Amortization Calculator
Create a detailed amortization schedule for your loan. With extra payments and remaining balance. Online calculator with current 2026 market rates and clear.
Monthly installment
1.375,00 €
Total interest
177.593,16 €
Term
29 Jahre
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
Frequently Asked Questions
What is an amortisation schedule?
An amortisation schedule shows for each month the split of the loan payment into interest and principal portions plus the remaining balance. It helps understand total loan costs and plan extra payments.
What initial repayment rate is recommended?
Experts recommend at least 2–3 %. At 1 % repayment and 4 % interest full repayment often takes 40+ years. 3 % repayment reduces the term to approx. 22 years.
What are extra repayments?
Extra repayments are payments beyond the regular instalment. They reduce the outstanding balance immediately and thus future interest payments. Many loans allow up to 5–10 % of the loan amount p.a. penalty-free.
What is the difference between annuity and instalment loan?
Annuity loan: constant payment, falling interest share, rising principal share. Instalment loan: constant principal + falling interest = falling total payment. The instalment loan has lower total interest but a higher initial burden.
What is the Amortization Calculator?
The amortisation calculator creates a full repayment schedule for annuity loans and shows how interest, principal and remaining debt evolve over the entire term.
How does the Amortization Calculator work?
Enter loan amount, interest rate and monthly payment (or repayment rate). For each month: interest portion = remaining debt × monthly rate; principal portion = payment − interest; new remaining debt = old debt − principal.
Key Data and Facts
Annuity loan: constant payment, falling interest share, rising principal share. Initial repayment 2 % at 4 % interest: term approx. 28 years. Annual overpayment of 5 % can shorten term by several years. Early repayment penalty possible before fixed-rate end.
Step-by-Step Guide
Step-by-step: 1. Enter loan, interest rate, fixed-rate period. 2. Choose repayment rate (min. 2 % recommended). 3. Calculate monthly payment: payment = loan × (rate + repayment) ÷ 12. 4. Read the amortisation schedule. 5. Plan overpayments to save on interest. 6. Calculate remaining debt for refinancing.
Calculation Example
Loan 200,000 EUR, 3.5 % interest, 2 % repayment: payment 916 EUR/month. Month 1: interest 583 EUR, principal 333 EUR. After 10 years: remaining debt approx. 158,000 EUR, interest paid approx. 66,000 EUR.
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