Amortization Schedule
See how your loan pays down
This amortization calculator shows your monthly payment and the full payoff picture for a fixed-rate mortgage: how much goes to principal, how much goes to interest, and your balance year by year. It is browser-only, so your numbers never leave this page.
Browser-only estimate
Your loan, year by year
Enter the loan amount, rate, and term to see your payment and a full payoff schedule.
Monthly payment (P&I)
$2,324
- Total paid over the term
- $836,514
- Total interest
- $476,514
Year-by-year schedule
30 years
| Year | Principal paid | Interest paid | Ending balance |
|---|
Principal grows faster as the loan ages because interest is calculated on a shrinking balance. Extra payments accelerate the shift and shorten the term.
Get the real numbers
Bring your numbers to a free strategy call
This is a browser-only estimate to help you plan. Michael “Wiz” Wisniewski pairs the math with real lender quotes, current tax and insurance figures, and a plan that fits your goals. No obligation, no pressure.
This schedule assumes a fixed interest rate for the full term and ignores extra payments, taxes, insurance, and HOA fees, which are separate.
The default 6.7% reflects the average 30-year fixed rate as of September 2026.
Making extra principal payments can cut years and thousands in interest. Wiz can show you how that fits your plan.