Loan Calculator

This worksheet can help you calculate loan Loan Amount: 100,000
costs. Enter values into the yellow boxes, Annual Interest Rate: 11.50%
replacing the sample data. Results will be
shown in the green boxes. Length of Loan (in Years): 1
Number of Payments Per Year: 12
This worksheet is locked to preserve the Total Number of Periods: 12
formulas that calculate your results.
Payment Per Period: 8,861.51
Total Interest Paid: 6,338.06
Total Payments: 106,338.06
New Payoff
Period Payment Principal Interest Total Interest Paid
Amount
1 8,861.51 7,903.17 958.33 958.33 92,096.83
2 8,861.51 7,978.91 882.59 1,840.93 84,117.92
3 8,861.51 8,055.38 806.13 2,647.06 76,062.54
4 8,861.51 8,132.57 728.93 3,375.99 67,929.97
5 8,861.51 8,210.51 651.00 4,026.99 59,719.46
6 8,861.51 8,289.19 572.31 4,599.30 51,430.27
7 8,861.51 8,368.63 492.87 5,092.17 43,061.63
8 8,861.51 8,448.83 412.67 5,504.85 34,612.80
9 8,861.51 8,529.80 331.71 5,836.55 26,083.00
10 8,861.51 8,611.54 249.96 6,086.51 17,471.46
11 8,861.51 8,694.07 167.43 6,253.95 8,777.39
12 8,861.51 8,777.39 84.12 6,338.06 0.00

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