 This is a calculator you may never need. I created it because I wanted to see what would happen if you got a loan with a fixed principal payment instead of the normal loan that has a fixed (principal + interest) payment.Other uses for this calculator: INTEREST ONLY CALCULATOR
Simply enter 0 for the Monthly Payment (Principal Only), fill in ALL of the other fields and press View Amortization Schedule.
 PRINCIPAL ONLY CALCULATOR
Simply enter 0 for the Interest Rate, fill in 2 of the other fields and press the button under the field for which you'd like to calculate. Select the date the first payment is due and press View Amortization Schedule.
 

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