Loan Amortization Calculator
 
  1. Amortization Graph - The graph will display the amount of your payment that is interest and the part that is principal.
  2. Repayment Chart - The chart will display the percentage of your total payments that is principal and interest.
  3. Balance Graph - The graph will display the balance of your loan over the life of the loan.
  4. Annual Table - The table will display the interest, principal and projected balance for each year of the loan.
  5. Monthly Table - The table will display the interest, principal and projected balance by month/year.
  6. Summary - Displays your estimated monthly payment, which includes monthly taxes, insurance, HOA dues and mortgage insurance.
  For either a monthly or one time extra payment enter the amounts in the monthly or one-time prepayment fields and click on the Summary button to see the savings.
NOTE: The calculator works for fixed rate loans only.

Initial Loan Data

Loan Amount Starting Month/Year
Interest Rate End DateDec 2039
Years Monthly Payment$1,467.53
Annual Home Insurance Total Interest$328,310.49
Annual Property Taxes
Mortgage Insurance Rate
Monthly HOA Dues

Prepayment Data

Monthly Add'l Principal Payment New Interest Paid<< no change >>
Starting With Month # Savings$0.00
Onetime Add'l Principal Payment New End Date<< no change >>
In Month # Term Shortened By<< no change >>
 
 
Summary Monthly Payment
$200,000.00 $1,467.53
8.00 %
30 Years Total Interest Payable
Jan 2010 $328,310.49
 

Equal Housing Lender