# Amortization Calculator

## About Amortization Calculator

The Amortization Calculator is used to calculate mortgage payments and amortization schedules and determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.

The calculator will show you the breakdown between principal and interest in your mortgage payments and amortization tables with complete mortgage amortization schedules for the loan. You can view the amortization table in a monthly format.

Please note this loan amortization calculator should be used only as an estimation as it does not allow for taxes and insurance.