An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal and interest.

Estimate your monthly loan repayments, interest rate, and payoff date Fact checked by Rebecca McClay Amortization is an ...

Amortization is the process of gradually paying off a debt or allocating the cost of an intangible asset over its useful life. This approach helps businesses and individuals manage loans ...

To calculate the amortization schedule and determine the loan repayment schedule, fill in the boxes given below and click 'Show Amortization Table'. The monthly amortization schedule will be displayed ...