Amortization (ing Unidad 4 MF)
Amortization (ing Unidad 4 MF)
Amortization (ing Unidad 4 MF)
Identification Numb
Course Name, Degre
Date
Student's Full Name
Identification Number
Course Name, Degree
Date
Loan amount $25,000.00 Total interest paid
Annual interest rate 9.50%
Loan term 10 An extraordinary payment of $2,000 i
Monthly interest rate 0.79% months, resulting in early lo
No. of payments 120
Monthly payment (PMT) $323.49
Total Income $38,819.27
0
1 $1,458.06 $732.54 $725.53 $0.00
2 $1,458.06 $728.30 $729.76 $0.00
3 $1,458.06 $724.05 $734.02 $0.00
4 $1,458.06 $719.77 $738.30 $0.00
5 $1,458.06 $715.46 $742.60 $0.00
6 $1,458.06 $711.13 $746.94 $0.00
7 $1,458.06 $706.77 $751.29 $0.00
8 $1,458.06 $702.39 $755.68 $0.00
9 $1,458.06 $697.98 $760.08 $0.00
10 $1,458.06 $693.55 $764.52 $0.00
11 $1,458.06 $689.09 $768.98 $0.00
12 $1,458.06 $684.60 $773.46 $0.00
13 $1,458.06 $680.09 $777.97 $0.00
14 $1,458.06 $675.55 $782.51 $0.00
15 $1,458.06 $670.98 $787.08 $0.00
16 $1,458.06 $666.39 $791.67 $0.00
17 $1,458.06 $661.78 $796.29 $0.00
18 $1,458.06 $657.13 $800.93 $0.00
19 $1,458.06 $652.46 $805.60 $0.00
20 $1,458.06 $647.76 $810.30 $0.00
21 $1,458.06 $643.03 $815.03 $0.00
22 $1,458.06 $638.28 $819.78 $0.00
23 $1,458.06 $633.50 $824.57 $0.00
24 $1,458.06 $628.69 $829.38 $0.00
25 $1,458.06 $623.85 $834.21 $0.00
26 $1,458.06 $618.98 $839.08 $0.00
27 $1,458.06 $614.09 $843.98 $0.00
28 $1,458.06 $609.16 $848.90 $0.00
29 $1,458.06 $604.21 $853.85 $0.00
30 $1,458.06 $599.23 $858.83 $0.00
31 $1,458.06 $594.22 $863.84 $0.00
32 $1,458.06 $589.18 $868.88 $0.00
33 $1,458.06 $584.11 $873.95 $0.00
34 $1,458.06 $579.02 $879.05 $0.00
35 $1,458.06 $573.89 $884.17 $0.00
36 $1,458.06 $568.73 $889.33 $0.00
37 $1,458.06 $563.54 $894.52 $0.00
38 $1,458.06 $558.32 $899.74 $0.00
39 $1,458.06 $553.08 $904.99 $0.00
40 $1,458.06 $547.80 $910.27 $0.00
41 $1,458.06 $542.49 $915.58 $0.00
42 $1,458.06 $537.15 $920.92 $0.00
43 $1,458.06 $531.77 $926.29 $0.00
44 $1,458.06 $526.37 $931.69 $0.00
45 $1,458.06 $520.94 $937.13 $0.00
46 $1,458.06 $515.47 $942.59 $0.00
47 $1,458.06 $509.97 $948.09 $0.00
48 $1,458.06 $504.44 $953.62 $0.00
49 $1,458.06 $498.88 $959.19 $0.00
50 $1,458.06 $493.28 $964.78 $0.00
51 $1,458.06 $487.65 $970.41 $0.00
52 $1,458.06 $481.99 $976.07 $0.00
53 $1,458.06 $476.30 $981.76 $0.00
54 $1,458.06 $470.57 $987.49 $0.00
55 $1,458.06 $464.81 $993.25 $0.00
56 $1,458.06 $459.02 $999.04 $0.00
57 $1,458.06 $453.19 $1,004.87 $0.00
58 $1,458.06 $447.33 $1,010.73 $0.00
59 $1,458.06 $441.43 $1,016.63 $0.00
60 $1,458.06 $435.50 $1,022.56 $0.00
61 $1,458.06 $429.54 $1,028.52 $0.00
62 $1,458.06 $423.54 $1,034.52 $0.00
63 $1,458.06 $417.50 $1,040.56 $0.00
64 $1,458.06 $411.43 $1,046.63 $0.00
65 $1,458.06 $405.33 $1,052.73 $0.00
66 $1,458.06 $399.19 $1,058.88 $0.00
67 $1,458.06 $393.01 $1,065.05 $0.00
68 $1,458.06 $386.80 $1,071.27 $0.00
69 $1,458.06 $380.55 $1,077.51 $0.00
70 $1,458.06 $374.26 $1,083.80 $0.00
71 $1,458.06 $367.94 $1,090.12 $0.00
