Reading an amortization schedule.
Each row of a loan's schedule shows the payment, its interest, its principal and the balance after it. How to read one and download your own.
By Suraj Kumar3 min read
An amortization schedule is the loan's story month by month. Here is how to read it.
Each row.
The payment, the interest on what was still owed, the principal it paid off, any extra, and the balance after it, with the date if you set the first payment.
Its shape.
Interest is largest at first and shrinks as the balance falls, so the principal part grows each month.
As a file.
Download it as CSV, a spreadsheet or a PDF, all made on your device.
Further reading
Topics: amortization schedule · amortization table · loan schedule · amortisation · loan amortization
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