Keyword | CPC | PCC | Volume | Score | Length of keyword |
---|---|---|---|---|---|

bankrate amortization calculator | 1.57 | 0.1 | 4012 | 94 | 32 |

bankrate | 1.44 | 0.3 | 2972 | 17 | 8 |

amortization | 0.48 | 0.8 | 673 | 99 | 12 |

calculator | 0.31 | 0.6 | 9797 | 62 | 10 |

Keyword | CPC | PCC | Volume | Score |
---|---|---|---|---|

bankrate amortization calculator | 0.22 | 0.7 | 8051 | 14 |

bankrate amortization calculator loan | 0.87 | 0.4 | 8690 | 14 |

bankrate amortization calculator auto | 1.09 | 0.7 | 9687 | 11 |

bankrate amortization calculator mortgage | 1.17 | 0.6 | 6186 | 11 |

bankrate amortization calculator schedule | 1.92 | 0.4 | 3302 | 47 |

bankrate amortization calculator auto loan | 0.99 | 0.3 | 5599 | 93 |

bankrate amortization calculator payment auto | 1.62 | 0.5 | 6813 | 77 |

bankrate amortization calculator with balloon | 1.41 | 0.7 | 7023 | 38 |

You can also see the loan amortization schedule, or how your debt is reduced over time with monthly principal and interest payments. If you want to pay off a mortgage before the loan term is over, you can use the calculator to figure out how much more you must pay each month to achieve your goal.

In the context of a loan, amortization is when you pay off a debt on a regular, fixed schedule. Often, within the first few years, the bulk of your monthly payments will go toward interest. Say you have an auto loan with a monthly payment of $500. Your first month’s payment might breakdown into $350 toward interest and $150 toward the principal.

Bankrate’s mortgage calculator gives you a monthly payment estimate after you input the home price, your down payment, the interest rate and length of the loan term. Use the calculator to price different scenarios. You might discover you need to adjust your down payment to keep your monthly payments affordable.

An amortization schedule is a table that lists each regular payment on a mortgage over time. A portion of each payment is applied toward the principal balance and interest, and the amortization schedule details how much will go toward each component of your mortgage payment.