Mortgage Calculator

Payment Calculation Table

Loan Principal Amount $  
Annual Interest Rate (%) - For 0%, enter 0.00001     %
Number of Payments    
Monthly Payment (Principal & Interest) $ 195.66  
 

Instructions

Enter mortgage loan data into the table above to calculate your monthly payment and produce an amortization table with principal, interest, and remaining balance information for each payment. To enter new amounts, type them into the table and press the "Update" button.

Amortization Schedule

Loan Term: 60-Month Loan for $10,000 with an Interest Rate of 6.500%.

#
PAYMENT
INTEREST
PRINCIPAL
BALANCE
1
195.66
54.17
141.49
9,858.51
2
195.66
53.40
142.26
9,716.25
3
195.66
52.63
143.03
9,573.22
4
195.66
51.85
143.81
9,429.41
5
195.66
51.08
144.58
9,284.83
6
195.66
50.29
145.37
9,139.46
7
195.66
49.51
146.15
8,993.31
8
195.66
48.71
146.95
8,846.36
9
195.66
47.92
147.74
8,698.62
10
195.66
47.12
148.54
8,550.07
11
195.66
46.31
149.35
8,400.73
12
195.66
45.50
150.16
8,250.57
13
195.66
44.69
150.97
8,099.60
14
195.66
43.87
151.79
7,947.82
15
195.66
43.05
152.61
7,795.21
16
195.66
42.22
153.44
7,641.77
17
195.66
41.39
154.27
7,487.50
18
195.66
40.56
155.10
7,332.40
19
195.66
39.72
155.94
7,176.46
20
195.66
38.87
156.79
7,019.67
21
195.66
38.02
157.64
6,862.03
22
195.66
37.17
158.49
6,703.54
23
195.66
36.31
159.35
6,544.19
24
195.66
35.45
160.21
6,383.98
25
195.66
34.58
161.08
6,222.90
26
195.66
33.71
161.95
6,060.95
27
195.66
32.83
162.83
5,898.12
28
195.66
31.95
163.71
5,734.41
29
195.66
31.06
164.60
5,569.81
30
195.66
30.17
165.49
5,404.32
31
195.66
29.27
166.39
5,237.93
32
195.66
28.37
167.29
5,070.64
33
195.66
27.47
168.19
4,902.45
34
195.66
26.55
169.11
4,733.34
35
195.66
25.64
170.02
4,563.32
36
195.66
24.72
170.94
4,392.38
37
195.66
23.79
171.87
4,220.51
38
195.66
22.86
172.80
4,047.71
39
195.66
21.93
173.73
3,873.98
40
195.66
20.98
174.68
3,699.30
41
195.66
20.04
175.62
3,523.68
42
195.66
19.09
176.57
3,347.11
43
195.66
18.13
177.53
3,169.58
44
195.66
17.17
178.49
2,991.09
45
195.66
16.20
179.46
2,811.63
46
195.66
15.23
180.43
2,631.20
47
195.66
14.25
181.41
2,449.79
48
195.66
13.27
182.39
2,267.40
49
195.66
12.28
183.38
2,084.02
50
195.66
11.29
184.37
1,899.65
51
195.66
10.29
185.37
1,714.28
52
195.66
9.29
186.37
1,527.91
53
195.66
8.28
187.38
1,340.52
54
195.66
7.26
188.40
1,152.12
55
195.66
6.24
189.42
962.70
56
195.66
5.21
190.45
772.26
57
195.66
4.18
191.48
580.78
58
195.66
3.15
192.51
388.27
59
195.66
2.10
193.56
194.71
60
195.76
1.05
194.71
0.00
Totals
11,739.70
1,739.70
10,000.00

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