{"id":29595,"date":"2024-01-16T17:18:22","date_gmt":"2024-01-16T17:18:22","guid":{"rendered":"https:\/\/swoopfunding.com\/ca\/amortization-calculator\/"},"modified":"2026-03-10T09:41:36","modified_gmt":"2026-03-10T09:41:36","slug":"amortization-calculator","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/amortization-calculator\/","title":{"rendered":"Amortization calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"29595\" class=\"elementor elementor-29595\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3132263 e-flex e-con-boxed e-con e-parent\" data-id=\"3132263\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a589fe7 elementor-widget elementor-widget-template\" data-id=\"a589fe7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"40824\" class=\"elementor elementor-40824\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7cb78f9a e-flex e-con-boxed e-con e-parent\" data-id=\"7cb78f9a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2ddc5409 e-con-full e-flex e-con e-child\" data-id=\"2ddc5409\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-494fc3a1 elementor-widget elementor-widget-heading\" data-id=\"494fc3a1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Amortization calculator<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dc26726 elementor-widget elementor-widget-text-editor\" data-id=\"5dc26726\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAn amortization calculator is a financial tool designed to assist businesses in understanding and planning the repayment of loans over time. It helps seeking clarity on your repayment journey and making informed financial decisions.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53a33df elementor-widget__width-inherit elementor-hidden-mobile elementor-widget elementor-widget-html\" data-id=\"53a33df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n<script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n\n\n\n\n<div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"53aa8807dec7e10d38f59f32\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"95px\" data-style-width=\"160px\" data-theme=\"light\" data-token=\"75678bf0-071e-4356-8a6b-93beb5a68f32\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24aed85c elementor-widget elementor-widget-ucaddon_last_updated\" data-id=\"24aed85c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_last_updated.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n<div id=\"last-updated-container\" class=\"\">\n\n <script id=\"last-updated-schema\" type=\"application\/ld+json\">\n        {\n          \"@context\": \"https:\/\/schema.org\",\n          \"@type\": \"Article\",\n          \"headline\": \"Amortization calculator\",\n          \"image\": [\"https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683.jpg\"],\n          \"datePublished\": \"2024-01-16T17:18:22+00:00\",\n          \"dateModified\": \"2026-03-10T09:41:36+00:00\",\n          \"author\": [{\n              \"@type\": \"Person\",\n              \"name\": \"Ian Hawkins\",\n              \"url\": \"https:\/\/swoopfunding.com\/ca\/author\/ian-hawkins\/\"\n            }]\n        }\n    <\/script>\n \n <div class=\"last-updated view-user\" style=\"justify-content: left;\">\n \n <div class=\"info-left\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/author\/ian-hawkins\/\" aria-label=\"Ian Hawkins\">\n <picture loading=\"lazy\" decoding=\"async\" class=\"attachment-large size-large\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/ian.webp\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/ian.webp?is-pending-load=1\" alt=\"Ian Hawkins\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <\/picture>\n <\/a>\n <\/div>\n \n <div class=\"info-right\">\n <p>Page written by <a href=\"https:\/\/swoopfunding.com\/ca\/author\/ian-hawkins\/\">Ian Hawkins<\/a>. <span>Last reviewed on March 10, 2026<\/span>. <span>Next review due April 1, 2027.\n <\/span>\n <\/p>\n\n <\/div>\n\n <\/div>\n<\/div>\n\n<div id=\"externalTooltipContent\" style=\"display: none;\">\n <div class=\"top-info\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/ian.webp\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/ian.webp?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <div class=\"text\">\n <div class=\"name-author\">Ian Hawkins<\/div>\n <div class=\"role-user\">Head of Content<\/div>\n <\/div>\n <\/div>\n <div class=\"description\">Ian Hawkins is Head of Content at Swoop. As a freelance business journalist and filmmaker he has reported from Europe, Central and North America and Africa. His films and writing have appeared on BBC World, Reuters and CBS, and he has spoken at conferences on both sides of the Atlantic on subjects including data, cyber security, and entrepreneurialism.<\/div>\n<\/div>\n\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed25914 elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"ed25914\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t <div id=\"breadcrumbs-container\" class=\"left\">\n <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav> <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3be5c62d e-con-full elementor-hidden-mobile e-flex e-con e-child\" data-id=\"3be5c62d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7dffd8a2 elementor-widget elementor-widget-image\" data-id=\"7dffd8a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-1024x682.jpg\" class=\"attachment-large size-large wp-image-40823\" alt=\"\" srcset=\"https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-1024x682.jpg 1024w, https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-300x200.jpg 300w, https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-768x512.jpg 768w, https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-30x20.jpg 30w, https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator-80x53.jpg 80w, https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2026\/03\/image-calculator.