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Amortization Calculator

The amortization calculator estimates how much money will be paid over the life of the loan for principal and interest. The calculator breaks down payments into interest and principal. The amortization calculator also provides a detailed amortization schedule that breaks down payments into interest and principal in the advanced report.

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    Amortization Calculator Help

    The amortization calculator estimates how much money will be paid over the life of the loan for principal and interest. The calculator breaks down payments into interest and principal. The amortization calculator also provides a detailed amortization schedule that breaks down payments into interest and principal in the advanced report.

    LOAN AMOUNT
    This is the amount specified in the mortgage contract that the borrower agrees to pay back.
    LOAN TERM
    This is the length of time you choose to pay off your loan (e.g., 30 years, 20 years, 15 years, etc.)
    INTEREST RATE
    This is the interest rate for the loan you will receive. It is pre-filled with the current 30-yr fixed average rate on Zillow.
    ADVANCED REPORT
    Click on the Advanced Report link to see a printable report that includes mortgage principal and interest payment breakdowns, total principal and interest payments, and a full mortgage principal and interest amortization calculation (table and chart). Amortization table includes ability to view amortization by year or by month.

    More Resources from Rooted and Company

    Let’s talk about your goals in the home buying or investing process and discuss the best path forward. Please give us a call at 801.449.0602 or send an email to connect@rootedandcompany.com to get in touch.

    Providing the Most Accurate Estimate With Competitive Market Analysis Process.

    We provide the most accurate value of a home for sale. This is over 2x likely to be within 3% of the home’s selling price as other top online home-value estimators. This is not a formal appraisal or substitute for the in-person expertise of a real estate agent or professional appraiser.

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