Fill in the fields below with your loan information:
Loan Amount
Interest Rate
%
Loan Term (in years)
(usually 30 or 15)
First Payment: Month =
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year =
Show the full monthly amortization schedule?
No
Yes
(If you select "No" you will see annual totals rather than each monthly payment)
All fields below are OPTIONAL
You can save money by pre-paying the principal balance of your loan. Select a
Principal Pre-Payment method
from the drop-down menu below to see how each method reduces your interest expense:
None : No Prepayments
Monthly : Pre-pay a set amount each month
Annually : Pre-pay a set amount once each year
Bi-weekly : 26 half paymts/yr - 2 half pre-paymts each 6 months
Bi-weekly : 26 half paymts/yr - 1 full pre-paymt each 12 months
One Time : Pre-pay one set amount after a given # of months
Amount of Principal Pre-Payment
(Monthly, Annual or One-Time Payment):
If
One-Time Pre-Payment
, the pre-payment is to be paid after regular monthly payment number:
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