Whether it's a mortgage, home equity loan, car loan, or personal loan, you'll get a schedule of payments you're required to make. Here's where it comes from.

An amortization schedule for a business loan breaks down each payment, from the first to the last. The schedule clearly details the amount applied to the interest and principal from a single payment.

You can also use a biweekly loan amortization template to figure out how your payments and schedule differs by making half-payments every two weeks instead of 12 whole payments in a year.

Learn how a mortgage amortization schedule works, calculate your monthly payments, and see how your payments are applied to principal and interest over time.

Most of us count on an amortization schedule to lay out precisely how much of each payment goes toward paying down the loan. It looks like a simple table, but it can be a powerful decision-making ...