Loan amortization is the process of scheduling out a fixed-rate loan into equal payments. A portion of each installment covers interest and the remaining portion goes toward the loan principal ...

You can also use a biweekly loan amortization template to figure out how your payments and schedule differs by making half-payments every two weeks instead of 12 whole payments in a year.

Use our amortization schedule calculator to estimate your monthly loan repayments, interest rate, and payoff date on a mortgage or other type of loan.

Learn how to calculate all the particulars of a loan using Excel and how to set up a schedule of repayment for a mortgage or any other loan.

An amortization schedule for a business loan breaks down each payment, from the first to the last. The schedule clearly details the amount applied to the interest and principal from a single payment.

Learn how a mortgage amortization schedule works, calculate your monthly payments, and see how your payments are applied to principal and interest over time.