| Amortization Calculator | Get a Free Mortgage Quote from a Mortgage Professional |
| Amortization is the gradual elimination of a liability, such as a mortgage, over a specified period of time. As you pay off a loan the principal gradually decreases. An amortization table gives you a view of how your monthly payment is applied to interest and principal through the life of the loan. To get an amortization table for one of your loans, enter your loan amount, the interest rate you pay and the number of payments in the calculator below. |

