What Are Some Reliable Amortization Calculators?


Quick Answer

Some reliable amortization calculators are available through AgStar Financial Services, Bankrate and Century 21. Monthly loan repayment amounts provided through amortization calculators are estimates only, and borrowers should meet with a loan officer to determine exact payment amounts, states AgStar.

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Full Answer

Most amortization calculators provide quick payment calculations using metrics such as payment type, amount, terms and interest rates. The calculators typically also offer a quick amortization table that defines payment dates and shows how much of the payment is applied to the principal and how much is applied to the interest and the remaining principal balance after each payment, notes Bankrate.

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