A mortgage amortization calculator can be a helpful tool to estimate ... However, this will reverse over time, and you’ll eventually pay more toward the principal and less toward interest ...

and launched its first online reverse mortgage calculator. By the mid-2000s, the company had developed other tools including amortization schedules, term loans and APRs and program selection.

If you have a mortgage or similar loan, our amortization calculator will tell you how each of your monthly payments breaks down—and how close you are to paying off the loan completely.