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Amortization Charts

Amortization of 8 years:
Example: \$5000 x 9% x 8 years = \$3,600.00
\$3,600 + \$5,000 = \$8,600.00
\$8,600/96 months = \$ 89.58

 9% 9.5% 10% \$ 5,000 \$ 89.58 \$91.67 \$93.75 \$10,000 \$179.17 \$183.33 \$187.50 \$15,000 \$268.75 \$275.00 \$281.25 \$20,000 \$358.33 \$366.67 \$375.00 \$25,000 \$447.92 \$458.33 \$468.75

Amortization of 10 years:
Example: \$5,000 x 9% x 10 years = \$4,500.00
\$4,500 + \$5,000 = \$9,500.00
\$9,500/120 = \$ 79.17

 9% 9.5% 10% \$5,000 \$79.17 \$81.25 \$83.33 \$10,000 \$158.33 \$162.50 \$166.67 \$15,000 \$237.50 \$243.75 \$250.00 \$20,000 \$316.67 \$325.00 \$333.33 \$25,000 \$395.83 \$406.25 \$416.67

Amortization of 15 years:
Example: \$5,000 x 9% x 15 years = \$ 6,750.00
\$6,750.00 + \$5,000 = \$11,750.00
\$11,750.00/180 = \$ 65.28

 9% 9.5% 10% \$5,000 \$65.28 \$67.36 \$69.44 \$10,000 \$130.56 \$134.72 \$138.89 \$15,000 \$195.83 \$202.08 \$208.33 \$20,000 \$261.11 \$269.44 \$277.78 \$25,000 \$326.39 \$336.81 \$347.22

Please note: These calculations are slightly higher estimates and do not take in consideration the reduction in interest payments over time.

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