Interest-Only with Additional Payments Calculator

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Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Years)
Additional Payment : ($)
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Financial Analysis (Switch to Plain English)
  Interest-Only With Additional Payment
Average Monthly Payment : $1,041.67 $1,054.27
Months Paid : 360 360
Total Monthly Payments : $375,000.00 $379,537.50
Total Interests Paid : $375,000.00 $361,537.50
Interest Savings : $13,462.50
Balance : $250,000.00 $232,000.00
Equity Appreciation $0.00 $18,000.00
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.