Amortization Calculator Excel is a tool to calculate monthly payments for loans with fixed interest. Borrowers have option to export the amortization schedule into an excel spreadsheet.
Loan Summary |
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Loan Amount: |
$85,000.00 | ||||
Monthly Payment: |
$1,924.93 | ||||
Total # Of Payments: |
48 | ||||
Start Date: |
Mar, 2023 | ||||
Payoff Date: |
Feb, 2027 | ||||
Total Interest Paid: |
$7,396.66 | ||||
Total Payment: |
$92,396.66 | ||||
Amortization Schedule |
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| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance |
|---|---|---|---|---|---|
| Mar, 2023 | 1 | $293.96 | $1,630.97 | $1,924.93 | $83,369.03 |
| Apr, 2023 | 2 | $288.32 | $1,636.61 | $1,924.93 | $81,732.42 |
| May, 2023 | 3 | $282.66 | $1,642.27 | $1,924.93 | $80,090.14 |
| Jun, 2023 | 4 | $276.98 | $1,647.95 | $1,924.93 | $78,442.19 |
| Jul, 2023 | 5 | $271.28 | $1,653.65 | $1,924.93 | $76,788.54 |
| Aug, 2023 | 6 | $265.56 | $1,659.37 | $1,924.93 | $75,129.17 |
| Sep, 2023 | 7 | $259.82 | $1,665.11 | $1,924.93 | $73,464.06 |
| Oct, 2023 | 8 | $254.06 | $1,670.87 | $1,924.93 | $71,793.19 |
| Nov, 2023 | 9 | $248.28 | $1,676.65 | $1,924.93 | $70,116.55 |
| Dec, 2023 | 10 | $242.49 | $1,682.44 | $1,924.93 | $68,434.10 |
| Jan, 2024 | 11 | $236.67 | $1,688.26 | $1,924.93 | $66,745.84 |
| Feb, 2024 | 12 | $230.83 | $1,694.10 | $1,924.93 | $65,051.74 |
| Mar, 2024 | 13 | $224.97 | $1,699.96 | $1,924.93 | $63,351.78 |
| Apr, 2024 | 14 | $219.09 | $1,705.84 | $1,924.93 | $61,645.94 |
| May, 2024 | 15 | $213.19 | $1,711.74 | $1,924.93 | $59,934.20 |
| Jun, 2024 | 16 | $207.27 | $1,717.66 | $1,924.93 | $58,216.55 |
| Jul, 2024 | 17 | $201.33 | $1,723.60 | $1,924.93 | $56,492.95 |
| Aug, 2024 | 18 | $195.37 | $1,729.56 | $1,924.93 | $54,763.39 |
| Sep, 2024 | 19 | $189.39 | $1,735.54 | $1,924.93 | $53,027.85 |
| Oct, 2024 | 20 | $183.39 | $1,741.54 | $1,924.93 | $51,286.31 |
| Nov, 2024 | 21 | $177.37 | $1,747.57 | $1,924.93 | $49,538.74 |
| Dec, 2024 | 22 | $171.32 | $1,753.61 | $1,924.93 | $47,785.13 |
| Jan, 2025 | 23 | $165.26 | $1,759.67 | $1,924.93 | $46,025.46 |
| Feb, 2025 | 24 | $159.17 | $1,765.76 | $1,924.93 | $44,259.70 |
| Mar, 2025 | 25 | $153.06 | $1,771.87 | $1,924.93 | $42,487.84 |
| Apr, 2025 | 26 | $146.94 | $1,777.99 | $1,924.93 | $40,709.84 |
| May, 2025 | 27 | $140.79 | $1,784.14 | $1,924.93 | $38,925.70 |
| Jun, 2025 | 28 | $134.62 | $1,790.31 | $1,924.93 | $37,135.39 |
| Jul, 2025 | 29 | $128.43 | $1,796.50 | $1,924.93 | $35,338.88 |
| Aug, 2025 | 30 | $122.21 | $1,802.72 | $1,924.93 | $33,536.17 |
| Sep, 2025 | 31 | $115.98 | $1,808.95 | $1,924.93 | $31,727.22 |
| Oct, 2025 | 32 | $109.72 | $1,815.21 | $1,924.93 | $29,912.01 |
| Nov, 2025 | 33 | $103.45 | $1,821.48 | $1,924.93 | $28,090.52 |
| Dec, 2025 | 34 | $97.15 | $1,827.78 | $1,924.93 | $26,262.74 |
| Jan, 2026 | 35 | $90.83 | $1,834.11 | $1,924.93 | $24,428.63 |
| Feb, 2026 | 36 | $84.48 | $1,840.45 | $1,924.93 | $22,588.19 |
| Mar, 2026 | 37 | $78.12 | $1,846.81 | $1,924.93 | $20,741.37 |
| Apr, 2026 | 38 | $71.73 | $1,853.20 | $1,924.93 | $18,888.17 |
| May, 2026 | 39 | $65.32 | $1,859.61 | $1,924.93 | $17,028.57 |
| Jun, 2026 | 40 | $58.89 | $1,866.04 | $1,924.93 | $15,162.53 |
| Jul, 2026 | 41 | $52.44 | $1,872.49 | $1,924.93 | $13,290.03 |
| Aug, 2026 | 42 | $45.96 | $1,878.97 | $1,924.93 | $11,411.06 |
| Sep, 2026 | 43 | $39.46 | $1,885.47 | $1,924.93 | $9,525.60 |
| Oct, 2026 | 44 | $32.94 | $1,891.99 | $1,924.93 | $7,633.61 |
| Nov, 2026 | 45 | $26.40 | $1,898.53 | $1,924.93 | $5,735.08 |
| Dec, 2026 | 46 | $19.83 | $1,905.10 | $1,924.93 | $3,829.98 |
| Jan, 2027 | 47 | $13.25 | $1,911.69 | $1,924.93 | $1,918.30 |
| Feb, 2027 | 48 | $6.63 | $1,918.30 | $1,924.93 | $0.00 |
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