Mortgage Calculator

Payment Calculation Table

Loan Principal Amount $  
Annual Interest Rate (%)     %
Number of Payments    
Monthly Payment (Principal & Interest) $ 8.75  
 

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

#
PAYMENT
INTEREST
PRINCIPAL
BALANCE
1
8.75
7.89
0.86
1,221.14
2
8.75
7.89
0.86
1,220.28
3
8.75
7.88
0.87
1,219.41
4
8.75
7.88
0.87
1,218.53
5
8.75
7.87
0.88
1,217.65
6
8.75
7.86
0.89
1,216.77
7
8.75
7.86
0.89
1,215.88
8
8.75
7.85
0.90
1,214.98
9
8.75
7.85
0.90
1,214.08
10
8.75
7.84
0.91
1,213.17
11
8.75
7.84
0.91
1,212.25
12
8.75
7.83
0.92
1,211.33
13
8.75
7.82
0.93
1,210.40
14
8.75
7.82
0.93
1,209.47
15
8.75
7.81
0.94
1,208.53
16
8.75
7.81
0.94
1,207.59
17
8.75
7.80
0.95
1,206.64
18
8.75
7.79
0.96
1,205.68
19
8.75
7.79
0.96
1,204.72
20
8.75
7.78
0.97
1,203.75
21
8.75
7.77
0.98
1,202.77
22
8.75
7.77
0.98
1,201.79
23
8.75
7.76
0.99
1,200.80
24
8.75
7.76
0.99
1,199.81
25
8.75
7.75
1.00
1,198.80
26
8.75
7.74
1.01
1,197.80
27
8.75
7.74
1.01
1,196.78
28
8.75
7.73
1.02
1,195.76
29
8.75
7.72
1.03
1,194.73
30
8.75
7.72
1.03
1,193.70
31
8.75
7.71
1.04
1,192.66
32
8.75
7.70
1.05
1,191.61
33
8.75
7.70
1.05
1,190.56
34
8.75
7.69
1.06
1,189.50
35
8.75
7.68
1.07
1,188.43
36
8.75
7.68
1.07
1,187.35
37
8.75
7.67
1.08
1,186.27
38
8.75
7.66
1.09
1,185.18
39
8.75
7.65
1.10
1,184.09
40
8.75
7.65
1.10
1,182.99
41
8.75
7.64
1.11
1,181.88
42
8.75
7.63
1.12
1,180.76
43
8.75
7.63
1.12
1,179.63
44
8.75
7.62
1.13
1,178.50
45
8.75
7.61
1.14
1,177.36
46
8.75
7.60
1.15
1,176.22
47
8.75
7.60
1.15
1,175.06
48
8.75
7.59
1.16
1,173.90
49
8.75
7.58
1.17
1,172.73
50
8.75
7.57
1.18
1,171.56
51
8.75
7.57
1.18
1,170.38
52
8.75
7.56
1.19
1,169.18
53
8.75
7.55
1.20
1,167.98
54
8.75
7.54
1.21
1,166.78
55
8.75
7.54
1.21
1,165.56
56
8.75
7.53
1.22
1,164.34
57
8.75
7.52
1.23
1,163.11
58
8.75
7.51
1.24
1,161.87
59
8.75
7.50
1.25
1,160.63
60
8.75
7.50
1.25
1,159.37
61
8.75
7.49
1.26
1,158.11
62
8.75
7.48
1.27
1,156.84
63
8.75
7.47
1.28
1,155.56
64
8.75
7.46
1.29
1,154.27
65
8.75
7.45
1.30
1,152.98
66
8.75
7.45
1.30
1,151.67
67
8.75
7.44
1.31
1,150.36
68
8.75
7.43
1.32
1,149.04
69
8.75
7.42
1.33
1,147.71
70
8.75
7.41
1.34
1,146.37
71
8.75
7.40
1.35
1,145.03
72
8.75
7.39
1.36
1,143.67
73
8.75
7.39
1.36
1,142.31
74
8.75
7.38
1.37
1,140.94
75
8.75
7.37
1.38
1,139.56
76
8.75
7.36
1.39
1,138.17
77
8.75
7.35
1.40
1,136.77
78
8.75
7.34
1.41
1,135.36
79
8.75
7.33
1.42
1,133.94
80
8.75
7.32
1.43
1,132.51
81
8.75
7.31
1.44
1,131.08
82
8.75
7.30
1.45
1,129.63
83
8.75
7.30
1.45
