Amortization Schedule
See how your loan balance decreases over time with detailed payment breakdowns
Loan Details
Monthly Payment
$0
Total Interest
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Payoff Date
Time Saved
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Month | Payment | Principal | Interest | Balance | Total Interest |
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💡 Understanding Your Amortization Schedule
Early Years:
- • Most of your payment goes to interest
- • Principal payments are smaller
- • Balance decreases slowly
Later Years:
- • Most of your payment goes to principal
- • Interest payments decrease
- • Balance decreases rapidly