Mortgage Parameters
Loan amount: $
Interest rate: %
Loan term: years
Property tax: %
PMI: %

Output Parameters

Mortgage Summary
Amount:$100,000.00Payment: $777.90
Term:30 yearsPeriods:360
Total Interest:$127,544.49Interest rate:6.50%
Property Tax:1.25%Total tax:$37,500.00
PMI rate:0.50%Total PMI:$15,000.00

Monthly Versus Bi-Weekly Payments
Monthly:$777.90Bi-Weekly: $383.34
Total Interest:$127,544.49Total Interest:$97,967.92
Total Interest Savings: $29,576.57
72 months shorter loan

YearInterestPrincipalBalance
16,467.091,117.7398,882.27
26,392.231,192.5897,689.69
36,312.371,272.4596,417.24
46,227.151,357.6795,059.57
56,136.221,448.6093,610.98
66,039.211,545.6192,065.37
75,935.691,649.1290,416.24
85,825.251,759.5788,656.68
95,707.411,877.4186,779.27
105,581.672,003.1484,776.13
115,447.522,137.3082,638.83
125,304.382,280.4480,358.39
135,151.662,433.1677,925.23
144,988.702,596.1175,329.12
154,814.842,769.9872,559.14
164,629.332,955.4969,603.65
174,431.393,153.4366,450.23
184,220.203,364.6263,085.61
193,994.873,589.9559,495.66
203,754.443,830.3855,665.28
213,497.914,086.9051,578.38
223,224.214,360.6147,217.77
232,932.174,652.6542,565.12
242,620.574,964.2537,600.87
252,288.115,296.7132,304.16
261,933.385,651.4426,652.72
271,554.896,029.9320,622.79
281,151.056,433.7614,189.03
29720.176,864.657,324.38
30260.437,324.380.00

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