Section 02
Amortization and balance calculators
How each payment splits into interest and principal, the balance left after any number of payments, balloon loans and annual or weekly schedules.
- Calculators in this section
- 9
- Typical formula
- Bₖ = P(1+r)ᵏ − M((1+r)ᵏ−1) ÷ r
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No. 02-0021Loan Amortization Schedule Calculator: Balance After Any PaymentBalance after payment k$197,543.98The balance left after any payment of a fixed-rate loan, and how that payment splits into interest and princip…
No. 02-0145Loan Amortization Calculator by Payment AmountMonthly payment$405.53A loan amortization calculator based on payment amount shows how a fixed payment reduces a loan balance over t…
No. 02-0138Weekly Loan Amortization Calculator and Payment ScheduleWeekly payment$93.39This weekly loan amortization calculator estimates your level payment for a fixed-rate loan when payments are…
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Every calculator uses a standard formula and shows it. How the calculators work.