Transcription of Sample Amortization Schedules - Freddie Mac
1 Sample Amortization SchedulesLoan Amount:$10,000 | Term of the Loan:5 years| Interest Rate:10%Calculation Results:Monthly loan payments:$ interest paid over the life of the loan:$2, Year Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 8, 1, 2002 6, 1, 1, 2003 4, 1, 2, 2004 2, 2, 2, 2005 2, 2, Loan Amount:$10,000 | Term of the Loan:5 years| Interest Rate:25%Calculation Results:Monthly loan payments.
2 $ interest paid over the life of the loan:$7, Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 8, 2, 1, 2, 2002 7, 2, 1, 4, 2003 5, 1, 1, 6, 2004 3, 1, 2, 7, 3, 7, Sample Amortization SchedulesLoan Amount:$12,000 | Term of the Loan:5 years| Interest Rate:10%Calculation Results:Monthly loan payments:$ interest paid over the life of the loan:$3, Year Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 10, 1, 1, 1, 2002 7, 2, 2, 2003 5, 2, 2, 2004 2, 2, 3, 2005 2, 3, Amount.
3 $12,000 | Term of the Loan:5 years| Interest Rate:25%Calculation Results:Monthly loan payments:$ interest paid over the life of the loan:$9, Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 10, 2, 1, 2, 2002 8, 2, 1, 5, 2003 6, 1, 2, 7, 2004 3, 1, 2, 8, 2005 3, 9, Amortization SchedulesLoan Amount:$15,000 | Term of the Loan:5 years| Interest Rate:10%Calculation Results:Monthly loan payments.
4 $ interest paid over the life of the loan:$ Year Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 12, 1, 2, 1, 2002 9, 1, 2, 2, 2003 6, 2, 3, 2004 3, 3, 3, 2005 3, 4, Amount:$15,000 | Term of the Loan:5 years| Interest Rate:25%Calculation Results:Monthly loan payments:$ interest paid over the life of the loan:$11, Loan Balance Yearly Interest Paid Yearly Principal Paid Total Interest 2001 13, 3, 1, 3, 2002 11, 3, 2, 6, 2003 8, 2, 2, 9, 2004 4, 1, 3, 10, 2005 4, 11.