Helpful answers
Frequently Asked Questions
- Are AmortiWise calculators free?
- Yes. Every calculator is free to use, requires no account, and has no usage limits.
- Do you store the numbers I enter?
- No. All math runs locally in your browser. Nothing you type is sent to a server or saved anywhere.
- How accurate are the results?
- The math follows standard amortization formulas and is accurate to the cent for loans that accrue interest on a fixed periodic schedule. Lenders may use different day-count conventions, add fees, escrow or insurance, so treat results as close estimates.
- Does paying biweekly really save money?
- Usually yes. Biweekly payments produce 26 payments a year — the equivalent of 13 monthly payments — so the principal falls faster and less interest accrues.
- How do extra payments work?
- Extra amounts are applied directly to principal each period. Because interest is charged on the remaining balance, the savings compound and the loan ends earlier.
- Can I export my amortization schedule?
- Yes. Every schedule can be downloaded as a CSV file for spreadsheets, or printed / saved as a PDF using the print button.