**Instructions: **Use this calculator to find out the Loan Amortization Schedule. Please input the values of the loan amount, annual interest rate, loan periods in years, and no. of payments per year in the form below:

**Instructions: **Use this calculator to find out the Loan Amortization Schedule. Please input the values of the loan amount, annual interest rate, loan periods in years, and no. of payments per year in the form below:

The most frequent use of a personal loan is to consolidate other debts.

This is a terrific way to have one payment and lessen your

monthly expenses.

Some people are not happy with the previous loan terms they were given by their lenders. As a result, they decide to refinance their housing loan in order to get more favorable terms. This usually happens when interest rates drop or the borrower’s financial situation improves. Basically Refinancing a housing loan is a new loan taken to replace an existing housing loan.