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Amortization Schedule Calculator
This calculator is to be used for estimation purposes only.
Principal Loan Balance
Interest Rate
Amortization Length
(Years, typically 30 or 15)
Starting:
Month =
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year =
Show full amortization table?
No
Yes
Pre-payment method
:
None : No Prepayments
Monthly : Pre-pay a set amount each month
Annually : Pre-pay a set amount once each year
Bi-weekly : 26 half paymts/yr - 2 half pre-paymts each 6 months
Bi-weekly : 26 half paymts/yr - 1 full pre-paymt each 12 months
One Time : Pre-pay one set amount after a given # of months
Monthly/Annually/One-Time Principal Prepayment Amount:
One-Time Prepayment to be paid after payment (month #)
Display Using
HTML 3.0 Tables
Plain Text
Explanation of Query Fields:
Loan Amount
is the Purchase Price minus the Down Payment.
Number of Years of Loan
is the number of years your loan will be for.
Interest Rate
is the interest rate you are charged on your loan. In the calculator you do NOT have to include the % symbol.
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Copyright © 2002 Farmers State Bank
