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Financial Calculators , Mortgage Calculators: Fixed Mortgage, Adjustable Rate Mortgages ARM, Mortgage APR Calculators and More! Financial Calculators you can put on your website! Colorful, interactive, graphing financial calculators. Free downloads! Calculator Trial Period Ended For:, KJE Calculator License Not Found for:, Free Financial Calculators

Composition of Loan Payments

Any loan payment is a combination of principal and interest. As a loan is amortized by equal regular payments, later payments are comprised of more principal but less interest than earlier payments. The purpose of this calculator is to enable you to make a visual comparison of the interest/principal composition of any two payments.