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
First Payment Date Jan-2020
Last Payment Date Dec-2021
 

Mortgage Loan Repayment 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-2020 100,000.00 4,540.99 700.00 3,840.99 96,159.01
2 Feb-2020 96,159.01 4,540.99 673.11 3,867.88 92,291.12
3 Mar-2020 92,291.12 4,540.99 646.04 3,894.96 88,396.17
4 Apr-2020 88,396.17 4,540.99 618.77 3,922.22 84,473.95
5 May-2020 84,473.95 4,540.99 591.32 3,949.68 80,524.27
6 Jun-2020 80,524.27 4,540.99 563.67 3,977.32 76,546.95
7 Jul-2020 76,546.95 4,540.99 535.83 4,005.17 72,541.78
8 Aug-2020 72,541.78 4,540.99 507.79 4,033.20 68,508.58
9 Sep-2020 68,508.58 4,540.99 479.56 4,061.43 64,447.14
10 Oct-2020 64,447.14 4,540.99 451.13 4,089.86 60,357.28
11 Nov-2020 60,357.28 4,540.99 422.50 4,118.49 56,238.79
12 Dec-2020 56,238.79 4,540.99 393.67 4,147.32 52,091.46
13 Jan-2021 52,091.46 4,540.99 364.64 4,176.35 47,915.11
14 Feb-2021 47,915.11 4,540.99 335.41 4,205.59 43,709.52
15 Mar-2021 43,709.52 4,540.99 305.97 4,235.03 39,474.49
16 Apr-2021 39,474.49 4,540.99 276.32 4,264.67 35,209.82
17 May-2021 35,209.82 4,540.99 246.47 4,294.53 30,915.29
18 Jun-2021 30,915.29 4,540.99 216.41 4,324.59 26,590.71
19 Jul-2021 26,590.71 4,540.99 186.13 4,354.86 22,235.85
20 Aug-2021 22,235.85 4,540.99 155.65 4,385.34 17,850.50
21 Sep-2021 17,850.50 4,540.99 124.95 4,416.04 13,434.46
22 Oct-2021 13,434.46 4,540.99 94.04 4,446.95 8,987.51
23 Nov-2021 8,987.51 4,540.99 62.91 4,478.08 4,509.43
24 Dec-2021 4,509.43 4,540.99 31.57 4,509.43 0.00
  Fields marked * are required.
.