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Loan Amortization Schedule Calculator

Calculate your monthly loan payment and see a full amortization schedule showing principal, interest, and remaining balance for each month.

Loan Amount

₫

Annual Interest Rate (%)

Loan Term (Months)

months

Fill in the fields above and click Calculate to see your results.

How to use

Calculate your monthly loan payment and see a full amortization schedule showing principal, interest, and remaining balance for each month.

How it's calculated

Monthly Interest Rate

annual_rate / 100 / 12

Monthly interest rate used in calculations

Monthly Payment

loan_amount * monthly_rate * pow(1 + monthly_rate, term_months) / (pow(1 + monthly_rate, term_months) - 1)

Fixed monthly payment amount

Total Payment

monthly_payment * term_months

Total amount paid over the loan term

Total Interest

total_payment - loan_amount

Total interest paid over the loan term

Examples

500M VND at 9% for 120 months (10 years)

Annual Interest Rate (%):9
Loan Amount:500,000,000
Loan Term (Months):120

1B VND at 8% for 240 months (20 years)

Annual Interest Rate (%):8
Loan Amount:1,000,000,000
Loan Term (Months):240

Frequently Asked Questions

What is a loan amortization schedule?

A loan amortization schedule is a table showing each periodic payment on a loan over time. It breaks down how much of each payment goes toward principal and how much goes toward interest, along with the remaining balance after each payment.

Why does more of my early payments go to interest?

In the early months, your outstanding balance is highest, so the interest portion of each payment is largest. As you pay down the principal, the interest portion decreases and the principal portion increases — this is how amortization works.

Can I pay off my loan early?

Yes. Making extra payments toward the principal reduces your outstanding balance faster, which means you pay less total interest and can pay off the loan ahead of schedule. Check with your lender for any prepayment penalties.