 | $23,301 | $7,038 | $354,627 | $197,341 | $45,373 |
| Year 9 · 2034 | $30,339 | $22,830 | $7,510 | $347,117 | $220,170 | $52,883 |
| Year 10 · 2035 | $30,339 | $22,327 | $8,013 | $339,105 | $242,497 | $60,895 |
| Year 11 · 2036 | $30,339 | $21,790 | $8,549 | $330,555 | $264,287 | $69,445 |
| Year 12 · 2037 | $30,339 | $21,218 | $9,122 | $321,434 | $285,505 | $78,566 |
| Year 13 · 2038 | $30,339 | $20,607 | $9,733 | $311,701 | $306,111 | $88,299 |
| Year 14 · 2039 | $30,339 | $19,955 | $10,384 | $301,316 | $326,066 | $98,684 |
| Year 15 · 2040 | $30,339 | $19,259 | $11,080 | $290,237 | $345,326 | $109,763 |
| Year 16 · 2041 | $30,339 | $18,517 | $11,822 | $278,415 | $363,843 | $121,585 |
| Year 17 · 2042 | $30,339 | $17,726 | $12,614 | $265,801 | $381,568 | $134,199 |
| Year 18 · 2043 | $30,339 | $16,881 | $13,458 | $252,342 | $398,449 | $147,658 |
| Year 19 · 2044 | $30,339 | $15,979 | $14,360 | $237,983 | $414,429 | $162,017 |
| Year 20 · 2045 | $30,339 | $15,018 | $15,322 | $222,661 | $429,446 | $177,339 |
| Year 21 · 2046 | $30,339 | $13,992 | $16,348 | $206,314 | $443,438 | $193,686 |
| Year 22 · 2047 | $30,339 | $12,897 | $17,442 | $188,871 | $456,335 | $211,129 |
| Year 23 · 2048 | $30,339 | $11,729 | $18,611 | $170,260 | $468,064 | $229,740 |
| Year 24 · 2049 | $30,339 | $10,482 | $19,857 | $150,403 | $478,546 | $249,597 |
| Year 25 · 2050 | $30,339 | $9,152 | $21,187 | $129,217 | $487,698 | $270,783 |
| Year 26 · 2051 | $30,339 | $7,734 | $22,606 | $106,611 | $495,432 | $293,389 |
| Year 27 · 2052 | $30,339 | $6,220 | $24,120 | $82,491 | $501,651 | $317,509 |
| Year 28 · 2053 | $30,339 | $4,604 | $25,735 | $56,756 | $506,256 | $343,244 |
| Year 29 · 2054 | $30,339 | $2,881 | $27,459 | $29,298 | $509,136 | $370,702 |
| Year 30 · 2055 | $30,339 | $1,042 | $29,298 | $0 | $510,178 | $400,000 |
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How to use the amortisation schedule calculator
Enter the loan amount, interest rate and loan term.
Add an extra principal amount if you want to see how paying more changes the schedule.
Switch the chart and table between a month-by-month and a year-by-year view.
Read the totals: total interest, total repaid, and the point where principal overtakes interest.
Terms used in this calculator
- Amortization
- Paying off a loan through regular, equal payments that cover interest first and principal over time, so the balance reaches zero at the end of the term.In the glossary : Amortization
- Amortization schedule
- A table showing every payment over the life of the loan and how each one splits between interest and principal, with the balance left after it.
- Principal
- The loan balance you still owe. Each payment reduces it, slowly at first and faster later in the term.In the glossary : Principal
- Interest
- What the lender charges for the loan, calculated each month on the remaining balance.
- Fixed-rate mortgage
- A loan whose interest rate and principal-and-interest payment stay the same for the whole term.In the glossary : Fixed-rate mortgage
- Equity
- The part of your home you own outright: its value minus what you still owe. Paying down principal builds equity.In the glossary : Equity
Frequently asked questions
Interest is charged on the remaining balance, and the balance is highest at the start. As the balance falls, less of each payment goes to interest and more goes to principal, which the schedule shows month by month.
It is the month when more of your payment starts going to principal than to interest. On a long loan that can take many years; extra payments or a shorter term bring it much sooner.
The yearly view is easiest for the big picture, such as how much interest you pay each year. The monthly view shows the exact balance after any payment, which helps when planning a refinance or sale.
No. An amortization schedule covers only principal and interest, because taxes and insurance do not reduce the loan. Use the Monthly Payment calculator to see the full payment including escrow.
On a fixed-rate loan the schedule stays the same unless you pay extra, recast or refinance. On an adjustable-rate loan the payment can change when the rate adjusts, so the schedule would be recalculated.
More questions? See the full FAQ or request a personalized quote.