1,128.18
84
8.75
7.29
1.46
1,126.71
85
8.75
7.28
1.47
1,125.24
86
8.75
7.27
1.48
1,123.76
87
8.75
7.26
1.49
1,122.27
88
8.75
7.25
1.50
1,120.76
89
8.75
7.24
1.51
1,119.25
90
8.75
7.23
1.52
1,117.73
91
8.75
7.22
1.53
1,116.20
92
8.75
7.21
1.54
1,114.66
93
8.75
7.20
1.55
1,113.11
94
8.75
7.19
1.56
1,111.55
95
8.75
7.18
1.57
1,109.97
96
8.75
7.17
1.58
1,108.39
97
8.75
7.16
1.59
1,106.80
98
8.75
7.15
1.60
1,105.20
99
8.75
7.14
1.61
1,103.59
100
8.75
7.13
1.62
1,101.96
101
8.75
7.12
1.63
1,100.33
102
8.75
7.11
1.64
1,098.69
103
8.75
7.10
1.65
1,097.03
104
8.75
7.09
1.66
1,095.37
105
8.75
7.07
1.68
1,093.69
106
8.75
7.06
1.69
1,092.01
107
8.75
7.05
1.70
1,090.31
108
8.75
7.04
1.71
1,088.60
109
8.75
7.03
1.72
1,086.88
110
8.75
7.02
1.73
1,085.15
111
8.75
7.01
1.74
1,083.41
112
8.75
7.00
1.75
1,081.66
113
8.75
6.99
1.76
1,079.89
114
8.75
6.97
1.78
1,078.12
115
8.75
6.96
1.79
1,076.33
116
8.75
6.95
1.80
1,074.53
117
8.75
6.94
1.81
1,072.72
118
8.75
6.93
1.82
1,070.90
119
8.75
6.92
1.83
1,069.06
120
8.75
6.90
1.85
1,067.22
121
8.75
6.89
1.86
1,065.36
122
8.75
6.88
1.87
1,063.49
123
8.75
6.87
1.88
1,061.61
124
8.75
6.86
1.89
1,059.72
125
8.75
6.84
1.91
1,057.81
126
8.75
6.83
1.92
1,055.89
127
8.75
6.82
1.93
1,053.96
128
8.75
6.81
1.94
1,052.02
129
8.75
6.79
1.96
1,050.06
130
8.75
6.78
1.97
1,048.09
131
8.75
6.77
1.98
1,046.11
132
8.75
6.76
1.99
1,044.12
133
8.75
6.74
2.01
1,042.11
134
8.75
6.73
2.02
1,040.09
135
8.75
6.72
2.03
1,038.06
136
8.75
6.70
2.05
1,036.01
137
8.75
6.69
2.06
1,033.95
138
8.75
6.68
2.07
1,031.88
139
8.75
6.66
2.09
1,029.80
140
8.75
6.65
2.10
1,027.70
141
8.75
6.64
2.11
1,025.58
142
8.75
6.62
2.13
1,023.46
143
8.75
6.61
2.14
1,021.32
144
8.75
6.60
2.15
1,019.16
145
8.75
6.58
2.17
1,017.00
146
8.75
6.57
2.18
1,014.81
147
8.75
6.55
2.20
1,012.62
148
8.75
6.54
2.21
1,010.41
149
8.75
6.53
2.22
1,008.18
150
8.75
6.51
2.24
1,005.94
151
8.75
6.50
2.25
1,003.69
152
8.75
6.48
2.27
1,001.42
153
8.75
6.47
2.28
999.14
154
8.75
6.45
2.30
996.84
155
8.75
6.44
2.31
994.53
156
8.75
6.42
2.33
992.20
157
8.75
6.41
2.34
989.86
158
8.75
6.39
2.36
987.50
159
8.75
6.38
2.37
985.13
160
8.75
6.36
2.39
982.74
161
8.75
6.35
2.40
980.34
162
8.75
6.33
2.42
977.92
163
8.75
6.32
2.43
975.49
164
8.75
6.30
2.45
973.04
165
8.75
6.28
2.47
970.57
166
8.75
6.27
2.48
968.09
167
8.75
6.25
2.50
965.59
168
8.75
6.24
2.51
963.08
169
8.75
6.22
2.53
960.55
170
8.75
6.20
2.55
958.00
171
8.75
6.19
2.56
955.44
172
8.75
6.17
2.58
952.86
173
8.75
6.15
2.60
950.26
174
8.75
6.14
2.61
947.65
175
