Loan Amortization Schedule & Prepayment Calculator

Detailed loan repayment schedule showing month-by-month principal reduction and interest savings from extra prepayments.

Key Features

• Month-by-month and year-by-year repayment schedules
• Simulates monthly extra prepayment interest savings
• Export full schedule to Microsoft Excel (.xlsx) and Google Sheets
• Clear principal vs interest payment chart

Frequently Asked Questions

How do extra prepayments reduce total loan cost?

Extra prepayments reduce your outstanding principal balance directly, which exponentially cuts down future compounding interest charges.