Formulas | |
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Compound Period | |
CP | |
Monthly Payment | |
Months per Period | |
nper | |
Payments | |
Periods per Year | |
Variable |
Compound Periods |
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Frequency |
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Totals Assuming No Extra Payments | |
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Total Payments | |
Total Interest | |
Periods Per Year |
Mortgage Information | |
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Loan Amount | |
Annual Interest Rate | |
Term Length (in Years) | |
First Payment Date | |
Compound Period | |
Payment Frequency | |
Monthly Payment | 85.68 |
Home Value or Price | |
Yearly Property Taxes | 2700 |
Yearly H.O. Insurance | 600 |
Monthly PMI | |
PITI Payment | 1206.68 |
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Extra Payments | |
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Start at Payment No | |
Extra Payment | |
Payment Interval | |
Extra Annual Payment | |
Payment # (1-12) | |
Total Extra Payments | 24000 |
Interest Savings | 32724.1 |
Balance Over Time
Balance at a Specified Year | |
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Balance at Year | |
Date | |
Interest Paid | 39065.68 |
Principal Paid | 17035.12 |
Outstanding Balance | 132964.88 |
Summary | |
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Years Until Paid Off | 24.33 |
Number of Payments | 292 |
Last Payment Date | 4/1/2043 |
Total Payments | 271883.65 |
Total Interest | 121883.65 |
Fixed-Rate or ARM | |
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Variable or Fixed Rate | |
Years Rate Remains Fixed | 3 |
Interest Rate Cap | 12 |
Interest Rate Minimum | 4 |
Periods Between Adjustments | 12 |
Estimated Adjustment | 0.25 |
Highest Monthly Payment | 851.68 |
Interest Rate History
Tax Deduction | |
---|---|
Tax Bracket | |
Effective Rate | 4.125 |
Tax Returned | 30471 |
Payment Schedule
No. | Payment Date | Year | Interest Rate | Interest Due | Payment Due | Extra Payments | Additional Payments | Principal Paid | Balance | Tax Refunded | Cmltv Tax Returned |
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