Loan Calculator

This worksheet can help you calculate loan

costs. Enter values into the yellow boxes,
replacing the sample data. Results will be
shown in the green boxes.
This worksheet is locked to preserve the
formulas that calculate your results.

Period
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
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53

Payment
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78

Principal
4,897.78
4,946.76
4,996.22
5,046.19
5,096.65
5,147.62
5,199.09
5,251.08
5,303.59
5,356.63
5,410.20
5,464.30
5,518.94
5,574.13
5,629.87
5,686.17
5,743.03
5,800.46
5,858.47
5,917.05
5,976.22
6,035.98
6,096.34
6,157.31
6,218.88
6,281.07
6,343.88
6,407.32
6,471.39
6,536.11
6,601.47
6,667.48
6,734.16
6,801.50
6,869.51
6,938.21
7,007.59
7,077.67
7,148.44
7,219.93
7,292.13
7,365.05
7,438.70
7,513.08
7,588.22
7,664.10
7,740.74
7,818.15
7,896.33
7,975.29
8,055.04
8,135.59
8,216.95

Loan Amount:
Annual Interest Rate:

400,000
12.00%

Length of Loan (in Years):

Number of Payments Per Year:
Total Number of Periods:

5
12
60

Payment Per Period:

Total Interest Paid:
Total Payments:

8,897.78
133,866.74
533,866.74

Interest
4,000.00
3,951.02
3,901.55
3,851.59
3,801.13
3,750.16
3,698.69
3,646.70
3,594.19
3,541.15
3,487.58
3,433.48
3,378.84
3,323.65
3,267.91
3,211.61
3,154.75
3,097.32
3,039.31
2,980.73
2,921.56
2,861.80
2,801.44
2,740.47
2,678.90
2,616.71
2,553.90
2,490.46
2,426.39
2,361.67
2,296.31
2,230.30
2,163.62
2,096.28
2,028.27
1,959.57
1,890.19
1,820.11
1,749.34
1,677.85
1,605.65
1,532.73
1,459.08
1,384.69
1,309.56
1,233.68
1,157.04
1,079.63
1,001.45
922.49
842.74
762.19
680.83

Total Interest Paid New Payoff Amount

4,000.00
7,951.02
11,852.58
15,704.17
19,505.30
23,255.46
26,954.15
30,600.85
34,195.03
37,736.19
41,223.77
44,657.25
48,036.09
51,359.74
54,627.65
57,839.26
60,994.01
64,091.32
67,130.64
70,111.36
73,032.92
75,894.72
78,696.15
81,436.63
84,115.53
86,732.24
89,286.14
91,776.60
94,202.98
96,564.66
98,860.97
101,091.27
103,254.89
105,351.17
107,379.44
109,339.01
111,229.20
113,049.32
114,798.65
116,476.51
118,082.16
119,614.89
121,073.97
122,458.67
123,768.23
125,001.91
126,158.95
127,238.59
128,240.04
129,162.53
130,005.26
130,767.45
131,448.28

395,102.22
390,155.46
385,159.24
380,113.05
375,016.40
369,868.79
364,669.70
359,418.62
354,115.02
348,758.39
343,348.20
337,883.90
332,364.96
326,790.83
321,160.96
315,474.79
309,731.76
303,931.30
298,072.83
292,155.78
286,179.56
280,143.58
274,047.24
267,889.93
261,671.05
255,389.98
249,046.10
242,638.78
236,167.39
229,631.29
223,029.82
216,362.34
209,628.18
202,826.69
195,957.17
189,018.97
182,011.38
174,933.71
167,785.27
160,565.34
153,273.22
145,908.17
138,469.47
130,956.39
123,368.17
115,704.08
107,963.34
100,145.19
92,248.87
84,273.58
76,218.53
68,082.94
59,865.99

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Period
54
55
56
57
58
59
60

Payment
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78
8,897.78

Principal
8,299.12
8,382.11
8,465.93
8,550.59
8,636.10
8,722.46
8,809.68

Interest
598.66
515.67
431.85
347.19
261.68
175.32
88.10

Total Interest Paid New Payoff Amount

132,046.94
132,562.61
132,994.46
133,341.64
133,603.33
133,778.65
133,866.74

51,566.87
43,184.76
34,718.83
26,168.24
17,532.14
8,809.68
0.00

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Period

Payment

Principal

Interest

Total Interest Paid New Payoff Amount

Page 3of3