{"id":26294,"date":"2024-01-16T17:18:22","date_gmt":"2024-01-16T17:18:22","guid":{"rendered":"https:\/\/swoopfunding.com\/us\/?page_id=26294"},"modified":"2026-03-11T09:00:58","modified_gmt":"2026-03-11T09:00:58","slug":"amortization-calculator","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/amortization-calculator\/","title":{"rendered":"Amortization calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"26294\" class=\"elementor elementor-26294\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56eaaae e-flex e-con-boxed e-con e-parent\" data-id=\"56eaaae\" 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-57243b6 elementor-widget elementor-widget-template\" data-id=\"57243b6\" 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=\"45390\" class=\"elementor elementor-45390\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f97e875 e-flex e-con-boxed e-con e-parent\" data-id=\"4f97e875\" 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-35e90f06 e-con-full e-flex e-con e-child\" data-id=\"35e90f06\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7911eb50 elementor-widget elementor-widget-heading\" data-id=\"7911eb50\" 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-253759a elementor-widget elementor-widget-text-editor\" data-id=\"253759a\" 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-75396f4e elementor-widget__width-inherit elementor-hidden-mobile elementor-widget elementor-widget-html\" data-id=\"75396f4e\" 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-4d1967f2 elementor-widget elementor-widget-ucaddon_last_updated\" data-id=\"4d1967f2\" 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          \n          \"datePublished\": \"2024-01-16T17:18:22+00:00\",\n          \"dateModified\": \"2026-03-11T09:00:58+00:00\",\n          \"author\": [{\n              \"@type\": \"Person\",\n              \"name\": \"Ian Hawkins\",\n              \"url\": \"https:\/\/swoopfunding.com\/us\/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\/us\/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\/us\/author\/ian-hawkins\/\">Ian Hawkins<\/a>. <span>Last reviewed on March 11, 2026<\/span>. <span>Next review due October 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-2f38b427 elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"2f38b427\" 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-65439b7 e-con-full elementor-hidden-mobile e-flex e-con e-child\" data-id=\"65439b7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1bb2776c elementor-widget elementor-widget-image\" data-id=\"1bb2776c\" 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\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-1024x682.jpg\" class=\"attachment-large size-large wp-image-45389\" alt=\"\" srcset=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-1024x682.jpg 1024w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-300x200.jpg 300w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-768x512.jpg 768w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-30x20.jpg 30w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2026\/03\/image-calculator-80x53.jpg 80w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/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\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\" id=\"calculator\">\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-7581339 elementor-widget elementor-widget-ucaddon_amortization_calculator\" data-id=\"7581339\" 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:\/\/us.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<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-3ed21df e-flex e-con-boxed e-con e-parent\" data-id=\"3ed21df\" 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-1a23281 elementor-widget elementor-widget-heading\" data-id=\"1a23281\" 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-f38edb0 elementor-widget elementor-widget-text-editor\" data-id=\"f38edb0\" 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\/us\/business-glossary\/principal\/\">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 interest accrued 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><\/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-826bc21 elementor-widget elementor-widget-heading\" data-id=\"826bc21\" 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-733b24c elementor-widget elementor-widget-text-editor\" data-id=\"733b24c\" 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><span style=\"font-weight: 400\">To use the mortgage amortization calculator, follow these simple steps:<\/span><\/p><ul><li><b>Input Your Loan Amount:<\/b><span style=\"font-weight: 400\"> In the &#8220;Loan amount&#8221; field, enter the sum you&#8217;re borrowing.<\/span><\/li><li><b>Define Your Loan Term:<\/b><span style=\"font-weight: 400\"> In the &#8220;Loan term&#8221; section, specify the duration of your loan. Whether it&#8217;s 30 years, 15 years, or another timeframe, tailor it to fit your financial goals.<\/span><\/li><li><b>Set Your Interest Rate:<\/b><span style=\"font-weight: 400\"> Enter the interest rate applicable to your mortgage in the &#8220;Interest rate&#8221; field.<\/span><\/li><li><b>Select Your Loan Start Date:<\/b><span style=\"font-weight: 400\"> Choose the month when you made your inaugural payment in the &#8220;Loan start date&#8221; field.<\/span><\/li><\/ul><\/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-e430d6e elementor-widget elementor-widget-heading\" data-id=\"e430d6e\" 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-db9925b elementor-widget elementor-widget-text-editor\" data-id=\"db9925b\" 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><ul><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><\/ul>\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\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f87ca8e e-flex e-con-boxed e-con e-parent\" data-id=\"f87ca8e\" 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-7642cf8 elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"7642cf8\" 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\/us\/business-loan-calculator\/401k-retirement-calculator\/\">401k retirement calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/adr-calculator\/\">ADR calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/apy-calculator\/\">APY calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/acid-test-ratio-calculator\/\">Acid test ratio calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/asset-finance-calculator\/\">Asset finance calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/auto-loan-calculator\/\">Auto loan calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/basis-point-calculator\/\">Basis point calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/bond-yield-calculator\/\">Bond yield calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/break-even-calculator\/\">Break even calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/\">Business loan calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/business-savings-calculator\/\">Business savings calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/business-valuation-calculator\/\">Business valuation calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/california-sales-tax-calculator\/\">California sales tax calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/car-finance-calculator\/\">Car finance calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/car-finance-settlement-calculator\/\">Car finance settlement calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/cash-flow-calculator\/\">Cash flow calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/commercial-mortgage-calculator\/\">Commercial mortgage calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/commercial-real-estate-calculator\/\">Commercial real estate calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/compound-annual-growth-rate-calculator\/\">Compound annual growth rate calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/compound-interest-calculator\/\">Compound interest calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/corporate-tax-calculator\/\">Corporate tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/cost-of-equity-calculator\/\">Cost of equity calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/currency-converter\/\">Currency converter <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/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\/us\/business-loan-calculator\/development-finance-calculator\/\">Development finance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/dividend-calculator\/\">Dividend calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/ebitda-calculator\/\">EBITDA calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/employee-retention-credit-calculator\/\">Employee retention credit calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/florida-sales-tax-calculator\/\">Florida sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/franchise-loan-calculator\/\">Franchise loan calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/heloc-payoff-calculator\/\">Home equity line of credit payoff calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/inflation-calculator\/\">Inflation calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/business-loan-calculator\/invoice-factoring-calculator\/\">Invoice factoring calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/invoice-finance-calculator\/\">Invoice finance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/lease-calculator\/\">Lease calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/business-loan-calculator\/loan-comparison-calculator\/\">Loan comparison calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/loss-ratio-calculator\/\">Loss ratio calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/marginal-cost-calculator\/\">Marginal cost calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/business-loan-calculator\/missouri-sales-tax-calculator\/\">Missouri sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/mortgage-overpayment-calculator\/\">Mortgage overpayment calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/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\/us\/business-loan-calculator\/new-jersey-sales-tax-calculator\/\">New Jersey sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/ohio-sales-tax-calculator\/\">Ohio sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/operating-margin-calculator\/\">Operating margin calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/overdraft-calculator\/\">Overdraft calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/paypal-fee-calculator\/\">PayPal fee calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/percentage-calculator\/\">Percentage calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/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\/us\/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\/us\/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\/us\/business-loan-calculator\/rd-tax-credit-calculator\/\">R&amp;D tax credit calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/business-loan-calculator\/receivables-turnover-calculator\/\">Receivables turnover calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/refinance-calculator\/\">Refinance calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/business-loan-calculator\/rental-yield-calculator\/\">Rental yield calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/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\/us\/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\/us\/business-loan-calculator\/revenue-calculator\/\">Revenue calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/sba-loan-calculator\/\">SBA loan calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/sales-tax-calculator\/\">Sales tax calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/short-term-loan-calculator\/\">Short-term business loan calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/wacc-calculator\/\">Weighted average cost of capital calculator <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/working-capital-calculator\/\">Working 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-85739c0 e-con-full e-flex e-con e-parent\" data-id=\"85739c0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-820e5aa elementor-widget elementor-widget-template\" data-id=\"820e5aa\" 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-b8ace09 e-con-full e-flex e-con e-parent\" data-id=\"b8ace09\" 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-2e25523 e-flex e-con-boxed e-con e-child\" data-id=\"2e25523\" 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-da46449 e-con-full e-flex e-con e-child\" data-id=\"da46449\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d875f85 elementor-widget elementor-widget-heading\" data-id=\"d875f85\" 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-7a64d0f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"7a64d0f\" 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:\/\/us.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-53c438b elementor-widget elementor-widget-html\" data-id=\"53c438b\" 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-23b8c79 e-con-full cta-mobile-fixed elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"23b8c79\" 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-ced19e9 elementor-widget elementor-widget-ucaddon_floating_cta\" data-id=\"ced19e9\" 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":0,"parent":17791,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-26294","page","type-page","status-publish","hentry"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_blog_full":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"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\/us\/author\/ian-hawkins\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/26294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/comments?post=26294"}],"version-history":[{"count":58,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/26294\/revisions"}],"predecessor-version":[{"id":45422,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/26294\/revisions\/45422"}],"up":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/17791"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/media?parent=26294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}