Loan Calculator

This worksheet can help you calculate loan Loan Amount: 175,000
costs. Enter values into the yellow boxes, Annual Interest Rate: 11.00%
replacing the sample data. Results will be
shown in the green boxes. Length of Loan (in Years): 3
Number of Payments Per Year: 12
This worksheet is locked to preserve the Total Number of Periods: 36
formulas that calculate your results.
Payment Per Period: 5,729.28
Total Interest Paid: 31,253.92
Total Payments: 206,253.92
New Payoff
Period Payment Principal Interest Total Interest Paid
Amount
1 5,729.28 4,125.11 1,604.17 1,604.17 170,874.89
2 5,729.28 4,162.92 1,566.35 3,170.52 166,711.97
3 5,729.28 4,201.08 1,528.19 4,698.71 162,510.89
4 5,729.28 4,239.59 1,489.68 6,188.40 158,271.29
5 5,729.28 4,278.46 1,450.82 7,639.22 153,992.84
6 5,729.28 4,317.67 1,411.60 9,050.82 149,675.16
7 5,729.28 4,357.25 1,372.02 10,422.84 145,317.91
8 5,729.28 4,397.19 1,332.08 11,754.92 140,920.72
9 5,729.28 4,437.50 1,291.77 13,046.69 136,483.21
10 5,729.28 4,478.18 1,251.10 14,297.79 132,005.03
11 5,729.28 4,519.23 1,210.05 15,507.84 127,485.81
12 5,729.28 4,560.66 1,168.62 16,676.46 122,925.15
13 5,729.28 4,602.46 1,126.81 17,803.27 118,322.69
14 5,729.28 4,644.65 1,084.62 18,887.89 113,678.04
15 5,729.28 4,687.23 1,042.05 19,929.94 108,990.81
16 5,729.28 4,730.19 999.08 20,929.03 104,260.62
17 5,729.28 4,773.55 955.72 21,884.75 99,487.06
18 5,729.28 4,817.31 911.96 22,796.71 94,669.75
19 5,729.28 4,861.47 867.81 23,664.52 89,808.28
20 5,729.28 4,906.03 823.24 24,487.76 84,902.25
21 5,729.28 4,951.00 778.27 25,266.03 79,951.25
22 5,729.28 4,996.39 732.89 25,998.92 74,954.86
23 5,729.28 5,042.19 687.09 26,686.00 69,912.67
24 5,729.28 5,088.41 640.87 27,326.87 64,824.26
25 5,729.28 5,135.05 594.22 27,921.09 59,689.21
26 5,729.28 5,182.12 547.15 28,468.24 54,507.08
27 5,729.28 5,229.63 499.65 28,967.89 49,277.45
28 5,729.28 5,277.57 451.71 29,419.60 43,999.89
29 5,729.28 5,325.94 403.33 29,822.93 38,673.95
30 5,729.28 5,374.76 354.51 30,177.45 33,299.18
31 5,729.28 5,424.03 305.24 30,482.69 27,875.15
32 5,729.28 5,473.75 255.52 30,738.21 22,401.39
33 5,729.28 5,523.93 205.35 30,943.56 16,877.47
34 5,729.28 5,574.57 154.71 31,098.27 11,302.90
35 5,729.28 5,625.67 103.61 31,201.88 5,677.23
36 5,729.28 5,677.23 52.04 31,253.92 0.00

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