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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