Loan Amortization Calculator

Are you looking for a reliable Loan Amortization Calculator for your project, business, or app? I can create a professional, feature-rich calculator tailored to your exact needs!

What I Offer: ✅ Detailed Loan Amortization Tables:

Breakdown of payments into principal and interest Remaining balance after each payment Support for extra payments and custom payment schedules ✅ User-Friendly Interface:

Clean and intuitive design Customizable fields for loan amount, interest rate, payment frequency, and more

✅ Cross-Platform Compatibility:

Web-based calculators (React, Angular, or plain HTML/JavaScript) Mobile app integrations (Flutter, React Native) ✅ Custom API Development:

Integrate amortization functionality into your existing application Provide real-time calculations for user inputs Features:

Accurate Calculations: Get precise monthly payments, total interest, and principal amounts. Detailed Amortization Schedule: View a comprehensive breakdown of each payment with principal, interest, and balance. Custom Inputs: Adjust loan amount, interest rate, payment frequency, and extra payments to see how they affect your loan. Export Functionality: Export your amortization table to Excel for further analysis and record-keeping. User-Friendly Interface: Easy to use, with clear inputs and outputs for seamless loan management. Financial Planning: Ideal for homeowners, students, and financial planners looking to manage debt effectively.

Here's a description of each field in the documentation:

loan_amount: The principal amount of the loan, specified in the currency applicable to the loan. This value represents the total amount borrowed and should be entered as a numeric value (e.g., "10000" for $10,000).

annual_interest_rate: The yearly interest rate applied to the loan, expressed as a percentage. This rate is divided according to the payment frequency to calculate the interest due per payment period. For example, "10" represents a 10% annual interest rate.

num_payments: The total number of payments to be made over the loan term. This value corresponds to the total payment periods based on the chosen frequency. For instance, if the frequency is monthly, "12" would indicate 12 monthly payments.

extra_payment: Any additional amount paid per period towards the principal balance. This value is optional and can be used to reduce the principal more quickly, thereby decreasing the loan term and total interest paid. Specify as a numeric value, e.g., "0" if there is no additional payment.

frequency: The interval at which payments are made. This value impacts the calculation of the per-period interest and principal amounts. Accepted values include:

daily: Payments are made every day.

weekly: Payments are made once every week.

bi-weekly: Payments are made every two weeks.

monthly: Payments are made once a month.

yearly: Payments are made once a year.