See exactly how each payment splits between principal and interest over the life of your loan, and how the balance falls year by year. Expand the full amortization schedule below the chart.
A table showing every payment split into principal and interest, with the remaining balance after each one. It reveals how little principal you pay in the early years.
Interest is charged on the outstanding balance, which is highest at the start — so early payments are mostly interest and only slowly shift toward principal.