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Mortgage Loan Schedule: Amount of Loan: Annual Percentage Rate: Monthly Payment Terms

This document outlines the terms of a $2,000,000 mortgage loan with an annual percentage rate of 9% and monthly payments over 120 months. The monthly payment is $25,335.15 and an extra $10,000 will be paid each month, in addition to the scheduled monthly payment. Over the life of the loan, $612,908 of interest will be paid.

Uploaded by

Nishant Goel
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
136 views24 pages

Mortgage Loan Schedule: Amount of Loan: Annual Percentage Rate: Monthly Payment Terms

This document outlines the terms of a $2,000,000 mortgage loan with an annual percentage rate of 9% and monthly payments over 120 months. The monthly payment is $25,335.15 and an extra $10,000 will be paid each month, in addition to the scheduled monthly payment. Over the life of the loan, $612,908 of interest will be paid.

Uploaded by

Nishant Goel
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 24

MORTGAGE LOAN SCHEDULE

Amount of Loan: 2,000,000.00 << input amount of loan

Annual Percentage Rate: 9.000% << input interest rate as .00

Monthly Payment Terms: 120 << input number of months to repay -- see term >>

Monthly Payment: 25,335.15

Extra Payment per Month: 10,000.00 << enter fixed amount paid each month and scroll down table to ana
or enter separate, lump-sum payment for designated month unde