72 $1,458.06 $361.58 $1,096.48 $0.00
73 $1,458.06 $355.19 $1,102.88 $0.00
74 $1,458.06 $348.75 $1,109.31 $0.00
75 $1,458.06 $342.28 $1,115.78 $0.00
76 $1,458.06 $335.77 $1,122.29 $0.00
77 $1,458.06 $329.23 $1,128.84 $0.00
78 $1,458.06 $322.64 $1,135.42 $0.00
79 $1,458.06 $316.02 $1,142.05 $0.00
80 $1,458.06 $309.36 $1,148.71 $0.00
81 $1,458.06 $302.66 $1,155.41 $0.00
82 $1,458.06 $295.92 $1,162.15 $0.00
83 $1,458.06 $289.14 $1,168.93 $0.00
84 $1,458.06 $282.32 $1,175.75 $0.00
85 $1,458.06 $275.46 $1,182.60 $0.00
86 $1,458.06 $268.56 $1,189.50 $0.00
87 $1,458.06 $261.62 $1,196.44 $0.00
88 $1,458.06 $254.64 $1,203.42 $0.00
89 $1,458.06 $247.62 $1,210.44 $0.00
90 $1,458.06 $240.56 $1,217.50 $0.00
91 $1,458.06 $233.46 $1,224.60 $0.00
92 $1,458.06 $226.32 $1,231.75 $0.00
93 $1,458.06 $219.13 $1,238.93 $0.00
94 $1,458.06 $211.90 $1,246.16 $0.00
95 $1,458.06 $204.63 $1,253.43 $0.00
96 $1,458.06 $197.32 $1,260.74 $0.00
97 $1,458.06 $189.97 $1,268.09 $0.00
98 $1,458.06 $182.57 $1,275.49 $0.00
99 $1,458.06 $175.13 $1,282.93 $0.00
100 $1,458.06 $167.65 $1,290.42 $0.00
101 $1,458.06 $160.12 $1,297.94 $0.00
102 $1,458.06 $152.55 $1,305.51 $0.00
103 $1,458.06 $144.93 $1,313.13 $0.00
104 $1,458.06 $137.27 $1,320.79 $0.00
105 $1,458.06 $129.57 $1,328.49 $0.00
106 $1,458.06 $121.82 $1,336.24 $0.00
107 $1,458.06 $114.02 $1,344.04 $0.00
108 $1,458.06 $106.18 $1,351.88 $0.00
109 $1,458.06 $98.30 $1,359.77 $0.00
110 $1,458.06 $90.37 $1,367.70 $0.00
111 $1,458.06 $82.39 $1,375.68 $0.00
112 $1,458.06 $74.36 $1,383.70 $0.00
113 $1,458.06 $66.29 $1,391.77 $0.00
114 $1,458.06 $58.17 $1,399.89 $0.00
115 $1,458.06 $50.01 $1,408.06 $0.00
116 $1,458.06 $41.79 $1,416.27 $0.00
117 $1,458.06 $33.53 $1,424.53 $0.00
118 $1,458.06 $25.22 $1,432.84 $0.00
119 $1,458.06 $16.86 $1,441.20 $0.00
120 $1,458.06 $8.46 $1,449.61 $0.00
Loan Balance
$191,250.00
$190,860.03
$190,467.95
$190,073.74
$189,677.40
$189,278.91
$188,878.26
$188,475.44
$188,070.44
$187,663.25
$187,253.85
$186,842.23
$186,428.38
$186,012.30
$185,593.95
$185,173.35
$184,750.46
$184,325.28
$183,897.80
$183,468.01
$183,035.88
$182,601.42
$182,164.60
$181,725.42
$181,283.85
$180,839.90
$180,393.54
$179,944.76
$179,493.56
$179,039.90
$178,583.80
$178,125.22
$177,664.15
$177,200.59
$176,734.52
$176,265.92
$175,794.79
$175,321.10
$174,844.85
$174,366.02
$173,884.59
$173,400.56
$172,913.90
$172,424.61
$171,932.67
$171,438.06
$170,940.77
$170,440.79
$169,938.11
$169,432.70
$168,924.55
$168,413.65
$167,899.98
$167,383.53
$166,864.28
$166,342.22
$165,817.33
$165,289.60
$164,759.01
$164,225.55
$163,689.19
$163,149.93
$162,607.75
$162,062.64
$161,514.57
$160,963.53
$160,409.51
$159,852.48
$159,292.44
$158,729.37
$158,163.24
$157,594.05
$157,021.78
$156,446.41
$155,867.91
$155,286.29
$154,701.52
$154,113.57
$153,522.45
$152,928.12
$152,330.57
$151,729.79
$151,125.75
$150,518.44
$149,907.84
$149,293.93
$148,676.69
$148,056.12
$147,432.18
$146,804.86
$146,174.15
$145,540.01
$144,902.45
$144,261.43
$143,616.93
$142,968.95
$142,317.46
