Simple Loan Calculator
No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Loan amount Annual interest rate Loan period in years Start date of loan
Enter Values $100,000.00 12.500% 4 8/22/2007
Monthly payment Number of payments Total interest Total cost of loan
$2,658.00 48 $27,583.99 $127,583.99
Payment Date 9/22/2007 10/22/2007 11/22/2007 12/22/2007 1/22/2008 2/22/2008 3/22/2008 4/22/2008 5/22/2008 6/22/2008 7/22/2008 8/22/2008 9/22/2008 10/22/2008 11/22/2008 12/22/2008 1/22/2009 2/22/2009 3/22/2009 4/22/2009 5/22/2009 6/22/2009 7/22/2009 8/22/2009 9/22/2009 10/22/2009 11/22/2009 12/22/2009 1/22/2010 2/22/2010 3/22/2010
Beginning Balance $100,000.00 98,383.67 96,750.50 95,100.31 93,432.94 91,748.20 90,045.91 88,325.89 86,587.95 84,831.91 83,057.58 81,264.76 79,453.27 77,622.91 75,773.48 73,904.79 72,016.63 70,108.80 68,181.10 66,233.32 64,265.25 62,276.68 60,267.40 58,237.18 56,185.82 54,113.09 52,018.77 49,902.63 47,764.45 45,603.99 43,421.04
Payment $2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00
Principal $1,616.33 1,633.17 1,650.18 1,667.37 1,684.74 1,702.29 1,720.02 1,737.94 1,756.04 1,774.33 1,792.82 1,811.49 1,830.36 1,849.43 1,868.69 1,888.16 1,907.83 1,927.70 1,947.78 1,968.07 1,988.57 2,009.28 2,030.21 2,051.36 2,072.73 2,094.32 2,116.14 2,138.18 2,160.45 2,182.96 2,205.70
Interest $1,041.67 1,024.83 1,007.82 990.63 973.26 955.71 937.98 920.06 901.96 883.67 865.18 846.51 827.64 808.57 789.31 769.84 750.17 730.30 710.22 689.93 669.43 648.72 627.79 606.64 585.27 563.68 541.86 519.82 497.55 475.04 452.30
Ending Balance $98,383.67 96,750.50 95,100.31 93,432.94 91,748.20 90,045.91 88,325.89 86,587.95 84,831.91 83,057.58 81,264.76 79,453.27 77,622.91 75,773.48 73,904.79 72,016.63 70,108.80 68,181.10 66,233.32 64,265.25 62,276.68 60,267.40 58,237.18 56,185.82 54,113.09 52,018.77 49,902.63 47,764.45 45,603.99 43,421.04 41,215.34
Payment No. Date 32 4/22/2010 33 5/22/2010 34 6/22/2010 35 7/22/2010 36 8/22/2010 37 9/22/2010 38 10/22/2010 39 11/22/2010 40 12/22/2010 41 1/22/2011 42 2/22/2011 43 3/22/2011 44 4/22/2011 45 5/22/2011 46 6/22/2011 47 7/22/2011 48 8/22/2011
Beginning Balance 41,215.34 38,986.67 36,734.78 34,459.43 32,160.38 29,837.39 27,490.19 25,118.55 22,722.20 20,300.89 17,854.36 15,382.34 12,884.57 10,360.79 7,810.71 5,234.08 2,630.60
Payment 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00 2,658.00
Principal 2,228.67 2,251.89 2,275.35 2,299.05 2,323.00 2,347.19 2,371.64 2,396.35 2,421.31 2,446.53 2,472.02 2,497.77 2,523.79 2,550.07 2,576.64 2,603.48 2,630.60
Interest 429.33 406.11 382.65 358.95 335.00 310.81 286.36 261.65 236.69 211.47 185.98 160.23 134.21 107.92 81.36 54.52 27.40
Ending Balance 38,986.67 36,734.78 34,459.43 32,160.38 29,837.39 27,490.19 25,118.55 22,722.20 20,300.89 17,854.36 15,382.34 12,884.57 10,360.79 7,810.71 5,234.08 2,630.60 (0.00)
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