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
32
33

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
4/22/2010
5/22/2010

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
41,215.34
38,986.67

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
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
2,228.67
2,251.89

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
429.33
406.11

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
38,986.67
36,734.78

No.
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

Payment
Date
6/22/2010
7/22/2010
8/22/2010
9/22/2010
10/22/2010
11/22/2010
12/22/2010
1/22/2011
2/22/2011
3/22/2011
4/22/2011
5/22/2011
6/22/2011
7/22/2011
8/22/2011

Beginning
Balance
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

Principal
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
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
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)