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This 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 interest or principal, and the balance outstanding at any given point in time.
Use this loan interest calculator to see how much interest you can expect to pay your lender over the course of your loan.
If you’re considering a fixed-rate mortgage, use this calculator to see the total principal and interest you’ll owe each month.