Amortization calculator This calculator tells you how much of your customer's monthly payment goes toward principal and interest over the life of the loan. Loan amount   $ Interest rate   % Type of loan   30 years20 years15 years10/1 Adjustable Rate7/1 Adjustable Rate5/1 Adjustable Rate3/1 Adjustable Rate7 year Balloon Starting month   JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Starting year   Show full table   What will my customer have to pay in order to pay off the loan in  years? View results Month Payment Principal Interest Balance 02/2002 $839 $89 $750 $119,911 03/2002 $839 $90 $749 $119,821 04/2002 $839 $90 $749 $119,731 05/2002 $839 $91 $748 $119,640 06/2002 $839 $91 $748 $119,549 07/2002 $839 $92 $747 $119,457 08/2002 $839 $92 $747 $119,365 09/2002 $839 $93 $746 $119,272 10/2002 $839 $94 $745 $119,178 11/2002 $839 $94 $745 $119,084 12/2002 $839 $95 $744 $118,989 01/2003 $839 $95 $744 $118,894 Year 1 $10,069 $1,106 $8,962 $118,894 02/2003 $839 $96 $743 $118,798 03/2003 $839 $97 $742 $118,701 04/2003 $839 $97 $742 $118,604 05/2003 $839 $98 $741 $118,506 06/2003 $839 $98 $741 $118,408 07/2003 $839 $99 $740 $118,309 08/2003 $839 $100 $739 $118,209 09/2003 $839 $100 $739 $118,109 10/2003 $839 $101 $738 $118,008 11/2003 $839 $102 $738 $117,907 12/2003 $839 $102 $737 $117,804 01/2004 $839 $103 $736 $117,702 Year 2 $10,069 $1,192 $8,877 $117,702