Total: Interest Paid


$612,908

AMORTIZATION TABLE

Principal Interest Remaining


Payment Paid Paid Principal

Month 1 10,335.15 15,000.00 1,979,664.85


2 10,487.67 14,847.49 1,959,177.18
3 10,641.33 14,693.83 1,938,535.85
4 10,796.14 14,539.02 1,917,739.72
5 10,952.11 14,383.05 1,896,787.61
6 11,109.25 14,225.91 1,875,678.36
7 11,267.57 14,067.59 1,854,410.79
8 11,427.07 13,908.08 1,832,983.72
9 11,587.78 13,747.38 1,811,395.94
10 11,749.69 13,585.47 1,789,646.26
11 11,912.81 13,422.35 1,767,733.45
Payment Year 1: Month 12 12,077.15 13,258.00 1,745,656.30
13 12,242.73 13,092.42 1,723,413.56
14 12,409.55 12,925.60 1,701,004.01
15 12,577.62 12,757.53 1,678,426.39
16 12,746.96 12,588.20 1,655,679.43
17 12,917.56 12,417.60 1,632,761.87
18 13,089.44 12,245.71 1,609,672.43
19 13,262.61 12,072.54 1,586,409.82
20 13,437.08 11,898.07 1,562,972.74
21 13,612.86 11,722.30 1,539,359.88
22 13,789.96 11,545.20 1,515,569.92
23 13,968.38 11,366.77 1,491,601.54
Payment Year 2: Month 24 14,148.14 11,187.01 1,467,453.40
25 14,329.25 11,005.90 1,443,124.14
26 14,511.72 10,823.43 1,418,612.42
27 14,695.56 10,639.59 1,393,916.86
28 14,880.78 10,454.38 1,369,036.08
29 15,067.38 10,267.77 1,343,968.70
30 15,255.39 10,079.77 1,318,713.31
31 15,444.80 9,890.35 1,293,268.50
32 15,635.64 9,699.51 1,267,632.86
33 15,827.91 9,507.25 1,241,804.95
34 16,021.62 9,313.54 1,215,783.33
35 16,216.78 9,118.38 1,189,566.55
Payment Year 3: Month 36 16,413.41 8,921.75 1,163,153.15
37 16,611.51 8,723.65 1,136,541.64
38 16,811.09 8,524.06 1,109,730.55
39 17,012.18 8,322.98 1,082,718.38
40 17,214.77 8,120.39 1,055,503.61
41 17,418.88 7,916.28 1,028,084.73
42 17,624.52 7,710.64 1,000,460.21
43 17,831.70 7,503.45 972,628.51
44 18,040.44 7,294.71 944,588.07
45 18,250.74 7,084.41 916,337.32
46 18,462.62 6,872.53 887,874.70
47 18,676.09 6,659.06 859,198.60
Payment Year 4: Month 48 18,891.17 6,443.99 830,307.44
49 19,107.85 6,227.31 801,199.59
50 19,326.16 6,009.00 771,873.43
51 19,546.10 5,789.05 742,327.33
52 19,767.70 5,567.45 712,559.63
53 19,990.96 5,344.20 682,568.67
54 20,215.89 5,119.27 652,352.78
55 20,442.51 4,892.65 621,910.27
56 20,670.83 4,664.33 591,239.44
57 20,900.86 4,434.30 560,338.58
58 21,132.62 4,202.54 529,205.97
59 21,366.11 3,969.04 497,839.86
Payment Year 5: Month 60 21,601.36 3,733.80 466,238.50
61 21,838.37 3,496.79 434,400.14
62 22,077.15 3,258.00 402,322.98
63 22,317.73 3,017.42 370,005.25
64 22,560.12 2,775.04 337,445.14
65 22,804.32 2,530.84 304,640.82
66 23,050.35 2,284.81 271,590.47
67 23,298.23 2,036.93 238,292.25
68 23,547.96 1,787.19 204,744.28
69 23,799.57 1,535.58 170,944.71
70 24,053.07 1,282.09 136,891.64
71 24,308.47 1,026.69 102,583.17
Payment Year 6: Month 72 24,565.78 769.37 68,017.39
73 24,825.02 510.13 33,192.37
74 25,086.21 248.94 0.00
75 0.00 0.00 0.00
76 0.00 0.00 0.00
