Loan Amortization Calculator
Our comprehensive loan amortization calculator is an ideal tool for evaluating the benefits of refinancing an existing established loan to identify the value of the new loan offer -- and also for putting together an accelerated repayment schedule for your new or existing loan. One of the key features of our loan amortization calculator is the ability to set the number of years in which you want to have your mortgage loan paid off.
The amortization schedule created by this loan calculator comes with multiple repayment options. Calculations are based upon the loan amount or balance, rate of interest, the first year of the mortgage, and the number of years you want to take to have the loan paid in full.. Additional options include a schedule by payment frequency, which will create a fully amortized repayment schedule based upon a monthly repayment plan, a more aggressive bi-weekly repayment schedule, an assertive bi-monthly agenda, or a very rapidly amortizing weekly repayment strategy.
Regardless of the approach you elect to take for repayment of your mortgage, our loan amortization calculator is a great tool to help you visualize and achieve your goals!
Have questions? Use our quick quote to get a fast quote.