money
Loan
Monthly payment, total interest, and the full schedule for any loan.
Where the money goes
Year by year
| Year | Interest paid | Principal paid | Still owed |
|---|
This is the standard amortising calculation every lender uses. It does not include fees, insurance or tax, so a real quote will be a little higher: the point here is to see how much of each payment is interest early on, and how sharply extra payments cut that.