77 0.00 0.00 0.00
78 0.00 0.00 0.00
79 0.00 0.00 0.00
80 0.00 0.00 0.00
81 0.00 0.00 0.00
82 0.00 0.00 0.00
83 0.00 0.00 0.00
Payment Year 7: Month 84 0.00 0.00 0.00
85 0.00 0.00 0.00
86 0.00 0.00 0.00
87 0.00 0.00 0.00
88 0.00 0.00 0.00
89 0.00 0.00 0.00
90 0.00 0.00 0.00
91 0.00 0.00 0.00
92 0.00 0.00 0.00
93 0.00 0.00 0.00
94 0.00 0.00 0.00
95 0.00 0.00 0.00
Payment Year 8: Month 96 0.00 0.00 0.00
97 0.00 0.00 0.00
98 0.00 0.00 0.00
99 0.00 0.00 0.00
100 0.00 0.00 0.00
101 0.00 0.00 0.00
102 0.00 0.00 0.00
103 0.00 0.00 0.00
104 0.00 0.00 0.00
105 0.00 0.00 0.00
106 0.00 0.00 0.00
107 0.00 0.00 0.00
Payment Year 9: Month 108 0.00 0.00 0.00
109 0.00 0.00 0.00
110 0.00 0.00 0.00
111 0.00 0.00 0.00
112 0.00 0.00 0.00
113 0.00 0.00 0.00
114 0.00 0.00 0.00
115 0.00 0.00 0.00
116 0.00 0.00 0.00
117 0.00 0.00 0.00
118 0.00 0.00 0.00
119 0.00 0.00 0.00
Payment Year 10: Month 120 0.00 0.00 0.00
121 0.00 0.00 0.00
122 0.00 0.00 0.00
123 0.00 0.00 0.00
124 0.00 0.00 0.00
125 0.00 0.00 0.00
126 0.00 0.00 0.00
127 0.00 0.00 0.00
128 0.00 0.00 0.00
129 0.00 0.00 0.00
130 0.00 0.00 0.00
131 0.00 0.00 0.00
Payment Year 11 Month 132 0.00 0.00 0.00
133 0.00 0.00 0.00
134 0.00 0.00 0.00
135 0.00 0.00 0.00
136 0.00 0.00 0.00
137 0.00 0.00 0.00
138 0.00 0.00 0.00
139 0.00 0.00 0.00
140 0.00 0.00 0.00
141 0.00 0.00 0.00
142 0.00 0.00 0.00
143 0.00 0.00 0.00
Payment Year 12: Month 144 0.00 0.00 0.00
145 0.00 0.00 0.00
146 0.00 0.00 0.00
147 0.00 0.00 0.00
148 0.00 0.00 0.00
149 0.00 0.00 0.00
150 0.00 0.00 0.00
151 0.00 0.00 0.00
152 0.00 0.00 0.00
153 0.00 0.00 0.00
154 0.00 0.00 0.00
155 0.00 0.00 0.00
Payment Year 13: Month 156 0.00 0.00 0.00
157 0.00 0.00 0.00
158 0.00 0.00 0.00
159 0.00 0.00 0.00
160 0.00 0.00 0.00
161 0.00 0.00 0.00
162 0.00 0.00 0.00
163 0.00 0.00 0.00
164 0.00 0.00 0.00
165 0.00 0.00 0.00
166 0.00 0.00 0.00
167 0.00 0.00 0.00
Payment Year 14: Month 168 0.00 0.00 0.00
169 0.00 0.00 0.00
170 0.00 0.00 0.00
171 0.00 0.00 0.00
172 0.00 0.00 0.00
173 0.00 0.00 0.00
174 0.00 0.00 0.00
175 0.00 0.00 0.00
176 0.00 0.00 0.00
177 0.00 0.00 0.00
178 0.00 0.00 0.00
179 0.00 0.00 0.00
Payment Year 15: Month 180 0.00 0.00 0.00
181 0.00 0.00 0.00
182 0.00 0.00 0.00
183 0.00 0.00 0.00
184 0.00 0.00 0.00
185 0.00 0.00 0.00
186 0.00 0.00 0.00
187 0.00 0.00 0.00
188 0.00 0.00 0.00
189 0.00 0.00 0.00
190 0.00 0.00 0.00
191 0.00 0.00 0.00
Payment Year 16: Month 192 0.00 0.00 0.00
193 0.00 0.00 0.00
194 0.00 0.00 0.00
195 0.00 0.00 0.00
196 0.00 0.00 0.00
197 0.00 0.00 0.00
198 0.00 0.00 0.00
199 0.00 0.00 0.00
200 0.00 0.00 0.00
201 0.00 0.00 0.00
202 0.00 0.00 0.00
203 0.00 0.00 0.00
Payment Year 17: Month 204 0.00 0.00 0.00
205 0.00 0.00 0.00
206 0.00 0.00 0.00
207 0.00 0.00 0.00
208 0.00 0.00 0.00
209 0.00 0.00 0.00
210 0.00 0.00 0.00
211 0.00 0.00 0.00
212 0.00 0.00 0.00
213 0.00 0.00 0.00
