Principal Paid – Personal Finance Tool for Loan Repayments

Summary: Principal Paid calculates monthly loan or mortgage repayments and displays the full amortisation schedule, showing how much principal has been paid at any point. It supports any currency and is free to use.

What it does

It computes monthly payments and provides a detailed amortisation schedule to track principal repayment over time.

Who it's for

Individuals seeking to understand loan or mortgage repayment timelines for home or vehicle loans.

Why it matters

It clarifies how long it takes to pay off the principal on loans, aiding financial planning.