Example: Loan amount: $336,000 · Interest rate: 6.5% · Term: 30 yrs · Show balance after year: 5 yrs → Balance after year 5: $314,533.
Monthly payment: $2,123.75
Principal paid by then: $21,467
Interest paid by then: $105,958
Frequently asked questions
How do I calculate mortgage amortization? Enter your numbers above and the result updates instantly. For example: Loan amount: $336,000 · Interest rate: 6.5% · Term: 30 yrs · Show balance after year: 5 yrs → Balance after year 5: $314,533.
Is this Mortgage Amortization Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for mortgage amortization. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.