8.75
6.12
2.63
945.02
176
8.75
6.10
2.65
942.38
177
8.75
6.09
2.66
939.71
178
8.75
6.07
2.68
937.03
179
8.75
6.05
2.70
934.33
180
8.75
6.03
2.72
931.62
181
8.75
6.02
2.73
928.88
182
8.75
6.00
2.75
926.13
183
8.75
5.98
2.77
923.36
184
8.75
5.96
2.79
920.58
185
8.75
5.95
2.80
917.77
186
8.75
5.93
2.82
914.95
187
8.75
5.91
2.84
912.11
188
8.75
5.89
2.86
909.25
189
8.75
5.87
2.88
906.37
190
8.75
5.85
2.90
903.47
191
8.75
5.83
2.92
900.56
192
8.75
5.82
2.93
897.63
193
8.75
5.80
2.95
894.67
194
8.75
5.78
2.97
891.70
195
8.75
5.76
2.99
888.71
196
8.75
5.74
3.01
885.70
197
8.75
5.72
3.03
882.67
198
8.75
5.70
3.05
879.62
199
8.75
5.68
3.07
876.55
200
8.75
5.66
3.09
873.46
201
8.75
5.64
3.11
870.35
202
8.75
5.62
3.13
867.22
203
8.75
5.60
3.15
864.08
204
8.75
5.58
3.17
860.91
205
8.75
5.56
3.19
857.72
206
8.75
5.54
3.21
854.51
207
8.75
5.52
3.23
851.27
208
8.75
5.50
3.25
848.02
209
8.75
5.48
3.27
844.75
210
8.75
5.46
3.29
841.45
211
8.75
5.43
3.32
838.14
212
8.75
5.41
3.34
834.80
213
8.75
5.39
3.36
831.44
214
8.75
5.37
3.38
828.06
215
8.75
5.35
3.40
824.66
216
8.75
5.33
3.42
821.24
217
8.75
5.30
3.45
817.79
218
8.75
5.28
3.47
814.32
219
8.75
5.26
3.49
810.83
220
8.75
5.24
3.51
807.32
221
8.75
5.21
3.54
803.78
222
8.75
5.19
3.56
800.22
223
8.75
5.17
3.58
796.64
224
8.75
5.14
3.61
793.04
225
8.75
5.12
3.63
789.41
226
8.75
5.10
3.65
785.76
227
8.75
5.07
3.68
782.08
228
8.75
5.05
3.70
778.38
229
8.75
5.03
3.72
774.66
230
8.75
5.00
3.75
770.91
231
8.75
4.98
3.77
767.14
232
8.75
4.95
3.80
763.34
233
8.75
4.93
3.82
759.52
234
8.75
4.91
3.84
755.68
235
8.75
4.88
3.87
751.81
236
8.75
4.86
3.89
747.92
237
8.75
4.83
3.92
744.00
238
8.75
4.80
3.95
740.05
239
8.75
4.78
3.97
736.08
240
8.75
4.75
4.00
732.08
241
8.75
4.73
4.02
728.06
242
8.75
4.70
4.05
724.01
243
8.75
4.68
4.07
719.94
244
8.75
4.65
4.10
715.84
245
8.75
4.62
4.13
711.71
246
8.75
4.60
4.15
707.56
247
8.75
4.57
4.18
703.38
248
8.75
4.54
4.21
699.17
249
8.75
4.52
4.23
694.94
250
8.75
4.49
4.26
690.68
251
8.75
4.46
4.29
686.39
252
8.75
4.43
4.32
682.07
253
8.75
4.41
4.34
677.72
254
8.75
4.38
4.37
673.35
255
8.75
4.35
4.40
668.95
256
8.75
4.32
4.43
664.52
257
8.75
4.29
4.46
660.06
258
8.75
4.26
4.49
655.57
259
8.75
4.23
4.52
651.06
260
8.75
4.20
4.55
646.51
261
8.75
4.18
4.57
641.94
262
8.75
4.15
4.60
637.33
263
8.75
4.12
4.63
632.70
264
8.75
4.09
4.66
628.04
265
8.75
4.06
4.69
623.34
266
8.75
4.03
4.72
618.62
267
8.75
4.00
4.75
613.86
268
8.75
3.96
4.79
609.08
269
8.75
3.93
4.82
604.26
270
8.75
3.90
4.85
599.41
271
