Loan Amortization Schedule
Calculate EMI and view the full month-by-month loan amortization table showing principal, interest, and outstanding balance for every instalment.
Loan Details
How to Use Loan Amortization Schedule
- 1
Enter the loan amount.
- 2
Enter the annual interest rate (e.g. 10.5 for 10.5% per year).
- 3
Enter the loan tenure in years or months.
- 4
View your monthly EMI, total interest, and total payment in the summary cards.
- 5
Scroll down to see the full month-by-month amortization table. Click "Show All" to expand beyond 12 rows.
About Loan Amortization Schedule
The Loan Amortization Schedule Calculator computes your monthly EMI and generates a complete month-by-month amortization table showing exactly how much of each payment goes toward principal and how much goes toward interest — for every single instalment over the life of the loan.
What is Loan Amortization?
Amortization is the process of paying off a loan through regular equal payments. In the early months, most of each payment is interest; as the loan balance decreases, more of each payment goes toward principal. The amortization schedule shows this breakdown for every month.
EMI Formula
Monthly EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P = loan amount, r = monthly interest rate, n = total months. The total interest paid over the loan life is often surprisingly large — this calculator makes that visible.
Difference from Basic EMI Calculator
While a basic EMI calculator only shows the monthly payment amount, this tool provides the complete amortization schedule table so you can see the exact principal-interest split for any given month.