Why use the Amortization calculator?
You can quickly perform AMORTIZATION calculation using MYcalcu without any error. It is a free tool, and it provides the eased accessibility to online calculations without any payment or login restraints.
HOW MYCALCU FINDS AMORTIZATION?
Mycalcu uses the following formula to find AMORTIZATION:
A (per period amount)= P (basic loan amount) x [((r) interest rate((1+r))n
÷ ((1+r) n(total number of payments)-1)]
However, you don’t have to get into the complexities. Because, Mycalcu would do it for you.
HOW TO USE MyCalcu AMORTIZATION CALCULATOR?
Using MyCalcu is super easy. Just carefully fill-in all the values and click calculate.