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-028a20b e-flex e-con-boxed e-con e-parent\" data-id=\"028a20b\" data-element_type=\"container\" data-e-type=\"container\" id=\"calculator\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0496120 elementor-widget elementor-widget-ucaddon_amortization_calculator\" data-id=\"0496120\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_amortization_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n<div class=\"form-calculator\" >\n <div class=\"left_column\">\n\n <form id=\"amortization-calculator\">\n <div class=\"form-group\">\n <label for=\"loanAmount\">Loan amount<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input type=\"text\" class=\"form-control mask-money\" id=\"loanAmount\" value=\"330000\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">.00<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"loanTerm\">Loan term<\/label>\n <div class=\"tag-number\">\n <span id=\"loanTermValue\" class=\"value-tag\">20<\/span> years <\/div>\n <\/div>\n <input type=\"range\" class=\"slider\" id=\"loanTerm\" min=\"10\" max=\"30\" step=\"5\" value=\"20\" aria-label=\"\">\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"interestRate\">Interest rate<\/label>\n <div class=\"tag-number\">\n <span id=\"interestRateValue\" class=\"value-tag\">4<\/span>%\n <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" id=\"interestRate\" min=\"1\" max=\"10\" step=\"0.1\" value=\"4\" aria-label=\"\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"loanStartDate\">Loan start date<\/label>\n <input type=\"text\" class=\"form-control\" id=\"loanStartDate\">\n <\/div>\n <\/form>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n \n <div class=\"right_column\">\n <p class=\"title\">Your results<\/p>\n\n <p class=\"title-result\">Monthly payment<\/p>\n <p class=\"number-result\">$<span id=\"monthlyPayment\"><\/span><\/p>\n\n <p class=\"title-result\">Weekly payment<\/p>\n <p class=\"number-result\">$<span id=\"weeklyPayment\"><\/span><\/p>\n\n <p class=\"title-result\">Daily payment<\/p>\n <p class=\"number-result\">$<span id=\"dailyPayment\"><\/span><\/p>\n\n <p class=\"title-result\">Total interest paid<\/p>\n <p class=\"number-result\">$<span id=\"totalInterest\"><\/span><\/p>\n\n <p class=\"title-result\">Total cost of loan<\/p>\n <p class=\"number-result\">$<span id=\"totalCost\"><\/span><\/p>\n\n <p class=\"title-result\">Number of payments<\/p>\n <p class=\"number-result\"><span id=\"numPayments\"><\/span><\/p>\n\n <p class=\"title-result\">Payoff date<\/p>\n <p class=\"number-result\"><span id=\"payoffDate\"><\/span><\/p>\n\n <a href=\"https:\/\/app.swoopfunding.ca\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\" rel=\"noopener\">Borrow $<span id=\"resultCTA\"><\/span><\/a>\n\n <\/div>\n\n<\/div>\n\n<div class=\"tab-content\">\n \n <ul class=\"nav nav-tabs\" id=\"myTabs\">\n <li class=\"nav-item\">\n <a class=\"nav-link active\" id=\"chart-tab\" data-toggle=\"tab\" href=\"#chartTab\">Chart<\/a>\n <\/li>\n <li class=\"nav-item\">\n <a class=\"nav-link\" id=\"schedule-tab\" data-toggle=\"tab\" href=\"#scheduleTab\">Schedule<\/a>\n <\/li>\n <\/ul>\n\n \n <div class=\"tab-pane fade show active\" id=\"chartTab\">\n <h4>How payments change over the life of a <span id=\"loanTermYears\">20<\/span> year loan<\/h4>\n <canvas id=\"lineChart\"><\/canvas>\n <\/div>\n\n \n <div class=\"tab-pane fade\" id=\"scheduleTab\">\n <h4>Amortization schedule breakdown<\/h4>\n <div id=\"accordion\"><\/div>\n <\/div>\n<\/div>\n\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a2df328 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a2df328\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0de743c\" data-id=\"0de743c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f93823 elementor-widget elementor-widget-heading\" data-id=\"7f93823\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an amortization?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a0de0f4 elementor-widget elementor-widget-text-editor\" data-id=\"a0de0f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Amortization refers to the process of paying off a loan through regular payments over time. These payments are split between reducing the principal\u2014the initial amount you borrowed\u2014and paying the interest, which is the cost of borrowing that principal. It is a term you&#8217;ll encounter with home mortgages, car loans, and other types of installment loans. It&#8217;s a systematic way for borrowers to manage their repayments and for lenders to receive a steady stream of payments. Plus, it helps you see exactly where your money is going each month, making financial planning a bit easier.<\/p><p>Imagine you\u2019ve taken out a mortgage in Ontario. At the start of your loan, say the first few years, your payments will primarily cover the interest. Over time, the principal starts taking up a bigger portion of those payments, steadily chipping away at the total amount you owe. In Canada, amortization periods for mortgages typically range from 15 to 30 years. Knowing your amortization schedule can help you make extra payments strategically, potentially saving you a significant amount in interest over the life of the loan.<\/p><p>Understanding amortization helps you plan your finances better and ensures you&#8217;re prepared for how your loan repayments will change over time. It\u2019s all about making informed decisions and managing your debt smartly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b0c090 elementor-widget elementor-widget-heading\" data-id=\"5b0c090\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an amortization schedule?