Loan Calculator

This worksheet can help you calculate loan Loan Amount: 250,000
costs. Enter values into the yellow boxes, Annual Interest Rate: 11.10%
replacing the sample data. Results will be
Length of Loan (in Years): 5
shown in the green boxes.
Number of Payments Per Year: 12
This worksheet is locked to preserve the Total Number of Periods: 60
formulas that calculate your results. Payment Per Period: 5,448.08
Total Interest Paid: 76,884.91
Total Payments: 326,884.91

Period Payment Principal Interest Total Interest Paid New Payoff Amount

1 5,448.08 3,135.58 2,312.50 2,312.50 246,864.42

2 5,448.08 3,164.59 2,283.50 4,596.00 243,699.83
3 5,448.08 3,193.86 2,254.22 6,850.22 240,505.97
4 5,448.08 3,223.40 2,224.68 9,074.90 237,282.57
5 5,448.08 3,253.22 2,194.86 11,269.76 234,029.35
6 5,448.08 3,283.31 2,164.77 13,434.53 230,746.04
7 5,448.08 3,313.68 2,134.40 15,568.94 227,432.36
8 5,448.08 3,344.33 2,103.75 17,672.69 224,088.03
9 5,448.08 3,375.27 2,072.81 19,745.50 220,712.76
10 5,448.08 3,406.49 2,041.59 21,787.09 217,306.27
11 5,448.08 3,438.00 2,010.08 23,797.18 213,868.28
12 5,448.08 3,469.80 1,978.28 25,775.46 210,398.48
13 5,448.08 3,501.90 1,946.19 27,721.64 206,896.58
14 5,448.08 3,534.29 1,913.79 29,635.44 203,362.29
15 5,448.08 3,566.98 1,881.10 31,516.54 199,795.31
16 5,448.08 3,599.98 1,848.11 33,364.64 196,195.34
17 5,448.08 3,633.27 1,814.81 35,179.45 192,562.06
18 5,448.08 3,666.88 1,781.20 36,960.65 188,895.18
19 5,448.08 3,700.80 1,747.28 38,707.93 185,194.38
20 5,448.08 3,735.03 1,713.05 40,420.98 181,459.34
21 5,448.08 3,769.58 1,678.50 42,099.48 177,689.76
22 5,448.08 3,804.45 1,643.63 43,743.11 173,885.31
23 5,448.08 3,839.64 1,608.44 45,351.55 170,045.67
24 5,448.08 3,875.16 1,572.92 46,924.47 166,170.51
25 5,448.08 3,911.00 1,537.08 48,461.55 162,259.50
26 5,448.08 3,947.18 1,500.90 49,962.45 158,312.32
27 5,448.08 3,983.69 1,464.39 51,426.84 154,328.63
28 5,448.08 4,020.54 1,427.54 52,854.38 150,308.09
29 5,448.08 4,057.73 1,390.35 54,244.73 146,250.35
30 5,448.08 4,095.27 1,352.82 55,597.54 142,155.09
31 5,448.08 4,133.15 1,314.93 56,912.48 138,021.94
32 5,448.08 4,171.38 1,276.70 58,189.18 133,850.56
33 5,448.08 4,209.96 1,238.12 59,427.30 129,640.60
34 5,448.08 4,248.91 1,199.18 60,626.47 125,391.69
35 5,448.08 4,288.21 1,159.87 61,786.34 121,103.48
36 5,448.08 4,327.87 1,120.21 62,906.55 116,775.61
37 5,448.08 4,367.91 1,080.17 63,986.73 112,407.70
38 5,448.08 4,408.31 1,039.77 65,026.50 107,999.39
39 5,448.08 4,449.09 998.99 66,025.49 103,550.30
40 5,448.08 4,490.24 957.84 66,983.33 99,060.06
41 5,448.08 4,531.78 916.31 67,899.64 94,528.28
42 5,448.08 4,573.70 874.39 68,774.02 89,954.59
43 5,448.08 4,616.00 832.08 69,606.10 85,338.59
44 5,448.08 4,658.70 789.38 70,395.49 80,679.89
45 5,448.08 4,701.79 746.29 71,141.78 75,978.09
46 5,448.08 4,745.28 702.80 71,844.57 71,232.81
47 5,448.08 4,789.18 658.90 72,503.48 66,443.63
48 5,448.08 4,833.48 614.60 73,118.08 61,610.15
49 5,448.08 4,878.19 569.89 73,687.97 56,731.97
50 5,448.08 4,923.31 524.77 74,212.74 51,808.65
51 5,448.08 4,968.85 479.23 74,691.97 46,839.80
52 5,448.08 5,014.81 433.27 75,125.24 41,824.99
53 5,448.08 5,061.20 386.88 75,512.12 36,763.79

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Period Payment Principal Interest Total Interest Paid New Payoff Amount

54 5,448.08 5,108.02 340.07 75,852.19 31,655.77

55 5,448.08 5,155.27 292.82 76,145.00 26,500.51
56 5,448.08 5,202.95 245.13 76,390.13 21,297.55
57 5,448.08 5,251.08 197.00 76,587.14 16,046.47
58 5,448.08 5,299.65 148.43 76,735.57 10,746.82
59 5,448.08 5,348.67 99.41 76,834.97 5,398.15
60 5,448.08 5,398.15 49.93 76,884.91 0.00

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Period Payment Principal Interest Total Interest Paid New Payoff Amount

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Period Payment Principal Interest Total Interest Paid New Payoff Amount

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Period Payment Principal Interest Total Interest Paid New Payoff Amount

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Period Payment Principal Interest Total Interest Paid New Payoff Amount

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