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No, a loan amortization calculator is not difficult to use. You will need some information like the amount of your loan, interest rate and length of the loan to get an accurate answer from the calculator.

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Q: Is a loan amortization calculator difficult to use?

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The best website to go to for an amortization loan calculator would be bankrate.com. They have an excellent amortization loan calculator that is simple and easy to use.

If you are looking to use a loan amortization calculator, there are many banking websites that have them available. Websites such as bankrate and Bank of Canada have them.

If you wanted to use a loan amortization calculator you would be using a calculator that would be consolidating your loans into one. You would be checking what the payment you could make to pay them all off is.

Amortization simply refers to the length of your mortgage. You can use a calculator from any reputable financial website to calculate the amortization rate on your loan.

Your best bet is to use an amortization schedule calculator. The best and most commonly-used on-line calculator seems to be at www.loanamortizationschedule.org/.

An amortization table is a table that that shows the data for each payment made for an amortizing loan, like a mortgage. You can use an amortization calculator to help make the table.

There are numerous online loan amortization calculators but the one I've linked below is the easiest to use. It explains clearly what you need to do. http://www.amortization-calc.com/

You can find out how to use a mortgage calculator amortization table at the following sites...www.bankrate.com/calculators/mortgages/amortization-calculator.aspx

Existing Loan Calculator Use this calculator to analyze one of your existing loans. Calculate your remaining balance based on the number of monthly payments you have remaining. You can then click on the "View Report" button for a complete, payment by payment, amortization schedule of your loan.

Mortgage Loan Calculator (PITI) Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you could pay and your principal balances. This calculator also allows you to enter your estimated insurance and property taxes. Press the "View Report" button for a full yearly or monthly amortization schedule.

There are many different calculators online for different types of loans. Amortization-calc.com will help you with your current situation. It's very easy and simple to use.

Enhanced Loan Calculator Use this calculator to look at a variety of possible loans. Use the slider controls to change your monthly payment, loan amount, interest rate or term. Press the "View Report" button to see a complete amortization schedule, either by month or by year.