Loan repayment schedule
View a complete repayment schedule for your loan. See monthly interest, principal repayment, and outstanding balance.
What is a repayment schedule?
A repayment schedule is an overview showing how a loan is repaid each month. It shows exactly what portion of your monthly payment consists of interest, what portion of principal repayment, and how much debt remains outstanding.
With this loan repayment schedule tool, you gain full insight into the structure of your loan over the entire term.
How does a repayment schedule work?
This tool assumes an annuity loan :
- fixed monthly amount
- falling interest rates
- increasing repayment
- remaining debt decreases every month
The monthly amount remains the same, but the ratio between interest and principal repayment changes.
When is a repayment schedule useful?
- insight into loan costs
- comparing loans
- financial planning
- studies and education
- transparency in credit
Who is this tool suitable for?
- consumers
- entrepreneurs
- students
- financial advisors
- everyone with a loan
Frequently Asked Questions
Is this gross or net? This schedule is gross, without tax effects.
Can I transfer extra repayments? Not yet, but this is easy to expand.
Is the monthly amount always exactly the same? With an annuity, yes, apart from rounding differences.