Calculate payments and schedules for Amortized Loans, Deferred Payment Loans, and Bond-style loans.
| Period | Beginning Balance | Payment | Interest | Principal | Ending Balance |
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| Period | Beginning Balance | Interest | Ending Balance |
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| Period | Beginning Balance | Interest | Ending Balance |
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The most common type of loan (mortgages, auto loans, personal loans). You pay a fixed amount periodically that covers both interest and principal. The payment stays the same, but the proportion of principal vs interest changes over time.
You receive the loan now but don't make any payments until the end of the term. Interest accrues on the full amount, and you pay back the entire principal + accumulated interest in one lump sum at maturity.
Similar to deferred payment, but the amount you will repay at maturity is fixed in advance (the face value). The amount you receive today is the present value of that future payment discounted at the current interest rate.