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-965146d elementor-widget elementor-widget-text-editor\" data-id=\"965146d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"flex-1 overflow-hidden\"><div class=\"react-scroll-to-bottom--css-maqmk-79elbk h-full\"><div class=\"react-scroll-to-bottom--css-maqmk-1n7m0yu\"><div class=\"flex flex-col pb-9 text-sm\"><div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-23\"><div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\"><div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\"><div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\"><div class=\"flex-col gap-1 md:gap-3\"><div class=\"flex flex-grow flex-col max-w-full\"><div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"8ed689ca-57a1-44d9-be79-6cd653749d2b\"><div class=\"markdown prose w-full break-words dark:prose-invert light\"><p>An amortization schedule is a detailed table or spreadsheet that outlines the systematic repayment of a loan over time. It provides a comprehensive breakdown of each loan payment, specifying how much of each payment goes toward reducing the <a href=\"https:\/\/swoopfunding.com\/ca\/business-glossary\/obligations\/\">principal<\/a> amount and how much is allocated to cover interest expenses.\u00a0<\/p><p>The schedule outlines each installment payment into two primary components:<\/p><ul><li style=\"list-style-type: none;\"><ul><li><strong>Principal payment:<\/strong> The portion of the payment that goes towards reducing the outstanding loan amount.<\/li><li><strong>Interest payment:<\/strong> The amount allocated to cover the <a href=\"https:\/\/swoopfunding.com\/ca\/business-glossary\/accrued-interest\/\">interest accrued<\/a> on the remaining loan balance<\/li><\/ul><\/li><\/ul><p>Furthermore, the schedule displays the remaining balance of the loan at the beginning and end of each period. As the loan is repaid, the outstanding balance gradually decreases. Additionally, it provides transparency into the total cost of borrowing and can be a valuable tool for comparing different loan options.\u00a0<\/p><h3>How does an Amortization schedule work?<\/h3><p>An amortization schedule is your go-to guide for knowing how each payment breaks down. Early on in the loan, most of your payment goes towards the interest, but as time passes, a larger chunk goes towards the principal. This gradual shift ensures that by the end of your loan term, you&#8217;ve fully paid off both the principal and the interest.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68abd31 elementor-widget elementor-widget-heading\" data-id=\"68abd31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to calculate amortization?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-072c829 elementor-widget elementor-widget-text-editor\" data-id=\"072c829\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-maqmk-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-maqmk-1n7m0yu\">\n<div class=\"flex flex-col pb-9 text-sm\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-23\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"8ed689ca-57a1-44d9-be79-6cd653749d2b\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>To use the mortgage amortization calculator, follow these simple steps:<\/p>\n<ul>\n<li><b>Input your loan amount:<\/b>&nbsp;In the \u201cLoan amount\u201d field, enter the sum you\u2019re borrowing.<\/li>\n<li><b>Define your loan term:<\/b>&nbsp;In the \u201cLoan term\u201d section, specify the duration of your loan. Whether it\u2019s 30 years, 15 years, or another timeframe, tailor it to fit your financial goals.<\/li>\n<li><b>Set your interest rate:<\/b>&nbsp;Enter the interest rate applicable to your mortgage in the \u201cInterest rate\u201d field.<\/li>\n<li><b>Select your loan start date:<\/b>&nbsp;Choose the month when you made your inaugural payment in the \u201cLoan start date\u201d field.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0dbd82e elementor-widget elementor-widget-heading\" data-id=\"0dbd82e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How can an amortization calculator help me?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-322d2ad elementor-widget elementor-widget-text-editor\" data-id=\"322d2ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An amortization calculator is a powerful financial tool that can assist businesses in various ways by providing detailed insights into the repayment of loans. Here are several ways in which an amortization calculator can be beneficial:<\/p><ol><li><p><strong>Payment planning and budgeting: <\/strong>An amortization calculator helps you estimate the monthly payments required to repay a loan. Understanding the monthly payment amount allows for better budgeting and financial planning.<\/p><\/li><li><p><strong>Visualization of loan repayment: <\/strong>The calculator generates an amortization schedule, which shows the gradual reduction of the principal amount and the declining interest payments over time. It outlines how much of each payment is allocated to the principal and how much is attributed to interest.\u00a0<\/p><\/li><li><p><strong>Comparison of loan options:\u00a0<\/strong>Our calculator enables you to compare various loan scenarios by adjusting the different parameters. Furthermore, it provides the total interest paid over the life of the loan. This information is key to assess the overall cost of borrowing.<\/p><\/li><li><p><strong>Financial decision support:\u00a0<\/strong>The calculator empowers you to make informed financial decisions by providing a clear understanding of the long-term implications of a loan &#8211; assisting in evaluating whether a loan aligns with your financial goals and constraints.