This is a simple calculator that shows you the principal
balance of your loan over its entire term. You will be
able to see what portion of your monthly payment amount
is paying for the interest and which is paying down your
balance. Over time, the interest amount goes down and
the principal amount goes up.
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. The results displayed above are only estimates and cannot be used to determine actual loan cost or be used as a guarantee. Your individual results may vary. Please contact your loan consultant for an official estimate.