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Mortgage Calculator: Karl Jeacle's

The document contains a mortgage calculator that shows the details of a $20,000 fixed loan over 10 years at 7% interest including the monthly payments, total interest paid, and remaining balance each year.

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Scott Sweeney
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© Attribution Non-Commercial (BY-NC)
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123 views1 page

Mortgage Calculator: Karl Jeacle's

The document contains a mortgage calculator that shows the details of a $20,000 fixed loan over 10 years at 7% interest including the monthly payments, total interest paid, and remaining balance each year.

Uploaded by

Scott Sweeney
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 PDF, TXT or read online on Scribd
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Karl's Mortgage Calculator Page 1 of 1

Karl Jeacle's

Mortgage Calculator
Fixed Loan Data
Principal: $20,000 Start date: October 2007
September
Interest %: 7.0 End date:
2017
Years: 10 Monthly payment: 232.22
Annual insurance: $0.00 Total interest: $7,865.83
Annual tax: $0.00 Total interest %: 28.23%
Annual inflation %: 2 Real interest: $7,163.55
Prepayment Data
Monthly prepayment: $0.00 Total interest paid: <<no change>>
Starting month #: Savings: $0.00
Annual prepayment: $0.00 Real savings: $0.00
Starting month #: New end date: <<no change>>
One-time prepayment: $0.00 New term length: <<no change>>
Month #: Term shortened by: <<no change>>

Year Interest Principal Balance


2007 $347.97 $348.69 $19,651.31
2008 $1,329.42 $1,457.22 $18,194.09
2009 $1,224.08 $1,562.56 $16,631.53
2010 $1,111.14 $1,675.50 $14,956.03
2011 $990.00 $1,796.64 $13,159.39
2012 $860.12 $1,926.52 $11,232.87
2013 $720.87 $2,065.77 $9,167.10
2014 $571.52 $2,215.12 $6,951.98
2015 $411.39 $2,375.25 $4,576.73
2016 $239.69 $2,546.95 $2,029.78
2017 $59.63 $2,029.78 $0.00

Karl's Mortgage Calculator © Karl Jeacle http://www.jeacle.ie/mortgage/

http://www.jeacle.ie/mortgage/ 10/23/2007

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