Mortgage Calculator Home Price Down Payment Loan term10 Year15 Year20 Year25 Year30 Year Interest Rate Loan Amount $160,000.00 Payment(P&I) $1,011.31 Payment DateInterest PaidPrincipal PaidRemaining Balance 2025$10,347.35$1,788.36$158,211.64...
Interest Rate Loan Amount $160,000.00 Payment (P&I) $1,011.31 Annual Schedule Monthly Schedule Payment DateInterest PaidPrincipal PaidRemaining Balance 2025 $10,347.35 $1,788.36 $158,211.64 2026 $19,727.39 $3,532.71 $156,467.29 2027 $29,000.64 $5,383.86 $154,616.14 2028 $38,160.55 $...
Down Payment Loan term10 Year15 Year20 Year25 Year30 Year Interest Rate Loan Amount $160,000.00 Payment(P&I) $1,011.31 Payment DateInterest PaidPrincipal PaidRemaining Balance 2025$10,347.35$1,788.36$158,211.64 2026$19,727.39$3,532.71$156,467.29 ...
The original amount financed with your mortgage, not to be confused with the remaining balance or principal balance. Additional monthly payment Your proposed extra payment per month. This payment will be used to reduce your principal balance. Current mortgage payment Monthly principal and interest paym...
Mortgage Principal Calculator Based off the loan amount of $250,000.00, interest rate of 5%, term of 30 years, and 60 months previously paid, you have a remaining balance of approximately $250,000.00. Of this amount, $60,095.07 is in interest and $20,428.17 is in principal applied. The...
Mortgage Refinance Calculator: Should I Refinance? Determine if refinancing can help you achieve your financial goals — whether it reduces your overall loan cost or gets you a more favorable monthly payment. Current loan Balance type Remaining balance Monthly payment Interest rate New loan Loan...
You can also use the mortgage calculator on the left to figure the remaining principal balance. The first step is to look at your last mortgage statement to find the total amount borrowed, the annual interest rate, and the dollar amount of your monthly payments. Call these numbers P, R, ...
$0 Additional monthly expenses $0 Remaining monthly income $0 Many mortgage advisors recommend the 28/36 rule: Don’t spend more than 28% of your income on mortgage and 36% of your income on debt. Use the resources below to learn even more. ...
Total number of years remaining on your original mortgage. Original mortgage amount The original amount financed with your mortgage, not to be confused with the remaining balance or principal balance. Additional principle payment Your proposed extra payment per month. This payment will be used to red...
Although your monthly payment will be the same each month, the amount going toward principal will increase each month and the amount going toward interest will decrease each month as you pay down your balance. The calculator’samortization schedule(click above to open it)will show you the detail...