Or, if you are looking to calculate the current balance on a loan where regular payments have been skipped altogether, please visit the Lender Loan Balance Calculator.
If you are looking to calculate the current balance on a loan that you have been making the prescribed monthly payments on, please visit the Remaining Balance Calculator instead. csv file for importing into Excel or Open Office Calc spreadsheets. Note that the member version of this calculator includes a feature for downloading a. The calculator also includes an option for displaying and printing a revised schedule of payments, which includes the principal and interest breakdown for each payment period.Īnd finally, you will also have the option of downloading a. In other words, this calculator will help you to estimate the current balance, months remaining, and interest cost difference that would result from deviating from the original loan payment schedule (making extra or balloon payments on an irregular basis). This free online calculator will create an editable monthly loan amortization schedule based on the original loan terms wherein each payment amount can be changed and/or added to.
