This is mortgage calculator. It helps you to calculate interest on mortgage and to generate loan amortization.

If you would you like to track income and expenses, or if you want to manage cashflow, we got you covered; This is because we have a team of experienced personnel in accounting technologies. You can reach us via our contact page for intuit QuickBooks software, custom QuickBooks integration, payroll systems, or for software development consulting.

Mortgage Calculator

 
SEE ALSO:   Pension Calculator   |  Tax Calculator  |  Loan Calculator  |  Salary Calculator  

$
%
%
$
years
 

Monthly Repayment ($)
4,540.99
 
Total Loan Payment ($)
108,983.86
 
Loan Amount ($)
100,000.00
 
Total Interest Paid ($)
8,983.86
 
Number of Installments [n]
24.00
 
Loan Rate (%)
8.40
 
Loan Years (years)
2.00
 
Down Payment Amount ($)
0.00
 

Amortization Schedule

S/N Payment Date Current Balance Month Payment Interest Paid Principal Paid New Balance
S/N Payment Date Current Balance Month Payment Interest Paid Principal Paid New Balance
1 Jan-2019 100,000.00 4,540.99 700.00 3,840.99 96,159.01
2 Feb-2019 96,159.01 4,540.99 673.11 3,867.88 92,291.12
3 Mar-2019 92,291.12 4,540.99 646.04 3,894.96 88,396.17
4 Apr-2019 88,396.17 4,540.99 618.77 3,922.22 84,473.95
5 May-2019 84,473.95 4,540.99 591.32 3,949.68 80,524.27
6 Jun-2019 80,524.27 4,540.99 563.67 3,977.32 76,546.95
7 Jul-2019 76,546.95 4,540.99 535.83 4,005.17 72,541.78
8 Aug-2019 72,541.78 4,540.99 507.79 4,033.20 68,508.58
9 Sep-2019 68,508.58 4,540.99 479.56 4,061.43 64,447.14
10 Oct-2019 64,447.14 4,540.99 451.13 4,089.86 60,357.28
11 Nov-2019 60,357.28 4,540.99 422.50 4,118.49 56,238.79
12 Dec-2019 56,238.79 4,540.99 393.67 4,147.32 52,091.46
13 Jan-2020 52,091.46 4,540.99 364.64 4,176.35 47,915.11
14 Feb-2020 47,915.11 4,540.99 335.41 4,205.59 43,709.52
15 Mar-2020 43,709.52 4,540.99 305.97 4,235.03 39,474.49
16 Apr-2020 39,474.49 4,540.99 276.32 4,264.67 35,209.82
17 May-2020 35,209.82 4,540.99 246.47 4,294.53 30,915.29
18 Jun-2020 30,915.29 4,540.99 216.41 4,324.59 26,590.71
19 Jul-2020 26,590.71 4,540.99 186.13 4,354.86 22,235.85
20 Aug-2020 22,235.85 4,540.99 155.65 4,385.34 17,850.50
21 Sep-2020 17,850.50 4,540.99 124.95 4,416.04 13,434.46
22 Oct-2020 13,434.46 4,540.99 94.04 4,446.95 8,987.51
23 Nov-2020 8,987.51 4,540.99 62.91 4,478.08 4,509.43
24 Dec-2020 4,509.43 4,540.99 31.57 4,509.43 0.00
  Fields marked * are required.
Best price QuickBooks Pro 2018 1 user in Nigeria
NGN 71,600
Best price QuickBooks Premier 2018 1 user in Nigeria
NGN 116,000
Best price QuickBooks Premier 2018 2 user in Nigeria
NGN 171,000
.