8.75
3.87
4.88
594.54
272
8.75
3.84
4.91
589.63
273
8.75
3.81
4.94
584.68
274
8.75
3.78
4.97
579.71
275
8.75
3.74
5.01
574.70
276
8.75
3.71
5.04
569.67
277
8.75
3.68
5.07
564.59
278
8.75
3.65
5.10
559.49
279
8.75
3.61
5.14
554.35
280
8.75
3.58
5.17
549.18
281
8.75
3.55
5.20
543.98
282
8.75
3.51
5.24
538.74
283
8.75
3.48
5.27
533.47
284
8.75
3.45
5.30
528.17
285
8.75
3.41
5.34
522.83
286
8.75
3.38
5.37
517.46
287
8.75
3.34
5.41
512.05
288
8.75
3.31
5.44
506.61
289
8.75
3.27
5.48
501.13
290
8.75
3.24
5.51
495.61
291
8.75
3.20
5.55
490.06
292
8.75
3.17
5.58
484.48
293
8.75
3.13
5.62
478.86
294
8.75
3.09
5.66
473.20
295
8.75
3.06
5.69
467.51
296
8.75
3.02
5.73
461.78
297
8.75
2.98
5.77
456.01
298
8.75
2.95
5.80
450.20
299
8.75
2.91
5.84
444.36
300
8.75
2.87
5.88
438.48
301
8.75
2.83
5.92
432.56
302
8.75
2.79
5.96
426.61
303
8.75
2.76
5.99
420.61
304
8.75
2.72
6.03
414.58
305
8.75
2.68
6.07
408.51
306
8.75
2.64
6.11
402.39
307
8.75
2.60
6.15
396.24
308
8.75
2.56
6.19
390.05
309
8.75
2.52
6.23
383.82
310
8.75
2.48
6.27
377.55
311
8.75
2.44
6.31
371.24
312
8.75
2.40
6.35
364.89
313
8.75
2.36
6.39
358.49
314
8.75
2.32
6.43
352.06
315
8.75
2.27
6.48
345.58
316
8.75
2.23
6.52
339.06
317
8.75
2.19
6.56
332.50
318
8.75
2.15
6.60
325.90
319
8.75
2.10
6.65
319.26
320
8.75
2.06
6.69
312.57
321
8.75
2.02
6.73
305.84
322
8.75
1.98
6.77
299.06
323
8.75
1.93
6.82
292.24
324
8.75
1.89
6.86
285.38
325
8.75
1.84
6.91
278.47
326
8.75
1.80
6.95
271.52
327
8.75
1.75
7.00
264.53
328
8.75
1.71
7.04
257.48
329
8.75
1.66
7.09
250.40
330
8.75
1.62
7.13
243.26
331
8.75
1.57
7.18
236.09
332
8.75
1.52
7.23
228.86
333
8.75
1.48
7.27
221.59
334
8.75
1.43
7.32
214.27
335
8.75
1.38
7.37
206.90
336
8.75
1.34
7.41
199.49
337
8.75
1.29
7.46
192.03
338
8.75
1.24
7.51
184.52
339
8.75
1.19
7.56
176.96
340
8.75
1.14
7.61
169.35
341
8.75
1.09
7.66
161.70
342
8.75
1.04
7.71
153.99
343
8.75
0.99
7.76
146.23
344
8.75
0.94
7.81
138.43
345
8.75
0.89
7.86
130.57
346
8.75
0.84
7.91
122.67
347
8.75
0.79
7.96
114.71
348
8.75
0.74
8.01
106.70
349
8.75
0.69
8.06
98.64
350
8.75
0.64
8.11
90.53
351
8.75
0.58
8.17
82.36
352
8.75
0.53
8.22
74.14
353
8.75
0.48
8.27
65.87
354
8.75
0.43
8.32
57.55
355
8.75
0.37
8.38
49.17
356
8.75
0.32
8.43
40.74
357
8.75
0.26
8.49
32.25
358
8.75
0.21
8.54
23.71
359
8.75
0.15
8.60
15.11
360
8.75
0.10
8.65
6.46
361
6.50
0.04
6.46
0.00
Totals
3,156.50
1,934.50
1,222.00

© 2023 TANYA KULAGA, REALTOR, CRS, ABR, GRI|REALTY EXECUTIVES — HEDGES REAL ESTATE|1037 VERMONT ST, LAWRENCE, KS 66044