Mortgage Amortization Calculator Definitions. Loan amount: This is the amount you borrowed from your mortgage lender to cover the purchase of your home. Interest rate: Lenders charge interest in ...

The SBA loan calculator will also produce an amortization/payment schedule that shows how much of each payment will go toward the loan principal—and how much will go toward interest payments.

If a lender uses the simple interest method, it’s easy to calculate loan interest. You will need your principal loan amount, ...

The article How to Calculate Amortization and Depreciation on an Income Statement originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days.

How to Calculate Amortization. Calculating the amortization amount of any loan or asset (i.e., the amount of principal paid in any given time period) depends on the amortization method being used.