Interest-Only with Additional Payments Calculator
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Loan Information
Amount :
($)
Interest Rate :
(%)
Length :
(Years)
Additional Payment :
($)
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Financial Analysis (
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Interest-Only
With Additional Payment
Average Monthly Payment :
$1,041.67
$1,054.27
Months Paid :
360
360
Total Monthly Payments :
$375,000.00
$379,537.50
Total Interests Paid :
$375,000.00
$361,537.50
Interest Savings :
$13,462.50
Balance :
$250,000.00
$232,000.00
Equity Appreciation
$0.00
$18,000.00
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.