# Annuity on Loan Table Creator

> Create an equal-payment loan amortization table for an ordinary annuity or annuity due.

Page: https://askcalculators.com/calculator/annuity-on-loan-table-creator/
Definition: https://askcalculators.com/calculator/annuity-on-loan-table-creator/definition.json
JSON Schema: https://askcalculators.com/calculator/annuity-on-loan-table-creator/schema.json
Version: 1.0.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/calculator/annuity-on-loan-table-creator/?principal=25000&annualRate=7.5&paymentsPerYear=12&years=4&paymentTiming=end

## Inputs
- principal: Loan amount; type=money; required; default=25000; min=0.01
- annualRate: Annual nominal interest; type=percent; required; default=7.5; min=0; max=100
- paymentsPerYear: Payments per year; type=number; required; default=12; min=1; max=365
- years: Term in years; type=number; required; default=4; min=0.01; max=100
- paymentTiming: Payment timing; type=select; required; default=end; values=end|begin

## Outputs
- payment: Periodic payment; format=currency; primary
- totalInterest: Total interest; format=currency
- totalPaid: Total of payments; format=currency
- paymentCount: Number of payments; format=integer
- effectiveAnnualRate: Effective annual rate; format=percent

## Formula
payment = PV × i ÷ [1 − (1+i)^−n], adjusted by ÷(1+i) for beginning-of-period payments

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.