214 0.00 0.00 0.00
215 0.00 0.00 0.00
Payment Year 18: Month 216 0.00 0.00 0.00
217 0.00 0.00 0.00
218 0.00 0.00 0.00
219 0.00 0.00 0.00
220 0.00 0.00 0.00
221 0.00 0.00 0.00
222 0.00 0.00 0.00
223 0.00 0.00 0.00
224 0.00 0.00 0.00
225 0.00 0.00 0.00
226 0.00 0.00 0.00
227 0.00 0.00 0.00
Payment Year 19: Month 228 0.00 0.00 0.00
229 0.00 0.00 0.00
230 0.00 0.00 0.00
231 0.00 0.00 0.00
232 0.00 0.00 0.00
233 0.00 0.00 0.00
234 0.00 0.00 0.00
235 0.00 0.00 0.00
236 0.00 0.00 0.00
237 0.00 0.00 0.00
238 0.00 0.00 0.00
239 0.00 0.00 0.00
Payment Year 20: Month 240 0.00 0.00 0.00
241 0.00 0.00 0.00
242 0.00 0.00 0.00
243 0.00 0.00 0.00
244 0.00 0.00 0.00
245 0.00 0.00 0.00
246 0.00 0.00 0.00
247 0.00 0.00 0.00
248 0.00 0.00 0.00
249 0.00 0.00 0.00
250 0.00 0.00 0.00
251 0.00 0.00 0.00
Payment Year 21: Month 252 0.00 0.00 0.00
253 0.00 0.00 0.00
254 0.00 0.00 0.00
255 0.00 0.00 0.00
256 0.00 0.00 0.00
257 0.00 0.00 0.00
258 0.00 0.00 0.00
259 0.00 0.00 0.00
260 0.00 0.00 0.00
261 0.00 0.00 0.00
262 0.00 0.00 0.00
263 0.00 0.00 0.00
Payment Year 22: Month 264 0.00 0.00 0.00
265 0.00 0.00 0.00
266 0.00 0.00 0.00
267 0.00 0.00 0.00
268 0.00 0.00 0.00
269 0.00 0.00 0.00
270 0.00 0.00 0.00
271 0.00 0.00 0.00
272 0.00 0.00 0.00
273 0.00 0.00 0.00
274 0.00 0.00 0.00
275 0.00 0.00 0.00
Payment Year 23: Month 276 0.00 0.00 0.00
277 0.00 0.00 0.00
278 0.00 0.00 0.00
279 0.00 0.00 0.00
280 0.00 0.00 0.00
281 0.00 0.00 0.00
282 0.00 0.00 0.00
283 0.00 0.00 0.00
284 0.00 0.00 0.00
285 0.00 0.00 0.00
286 0.00 0.00 0.00
287 0.00 0.00 0.00
Payment Year 24: Month 288 0.00 0.00 0.00
289 0.00 0.00 0.00
290 0.00 0.00 0.00
291 0.00 0.00 0.00
292 0.00 0.00 0.00
293 0.00 0.00 0.00
294 0.00 0.00 0.00
295 0.00 0.00 0.00
296 0.00 0.00 0.00
297 0.00 0.00 0.00
298 0.00 0.00 0.00
299 0.00 0.00 0.00
Payment Year 25: Month 300 0.00 0.00 0.00
301 0.00 0.00 0.00
302 0.00 0.00 0.00
303 0.00 0.00 0.00
304 0.00 0.00 0.00
305 0.00 0.00 0.00
306 0.00 0.00 0.00
307 0.00 0.00 0.00
308 0.00 0.00 0.00
309 0.00 0.00 0.00
310 0.00 0.00 0.00
311 0.00 0.00 0.00
Payment Year 26: Month 312 0.00 0.00 0.00
313 0.00 0.00 0.00
314 0.00 0.00 0.00
315 0.00 0.00 0.00
316 0.00 0.00 0.00
317 0.00 0.00 0.00
318 0.00 0.00 0.00
319 0.00 0.00 0.00
320 0.00 0.00 0.00
321 0.00 0.00 0.00
322 0.00 0.00 0.00
323 0.00 0.00 0.00
Payment Year 27: Month 324 0.00 0.00 0.00
325 0.00 0.00 0.00
326 0.00 0.00 0.00
327 0.00 0.00 0.00
328 0.00 0.00 0.00
329 0.00 0.00 0.00
330 0.00 0.00 0.00
331 0.00 0.00 0.00
332 0.00 0.00 0.00
333 0.00 0.00 0.00
334 0.00 0.00 0.00
335 0.00 0.00 0.00
Payment Year 28: Month 336 0.00 0.00 0.00
337 0.00 0.00 0.00
338 0.00 0.00 0.00
339 0.00 0.00 0.00
340 0.00 0.00 0.00
341 0.00 0.00 0.00
342 0.00 0.00 0.00
343 0.00 0.00 0.00
344 0.00 0.00 0.00
345 0.00 0.00 0.00
346 0.00 0.00 0.00
347 0.00 0.00 0.00
Payment Year 29: Month 348 0.00 0.00 0.00
