Printable Amortization Schedule

Understanding your loan payments can be a bit overwhelming. Still, with our printable amortization schedule, you can easily keep track of your payments, interest, and remaining balance over the life of your loan.

What is an Amortization Schedule?

An amortization schedule is a table that details each periodic payment on a loan. It shows how much of each payment goes towards the principal and how much goes towards interest. Over time, you’ll see the principal balance decrease as you make payments.

Why Use an Amortization Schedule?

Using an amortization schedule helps you:

Visualize your loan repayment: See how your payments are split between interest and principal.
Plan your finances: Know exactly how much you need to pay each month.
Understand the impact of extra payments: See how additional payments can reduce your loan term and interest paid.

How to Use Our Printable Amortization Schedule

Enter Your Loan Details: Input your loan amount, interest rate, and loan term.
Generate the Schedule: Our calculator will create a detailed schedule for you.
Print and Track: Print the schedule and use it to track your payments.

Example

Let’s say you have a loan of $10,000 with an interest rate of 5% over 5 years. Here’s how your amortization schedule might look:

Table

Payment #	Payment Amount	Interest Paid	Principal Paid	Remaining Balance
1	$188.71	$41.67	$147.04	$9,852.96
2	$188.71	$40.22	$148.49	$9,704.47
3	$188.71	$38.77	$149.94	$9,554.53
4	$188.71	$37.31	$151.40	$9,403.13
5	$188.71	$35.86	$152.85	$9,250.28
6	$188.71	$34.38	$154.33	$9,095.95
7	$188.71	$32.90	$155.81	$8,940.14
8	$188.71	$31.40	$157.31	$8,782.83
9	$188.71	$29.90	$158.81	$8,624.02
10	$188.71	$28.41	$160.30	$8,463.72
11	$188.71	$26.89	$161.82	$8,301.90
12	$188.71	$25.34	$163.37	$8,138.53
13	$188.71	$23.80	$164.91	$7,973.62
14	$188.71	$22.24	$166.47	$7,807.15
15	$188.71	$20.68	$168.03	$7,639.12
16	$188.71	$19.10	$169.61	$7,469.51
17	$188.71	$17.52	$171.19	$7,298.32
18	$188.71	$15.92	$172.79	$7,125.53
19	$188.71	$14.32	$174.39	$6,951.14
20	$188.71	$12.70	$176.01	$6,775.13
21	$188.71	$11.15	$177.56	$6,597.57
22	$188.71	$9.61	$179.10	$6,418.47
23	$188.71	$8.02	$180.69	$6,237.78
24	$188.71	$6.43	$182.28	$6,055.50
25	$188.71	$4.83	$183.88	$5,871.62
26	$188.71	$3.22	$185.49	$5,686.13
27	$188.71	$1.61	$187.10	$5,499.03
28	$188.71	$0.00	$188.71	$5,310.32
29	$188.71	$0.00	$188.71	$5,121.61
30	$188.71	$0.00	$188.71	$4,932.90
31	$188.71	$0.00	$188.71	$4,744.19
32	$188.71	$0.00	$188.71	$4,555.48
33	$188.71	$0.00	$188.71	$4,366.77
34	$188.71	$0.00	$188.71	$4,178.06
35	$188.71	$0.00	$188.71	$3,989.35
36	$188.71	$0.00	$188.71	$3,800.64
37	$188.71	$0.00	$188.71	$3,611.93
38	$188.71	$0.00	$188.71	$3,423.22
39	$188.71	$0.00	$188.71	$3,234.51
40	$188.71	$0.00	$188.71	$3,045.80
41	$188.71	$0.00	$188.71	$2,857.09
42	$188.71	$0.00	$188.71	$2,668.38
43	$188.71	$0.00	$188.71	$2,479.67
44	$188.71	$0.00	$188.71	$2,290.96
45	$188.71	$0.00	$188.71	$2,102.25
46	$188.71	$0.00	$188.71	$1,913.54
47	$188.71	$0.00	$188.71	$1,724.83
48	$188.71	$0.00	$188.71	$1,536.12
49	$188.71	$0.00	$188.71	$1,347.41
50	$188.71	$0.00	$188.71	$1,158.70
51	$188.71	$0.00	$188.71	$969.99
52	$188.71	$0.00	$188.71	$781.28
53	$188.71	$0.00	$188.71	$592.57
54	$188.71	$0.00	$188.71	$403.86
55	$188.71	$0.00	$188.71	$215.15
56	$188.71	$0.00	$188.71	$26.44
57	$188.71	$0.00	$188.71	$0.00

Formulas Used

Monthly Payment:

Where:
- ( M ) = monthly payment
- ( P ) = loan principal
- ( r ) = monthly interest rate (annual rate / 12)
- ( n ) = number of payments (loan term in years * 12)