\u00a0<\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-176f423 e-flex e-con-boxed e-con e-parent\" data-id=\"176f423\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-55bea2d elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"55bea2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_auto_page_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n\n\n <div class=\"container-auto-page-related\">\n <p class=\"title-related text-center\">All calculators<\/p>\n <div class=\"auto-page-related\">\n <ul>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/adr-calculator\/\">ADR calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/apy-calculator\/\">APY calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/acid-test-ratio-calculator\/\">Acid test ratio calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/amortization-calculator\/\">Amortization calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/asset-finance-calculator\/\">Asset finance calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/auto-loan-calculator\/\">Auto loan calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/basis-point-calculator\/\">Basis point calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/bond-yield-calculator\/\">Bond yield calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/break-even-calculator\/\">Break even calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/\">Business loan calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/business-valuation-calculator\/\">Business valuation calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/ceba-loan-forgiveness-calculator\/\">CEBA loan forgiveness calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/car-finance-calculator\/\">Car finance calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/car-finance-settlement-calculator\/\">Car finance settlement calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/cash-flow-calculator\/\">Cash flow calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/commercial-mortgage-calculator\/\">Commercial mortgage calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/compound-annual-growth-rate-calculator\/\">Compound annual growth rate calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/compound-interest-calculator\/\">Compound interest calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/cost-of-equity-calculator\/\">Cost of equity calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/currency-converter\/\">Currency converter <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/debt-service-coverage-ratio-dscr-calculator\/\">Debt service coverage ratio calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/depreciation-calculator\/\">Depreciation calculator (straight-line method) <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/development-finance-calculator\/\">Development finance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/ebitda-calculator\/\">EBITDA calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/franchise-loan-calculator\/\">Franchise loan calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/inflation-calculator\/\">Inflation calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/internal-rate-of-return-calculator\/\">Internal rate of return calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/invoice-finance-calculator\/\">Invoice finance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/asset-finance-calculator\/lease-calculator\/\">Lease calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/line-of-credit-calculator\/\">Line of credit calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/loan-comparison-calculator\/\">Loan comparison calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/loss-ratio-calculator\/\">Loss ratio calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/marginal-cost-calculator\/\">Marginal cost calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/merchant-cash-advance-calculator\/\">Merchant cash advance (MCA) calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/mortgage-overpayment-calculator\/\">Mortgage overpayment calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/net-present-value-calculator\/\">Net present value calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/net-profit-margin-calculator\/\">Net profit margin calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/operating-margin-calculator\/\">Operating margin calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/overdraft-calculator\/\">Overdraft calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/paypal-fee-calculator\/\">PayPal fee calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/percentage-calculator\/\">Percentage calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/pre-money-valuation-calculator\/\">Pre money valuation calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/price-elasticity-of-demand-calculator\/\">Price elasticity of demand calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/price-per-square-foot-calculator\/\">Price per square foot calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/price-to-earnings-calculator\/\">Price to earnings calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/rate-of-return-calculator\/\">Rate of return calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/refinance-calculator\/\">Refinance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/rent-vs-buy-calculator\/\">Rent vs. buy calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/rental-yield-calculator\/\">Rental yield calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/return-on-capital-employed-calculator\/\">Return on capital employed calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/return-on-investment-calculator\/\">Return on investment calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/revenue-calculator\/\">Revenue calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/sales-tax-calculator\/\">Sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/savings-calculator\/\">Savings calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/ca\/business-loan-calculator\/wacc-calculator\/\">Weighted average cost of capital calculator <\/a>\n <\/li>\n <\/ul>\n <div class=\"container_bt\">\n <button class=\"bt_see_more\" href=\"javascript:void(0);\" aria-label=\"See more\">See more<\/button>\n <\/div>\n <div id=\"grey-out\"><\/div>\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d45f3f1 e-con-full e-flex e-con e-parent\" data-id=\"d45f3f1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d62805 elementor-widget elementor-widget-template\" data-id=\"9d62805\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11997\" class=\"elementor elementor-11997\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-5f19513 e-con-full e-flex e-con e-parent\" data-id=\"5f19513\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-565afd7 e-flex e-con-boxed e-con e-child\" data-id=\"565afd7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7f5fdee e-con-full e-flex e-con e-child\" data-id=\"7f5fdee\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6179649 elementor-widget elementor-widget-heading\" data-id=\"6179649\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Ready to grow your business?<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d271e19 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d271e19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/app.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc531b6 elementor-widget elementor-widget-html\" data-id=\"dc531b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n<script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n\n\n\n\n<div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"53aa8807dec7e10d38f59f32\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"95px\" data-style-width=\"160px\" data-theme=\"dark\" data-token=\"75678bf0-071e-4356-8a6b-93beb5a68f32\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5e54657 e-con-full cta-mobile-fixed elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"5e54657\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position&quot;:&quot;fixed&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-831c9c2 elementor-widget elementor-widget-ucaddon_floating_cta\" data-id=\"831c9c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_floating_cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t<style type=\"text\/css\">\/* widget:Floating CTA *\/\n\n.container-floating-cta a{\n font-weight:700;\n border-style:solid;\n border-width:1px 1px 1px 1px;\n color:#FFFFFF;\n border-radius:50px 50px 50px 50px;\n width:100%;\n text-align:center;\n display:block;\n padding:6px 24px;\n transition:all 0.3s;\n}\n\n.container-floating-cta a:hover{\n background:#fff;\n color:#003E52;\n text-decoration:none;\n}\n\n.trustpilot-widget-floating-cta{\n margin-top:12px;\n}\n\n<\/style>\n\n\t\t\t\n<div class=\"container-floating-cta\">\n <a href=\"#calculator\" class=\"btn-floating-cta\">Calculate now<\/a>\n<\/div>\n\n<div class=\"trustpilot-widget-floating-cta\">\n \n <script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n \n\n \n <div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"5419b732fbfb950b10de65e5\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"24px\" data-style-width=\"100%\" data-theme=\"dark\" data-token=\"6307e816-53aa-4589-828c-b174e8417264\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n <\/div>\n \n<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>An amortization calculator is a financial tool designed to assist businesses in understanding and planning the repayment of loans over time. It helps seeking clarity on your repayment journey and making informed financial decisions.<\/p>\n","protected":false},"author":43,"featured_media":31637,"parent":17791,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-29595","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683.jpg",1024,683,false],"thumbnail":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-150x150.jpg",150,150,true],"medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-300x200.jpg",300,200,true],"medium_large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-768x512.jpg",768,512,true],"large":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683.jpg",1024,683,false],"2048x2048":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683.jpg",1024,683,false],"image_blog":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-408x252.jpg",408,252,true],"image_blog_full":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-1024x660.jpg",1024,660,true],"image_podcast":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-397x298.jpg",397,298,true],"image_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-30x20.jpg",30,20,true],"image_blog_internal":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-840x480.jpg",840,480,true],"image_blog_medium":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-1024x500.jpg",1024,500,true],"image_single_banking":["https:\/\/swoopfunding.com\/ca\/wp-content\/uploads\/sites\/2\/2024\/05\/person-using-black-desk-calculator-5915236-1024x683-80x53.jpg",80,53,true]},"post_excerpt_stackable_v2":"<p>An amortization calculator is a financial tool designed to assist businesses in understanding and planning the repayment of loans over time. It helps seeking clarity on your repayment journey and making informed financial decisions.<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Ian Hawkins","url":"https:\/\/swoopfunding.com\/ca\/author\/ian-hawkins\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/comments?post=29595"}],"version-history":[{"count":35,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29595\/revisions"}],"predecessor-version":[{"id":40854,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/29595\/revisions\/40854"}],"up":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/pages\/17791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/media\/31637"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/media?parent=29595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}