349 0.00 0.00 0.00
350 0.00 0.00 0.00
351 0.00 0.00 0.00
352 0.00 0.00 0.00
353 0.00 0.00 0.00
354 0.00 0.00 0.00
355 0.00 0.00 0.00
356 0.00 0.00 0.00
357 0.00 0.00 0.00
358 0.00 0.00 0.00
359 0.00 0.00 0.00
Payment Year 30: Month 360 0.00 0.00 0.00
361 0.00 0.00 0.00
362 0.00 0.00 0.00
363 0.00 0.00 0.00
364 0.00 0.00 0.00
365 0.00 0.00 0.00
366 0.00 0.00 0.00
367 0.00 0.00 0.00
368 0.00 0.00 0.00
369 0.00 0.00 0.00
370 0.00 0.00 0.00
371 0.00 0.00 0.00
372 0.00 0.00 0.00
373 0.00 0.00 0.00
374 0.00 0.00 0.00
375 0.00 0.00 0.00
376 0.00 0.00 0.00
377 0.00 0.00 0.00
378 0.00 0.00 0.00
379 0.00 0.00 0.00
380 0.00 0.00 0.00
381 0.00 0.00 0.00
382 0.00 0.00 0.00
383 0.00 0.00 0.00
384 0.00 0.00 0.00
385 0.00 0.00 0.00
386 0.00 0.00 0.00
387 0.00 0.00 0.00
388 0.00 0.00 0.00
389 0.00 0.00 0.00
390 0.00 0.00 0.00
391 0.00 0.00 0.00
392 0.00 0.00 0.00
393 0.00 0.00 0.00
394 0.00 0.00 0.00
395 0.00 0.00 0.00
396 0.00 0.00 0.00
397 0.00 0.00 0.00
398 0.00 0.00 0.00
399 0.00 0.00 0.00
400 0.00 0.00 0.00
401 0.00 0.00 0.00
402 0.00 0.00 0.00
403 0.00 0.00 0.00
404 0.00 0.00 0.00
405 0.00 0.00 0.00
406 0.00 0.00 0.00
407 0.00 0.00 0.00
408 0.00 0.00 0.00
409 0.00 0.00 0.00
410 0.00 0.00 0.00
411 0.00 0.00 0.00
412 0.00 0.00 0.00
413 0.00 0.00 0.00
414 0.00 0.00 0.00
415 0.00 0.00 0.00
416 0.00 0.00 0.00
417 0.00 0.00 0.00
418 0.00 0.00 0.00
419 0.00 0.00 0.00
Payment Year 35: Month 420 0.00 0.00 0.00
421 0.00 0.00 0.00
422 0.00 0.00 0.00
423 0.00 0.00 0.00
424 0.00 0.00 0.00
425 0.00 0.00 0.00
426 0.00 0.00 0.00
427 0.00 0.00 0.00
428 0.00 0.00 0.00
429 0.00 0.00 0.00
430 0.00 0.00 0.00
431 0.00 0.00 0.00
432 0.00 0.00 0.00
433 0.00 0.00 0.00
434 0.00 0.00 0.00
435 0.00 0.00 0.00
436 0.00 0.00 0.00
437 0.00 0.00 0.00
438 0.00 0.00 0.00
439 0.00 0.00 0.00
440 0.00 0.00 0.00
441 0.00 0.00 0.00
442 0.00 0.00 0.00
443 0.00 0.00 0.00
444 0.00 0.00 0.00
445 0.00 0.00 0.00
446 0.00 0.00 0.00
447 0.00 0.00 0.00
448 0.00 0.00 0.00
449 0.00 0.00 0.00
450 0.00 0.00 0.00
451 0.00 0.00 0.00
452 0.00 0.00 0.00
453 0.00 0.00 0.00
454 0.00 0.00 0.00
455 0.00 0.00 0.00
456 0.00 0.00 0.00
457 0.00 0.00 0.00
458 0.00 0.00 0.00
459 0.00 0.00 0.00
460 0.00 0.00 0.00
461 0.00 0.00 0.00
462 0.00 0.00 0.00
463 0.00 0.00 0.00
464 0.00 0.00 0.00
465 0.00 0.00 0.00
466 0.00 0.00 0.00
467 0.00 0.00 0.00
468 0.00 0.00 0.00
469 0.00 0.00 0.00
470 0.00 0.00 0.00
471 0.00 0.00 0.00
472 0.00 0.00 0.00
473 0.00 0.00 0.00
474 0.00 0.00 0.00
475 0.00 0.00 0.00
476 0.00 0.00 0.00
477 0.00 0.00 0.00
478 0.00 0.00 0.00
479 0.00 0.00 0.00
Payment Year 40: Month 480 0.00 0.00 0.00
TERM
Terms in Years Term in Months
10 years 120 months
15 years 180 months
20 years 240 months
25 years 300 months
30 years 360 months
40 years 480 months
Interest-Only enter 3600
for financial guides:
http://www.SayLending.com

