Loan Amount :

Loan Term : years and months

Annual Interest Rate : %

Payable :

Mortgage Payment :

Total Interest :

Total Interest / Loan : %

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Loan Term : years and months

Annual Interest Rate : %

Payable :

Mortgage Payment :

Total Interest :

Total Interest / Loan : %

Period | Payment | Principal | Interest | Balance | P vs. I | Interest% |
---|

**Loan amount** can be outstanding amount

**Loan Term** is the term of your loan for the given loan amount. If you are
using outstanding for the loan amount then use remaining term for the loan

**Payable** indicates at what frequency you are making the installment payments.
Usually it is every month payment. In such case you can select monthly

**Annual Interest Rate** is the interest rate per annum. Even when you might
be paying it monthly installments usually interest rates are per annum. If your
interest rate is per month then convert it to per annum interest by multiplying it
by 12

e.g., say your interest rate is 1% per month then you can convert it to annual as
1% x 12 = 12%. This is simple way to calculate however to be accurate you need to
apply compounding formula

**Mortgage payment** is your installment which you have to pay on you loan. It
can be monthly payment depending upon your payment term