Extra Payments
| Amount | Starting Payment | Ending Payment | |
|---|---|---|---|
Amortization
| Principal | Interest | Amount Remaining |
|---|---|---|
| ${{formatNumber(payment.principal)}} | ${{formatNumber(payment.interest)}} | ${{formatNumber(amountLeftAfterPayment(paymentIndex))}} |
Payoff Summary
Length till payoff: {{parseInt(totalNumberOfPayments/12)}} yrs and {{totalNumberOfPayments%12}} months
Total number of payments: {{totalNumberOfPayments}}
Total interest paid: ${{formatNumber(totalInterestPaid)}}
Total extra payments: ${{formatNumber(totalExtraPayments)}}
Interest saved: ${{formatNumber(originalInterestTotal - totalInterestPaid)}}
Term reduction: {{parseInt(termReduction/12)}} yrs and {{termReduction%12}} months
Total cost: ${{formatNumber(totalCost)}}