Vehicle Information Loan amount? $ Loan term (years)? Interest rate? % Printer-friendly version Loan Information Loan Amount Monthly Payment Chart Table Amortization Email Results First Name Last Name Email Address Cell Number Do you have any questions about your results? We'd be happy to help! When would be the best time to chat? - None -I'm good, no need to chat10:00 am - 10:30 am10:30 am - 11:00 am3:00 pm - 3:30 pm3:30 pm - 4:00 pm4:00 pm - 4:30 pmLet's try email instead Submit Repayment of a loan requires that the borrower make a monthly payment to the lender. With each monthly payment, you pay down a portion of the loan principal, as well as monthly interest on the outstanding balance. Loan payments are amortized so that the monthly payment remains the same throughout the repayment period, but during that time, the percentage of the amount that goes towards principal will increase as the outstanding loan balance decreases.