$141,662.44
$141,003.86
$140,341.73
$139,676.00
$139,006.67
$138,333.72
$137,657.12
$136,976.85
$136,292.90
$135,605.24
$134,913.86
$134,218.74
$133,519.85
$132,817.17
$132,110.69
$131,400.38
$130,686.22
$129,968.20
$129,246.28
$128,520.46
$127,790.70
$127,057.00
$126,319.31
$125,577.63
$124,831.94
$124,082.20
$123,328.40
$122,570.52
$121,808.54
$121,042.43
$120,272.17
$119,497.73
$118,719.10
$117,936.25
$117,149.17
$116,357.82
$115,562.18
$114,762.23
$113,957.95
$113,149.32
$112,336.30
$111,518.88
$110,697.03
$109,870.73
$109,039.96
$108,204.68
$107,364.88
$106,520.53
$105,671.61
$104,818.09
$103,959.95
$103,097.15
$102,229.69
$101,357.52
$100,480.63
$99,599.00
$98,712.58
$97,821.37
$96,925.32
$96,024.43
$95,118.65
$94,207.97
$93,292.35
$92,371.78
$91,446.22
$90,515.64
$89,580.03
$88,639.34
$87,693.56
$86,742.66
$85,786.61
$84,825.38
$83,858.94
$82,887.27
$81,910.33
$80,928.10
$79,940.56
$78,947.66
$77,949.38
$76,945.70
$75,936.58
$74,921.99
$73,901.91
$72,876.31
$71,845.14
$70,808.40
$69,766.03
$68,718.03
$67,664.34
$66,604.95
$65,539.81
$64,468.91
$63,392.21
$62,309.68
$61,221.28
$60,126.99
$59,026.76
$57,920.58
$56,808.41
$55,690.22
$54,565.96
$53,435.62
$52,299.15
$51,156.53
$50,007.72
$48,852.69
$47,691.40
$46,523.82
$45,349.91
$44,169.65
$42,982.99
$41,789.91
$40,590.36
$39,384.32
$38,171.74
$36,952.60
$35,726.85
$34,494.46
$33,255.40
$32,009.62
$30,757.10
$29,497.79
$28,231.66
$26,958.67
$25,678.79
$24,391.98
$23,098.19
$21,797.40
$20,489.56
$19,174.63
$17,852.59
$16,523.38
$15,186.97
$13,843.33
$12,492.40
$11,134.16
$9,768.56
$8,395.57
$7,015.14
$5,627.23
$4,231.80
$2,828.81
$1,418.23
$0.00
$125,577.63
$124,852.11
$124,122.35
$123,388.33
$122,650.03
$121,907.43
$121,160.49
$120,409.20
$119,653.52
$118,893.44
$118,128.92
$117,359.95
$116,586.48
$115,808.51
$115,025.99
$114,238.92
$113,447.25
$112,650.96
$111,850.03
$111,044.42
$110,234.12
$109,419.09
$108,599.31
$107,774.74
$106,945.36
$106,111.15
$105,272.07
$104,428.09
$103,579.19
$102,725.34
$101,866.51
$101,002.67
$100,133.79
$99,259.84
$98,380.79
$97,496.62
$96,607.28
$95,712.76
$94,813.02
$93,908.04
$92,997.77
$92,082.20
$91,161.28
$90,234.99
$89,303.30
$88,366.17
$87,423.58
$86,475.49
$85,521.86
$84,562.68
$83,597.90
$82,627.49
$81,651.42
$80,669.66
$79,682.17
$78,688.92
$77,689.87
$76,685.00
$75,674.27
$74,657.64
$73,635.08
$72,606.55
$71,572.03
$70,531.47
$69,484.84
$68,432.11
$67,373.23
$66,308.18
$65,236.91
$64,159.40
$63,075.60
$61,985.48
$60,889.00
$59,786.12
$58,676.81
$57,561.03
$56,438.74
$55,309.90
$54,174.48
$53,032.43
$51,883.73
$50,728.32
$49,566.17
$48,397.24
$47,221.50
$46,038.89
$44,849.39
$43,652.95
$42,449.53
$41,239.09
$40,021.59
$38,796.98
$37,565.24
$36,326.31
$35,080.15
$33,826.72
$32,565.98
$31,297.88
$30,022.39
$28,739.46
$27,449.04
$26,151.10
$24,845.58
$23,532.45
$22,211.66
$20,883.17
$19,546.93
$18,202.89
$16,851.01
$15,491.24
$14,123.54
$12,747.87
$11,364.17
$9,972.40
$8,572.51
$7,164.45
$5,748.18
$4,323.65
$2,890.81
$1,449.61
$0.00