Summit Mortgage Corp.

Principal After X Years

Calculations

Principal Loan Balance:	$
Annual Interest Rate:	%
Amortization Length (Years):
Payments Made (Years):

This calculator will provide the principal balance you have on your loan after you have made the specified number of payments. The results from this calculator can help in analyzing adjustable rate products in additions to analyzing new payments at various interest rates using the mortgage payment calculator. You can begin the calculation by specifying the Loan amount, Amortization Length of Loan (Years), Interest Rate (%), and payments made (Years). Then click the Calculate Now button!

Your Results

Loan Amount:	$	150,000.00
Interest Rate:	$	8
Payments Made/Total:	$	60 / 360
Principal Balance:	$	142,604.79
The accuracy and use of this calculator is not guaranteed.