How to Calculate Mortgage Interest Using an Amortization Table
- 1). Find a copy of the amortization table. This is normally provided to the borrower by the bank or can be printed using an online mortgage calculator.
- 2). Find the interest column of the amortization table. The heading will likely be labeled "Interest" or "Interest Paid."
- 3). Add together all the numbers in the "Interest" or "Interest Paid" column.