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Mortgage amortization schedule1

Mortgage amortization schedule1 - Aug $10,479.13 $292.96...

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Mortgage Amortization Inputs Key Figures Loan principal amount $12,000.00  Annual loan payments $3,515.52  Annual interest rate 8.000% Monthly payments $292.96  Loan period in years Interest in first calendar year $864.18  Base year of loan 2006  Interest over term of loan $2,062.08  Base month of loan Sum of all payments $14,062.08  Payments in First 12 Months Year Month Payment  Principal  Interest  Ending Balance 2006  Jan $12,000.00  $292.96  $212.96  $80.00  $212.96  $80.00  $11,787.04  Feb $11,787.04  $292.96  $214.38  $78.58  $427.34  $158.58  $11,572.66  Mar $11,572.66  $292.96  $215.81  $77.15  $643.15  $235.73  $11,356.85  Apr $11,356.85  $292.96  $217.25  $75.71  $860.40  $311.44  $11,139.60  May $11,139.60  $292.96  $218.70  $74.26  $1,079.10  $385.70  $10,920.90  Jun $10,920.90  $292.96  $220.15  $72.81  $1,299.25  $458.51  $10,700.75  Jul $10,700.75  $292.96  $221.62  $71.34  $1,520.87  $529.85  $10,479.13 
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Unformatted text preview: Aug $10,479.13 $292.96 $223.10 $69.86 $1,743.97 $599.71 $10,256.03 Sep $10,256.03 $292.96 $224.59 $68.37 $1,968.56 $668.08 $10,031.44 Oct $10,031.44 $292.96 $226.08 $66.88 $2,194.64 $734.96 $9,805.36 Nov $9,805.36 $292.96 $227.59 $65.37 $2,422.23 $800.33 $9,577.77 Dec $9,577.77 $292.96 $229.11 $63.85 $2,651.34 $864.18 $9,348.66 Yearly Schedule of Balances and Payments Year Payment Principal Interest 2007 $9,348.66 $3,515.52 $2,871.16 $644.36 $5,522.50 $1,508.54 $6,477.50 2008 $6,477.50 $3,515.52 $3,109.70 $405.82 $8,632.20 $1,914.36 $3,367.80 2009 $3,367.80 $3,515.52 $3,367.80 $147.72 $12,000.00 $2,062.08 $0.00 Beginning Balance Cumulative Principal Cumulative Interest Beginning Balance Cumulative Principal Cumulative Interest Ending Balance...
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