roll down table to analyze payoff term


signated month under Column K

Accumulated Payments Made: Additional


Lump-Sum
Principal Interest Payment:

20,335.15 15,000.00 0.00 << enter any additional amount paid by month
40,822.82 29,847.49
61,464.15 44,541.32
82,260.28 59,080.33
103,212.39 73,463.38
124,321.64 87,689.29
145,589.21 101,756.88
167,016.28 115,664.96
188,604.06 129,412.34
210,353.74 142,997.81
232,266.55 156,420.15
254,343.70 169,678.15
276,586.44 182,770.58
298,995.99 195,696.18
321,573.61 208,453.71
344,320.57 221,041.90
367,238.13 233,459.50
390,327.57 245,705.21
413,590.18 257,777.76
437,027.26 269,675.83
460,640.12 281,398.13
484,430.08 292,943.33
508,398.46 304,310.10
532,546.60 315,497.11
556,875.86 326,503.01
581,387.58 337,326.44
606,083.14 347,966.04
630,963.92 358,420.41
656,031.30 368,688.18
681,286.69 378,767.95
706,731.50 388,658.30
732,367.14 398,357.81
758,195.05 407,865.06
784,216.67 417,178.60
810,433.45 426,296.97
836,846.85 435,218.72
863,458.36 443,942.37
890,269.45 452,466.43
917,281.62 460,789.41
944,496.39 468,909.80
971,915.27 476,826.08
999,539.79 484,536.71
1,027,371.49 492,040.16
1,055,411.93 499,334.88
1,083,662.68 506,419.29
1,112,125.30 513,291.82
1,140,801.40 519,950.88
1,169,692.56 526,394.87
1,198,800.41 532,622.17
1,228,126.57 538,631.17
1,257,672.67 544,420.22
1,287,440.37 549,987.67
1,317,431.33 555,331.87
1,347,647.22 560,451.14
1,378,089.73 565,343.78
1,408,760.56 570,008.11
1,439,661.42 574,442.41
1,470,794.03 578,644.95
1,502,160.14 582,613.99
1,533,761.50 586,347.79
1,565,599.86 589,844.58
1,597,677.02 593,102.58
1,629,994.75 596,120.00
1,662,554.86 598,895.04
1,695,359.18 601,425.88
1,728,409.53 603,710.68
1,761,707.75 605,747.61
1,795,255.72 607,534.81
1,829,055.29 609,070.39
1,863,108.36 610,352.47
1,897,416.83 611,379.16
1,931,982.61 612,148.53
1,966,807.63 612,658.66
2,001,893.84 612,907.61
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
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paid by month
8.25
9.00
9.25
9.50
9.50
45.50
9

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