Amortization is the reduction in debt over a period of time if you pay the same amount each month
Using our Amortization Schedule Calculator you will be able to see how much your payments will go towards paying off your debt by seeing how much interest has reduced for each payment.
Typical uses of this tool are for Mortgage and large loans but can be used for credit card repayments and small loans
Simply input your loan amount, the APR and the duration of the loan in either a monthly or yearly figure
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