Loan Repayment Schedule
View a complete repayment schedule for your loan. See the interest, principal repayment and remaining balance for each month.
What is a repayment schedule?
A repayment schedule is an overview that shows how a loan is repaid each month. It shows exactly how much of your monthly payment consists of interest, how much goes towards principal repayment and how much debt remains outstanding.
With this loan repayment schedule tool, you get a complete overview of how your loan is structured over its full term.
How does a repayment schedule work?
This tool is based on an amortizing loan:
- fixed monthly payment
- decreasing interest
- increasing principal repayment
- the remaining balance decreases each month
The monthly payment remains the same, but the ratio between interest and principal repayment changes.
When is a repayment schedule useful?
- understanding loan costs
- comparing loans
- financial planning
- studies and education
- credit transparency
Who is this tool suitable for?
- consumers
- business owners
- students
- financial advisers
- anyone with a loan
Frequently asked questions
Is this gross or net? This schedule is gross, without tax effects.
Can I include extra repayments? Not yet, but this can easily be added.
Is the monthly payment always exactly the same? For an amortizing loan, yes, apart from rounding differences.