This is very similar to the Monthly Payment Loan Calculator above. However, instead of just being able to input extra monthly payments, you can input extra quarterly, semiannual, annual or one time only payments -- and print-out or save an amortization schedule.
This Loan Calculator deals with a fixed principal payment and varying interest payment. Therefore, the payment is different (and decreases) each month. Use it as an interest only loan calculator by entering 0 in the 'Payment' field.
Please support this website by sharing it with your friends and family.