Amortization schedule for an adjustable rate loan

This will calculate: a full schedule for a loan whose interest rate changes over its life. You can use one to five phases, each with its own rate, its own number of payments, and its own payment amount.

This version starts blank so you can enter the loan exactly as written. Fill in the loan amount, the total number of payments, then each phase.

The total number of payments must equal the phase payments added together, or the form will not calculate.

Total loan term may not exceed 50 years.