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American Amortization System


In the amortization of financing, by American system the installments are equal to the interests, except for the last payment, when the principal is added to the interest of the last period.
To calculate the monthly payments, insert data as requested. Use the decimal point as separator. Ex 125,157.32 For the number, enter 125157.32; The results will be displayed automatically after click on "Calculate".

American Amortization System
Principal:
Period in months:
Monthly interest rate:
     
Total interest:
Total payments:
Amortization Table



                                         

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