Loan Amortization Calculator
Loan Amortization Calculator
Overview
Master your loan payments with our Loan Amortization Calculator! This tool breaks down your repayment schedule for mortgages or other loans, showing monthly payments, interest, and total costs. Perfect for informed borrowing, it ties to our Financial Foundations content, helping you plan with clarity and avoid surprises.
How to Use
Enter the loan amount (e.g., $200,000).
Input the annual interest rate (e.g., 4%).
Specify the loan term in years (e.g., 30).
Click "Calculate" to see your monthly payment, total interest, and total payments.
Note: Assumes fixed-rate loans; consult a lender for exact terms.
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