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Loan Amortization Calculator

Calculates a table of the loan amortization using the principal-and-interest and principal equal repayments.

No.	Year	Repayment	Principal	Interest	Balance

$\normal Loan\ amortization\\[10] 1.\ equal\ repayment\ of\\ \hspace{80} principal-and-interest\\ (1)\ PMT=P\times{\large\frac{\large\frac{r}{k}}{1-(1+{\large\frac{r}{k}})^{-nk}}}\hspace{20}if\ r\neq 0\\ \hspace{25}PMT=P\times{\large\frac{1}{nk}}\hspace{90}if\ r=0\\ (2)\ FV_j=P\times(1+{\large\frac{r}{k}})^j-PMT\times\frac{(1+{\large\frac{r}{k}})^j-1}{r/k}\\ \hspace{120} j:\ number\ of\ periods\\ \vspace{20}\\ 2.\ equal\ repayment\ of\ principal\\ (1)\ \ PMT_j=P\times{\large\frac{1+(nk-j+1)r}{nk}}\\ (2)\ FV_j=P\times(1-{\large\frac{j}{nk}})\\ \hspace{120} j:\ number\ of\ periods\\ $

Loan Amortization Calculator

Calculates a table of the loan amortization using the principal-and-interest and principal equal repayments.

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