Input Data

Interest rate (annual %)

Loan life (in years)
Initial loan amount (in $)

5.00% Can't be greater than 15%

10 Must be whole numbers
$200,000 Can't be negative
Year

Year-beg
Balance

Annual
Payment

Interest
Component

1
2
3
4
5
6
7
8
9
10

$200,000
$184,099
$167,403
$149,872
$131,465
$112,137
$91,843
$70,535
$48,160
$24,668

$25,901
$25,901
$25,901
$25,901
$25,901
$25,901
$25,901
$25,901
$25,901
$25,901

$10,000
$9,205
$8,370
$7,494
$6,573
$5,607
$4,592
$3,527
$2,408
$1,233

Principal
Repaid

Year-end
Balance

$15,901
$16,696
$17,531
$18,407
$19,328
$20,294
$21,309
$22,374
$23,493
$24,668

$184,099
$167,403
$149,872
$131,465
$112,137
$91,843
$70,535
$48,160
$24,668
$0