You are here:

# Calculators :: Financial :: Amortization Calculator

**Amortization is a repayment of a loan in an equal periodic payments.**

This amortization calculator lets you estimate your monthly loan repayments.
The calculator will generate a **detailed explanation** on how to create an amortization payment schedule for input loan terms.
Click here to view some problem which can be solved by using this calculator.

## Polynomial Calculators

Find Roots, Factor, Expand, Simplify, Graph,...

##
Rational Expressions

Simplify, Multiply, Divide, Add, Subtract

## Radical expressions

Rationalize, Simplify

## Solving Equations

Solve Quadratic, Polynomial or Rational Equation

## Quadratic equation

Solving, Factoring, Graphing,...

## Plane Geometry

Triangle, Sine/Cosine Law, Square, Rectangle

## Complex numbers

Operations, Polar Form, Simplifying, Inverse,...

## Systems of equations

Systems 2x2, 3x3 and 4x4

## Vectors and Matrices

2D/3D Vectors, Matrix Determinant & Inverse

## Calculus Calculators

Limits, Derivatives, Integrals

## Sequences Calculators

Arithmetic, Geometric

## Analytic Geometry

Line, Triangle, Circle,...

## Trigonometry Calculators

Degrees, Radians, Equations

## Numbers

Fractions, LCM, GCD, Prime Numbers,Percentages...

## Statistics Calculators

Descriptive, Dispersion, Normal Dist., Regression,..

## Financial Calculators

Simple-Compound Interest, Amortization, Annuity

## Other Calculators

Sets, Work Problems

## Amortization Problems

This is a list of the example problems which can be solved by using this calculator.

**Example 1:**
What is the monthly payment on a mortgage of **\$12000** with annual interest rate of **5.5%** that runs for **10 years**.

**Example 2:**
If a mortgage is amortized over **10 months** at an interest rate of **7%** and monthly payments of **$25.3**, what is the original value of the mortgage?

**Example 3:**
You want to take out a mortgage for **\$50000** with monthly payments at **4.5%**, and you can
afford **\$550** per month payments. How long would you have to make payments to pay off the mortgage.

**Example 4:**
What is the interest rate on a mortgage of **\$23000** with an **\$350** monthly payments
that runs for **10 years**.

100 108 359 solved problems