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Amortization Schedules

The document provides detailed mortgage payment schedules for various loan amounts, terms, and interest rates. It includes information on present values, monthly payments, interest and principal payments, and outstanding balances for each payment period. The examples cover loans ranging from ₱22,000 to ₱1,000,000 with different payment structures and durations.

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linfordlora11
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0% found this document useful (0 votes)
15 views7 pages

Amortization Schedules

The document provides detailed mortgage payment schedules for various loan amounts, terms, and interest rates. It includes information on present values, monthly payments, interest and principal payments, and outstanding balances for each payment period. The examples cover loans ranging from ₱22,000 to ₱1,000,000 with different payment structures and durations.

Uploaded by

linfordlora11
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Present Value 48000 Number of payments 6

Term 6 months Monthly Rate 0.0116666667


Annual Rate 0.14 Mortage Payment ₱8,329.82

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 48000
1 ₱8,329.82 ₱560.00 ₱7,769.82 ₱40,230.18
2 ₱8,329.82 ₱469.35 ₱7,860.47 ₱32,369.70
3 ₱8,329.82 ₱377.65 ₱7,952.18 ₱24,417.53
4 ₱8,329.82 ₱284.87 ₱8,044.95 ₱16,372.57
5 ₱8,329.82 ₱191.01 ₱8,138.81 ₱8,233.76
6 ₱8,329.82 ₱96.06 ₱8,233.76 ₱0.00
₱49,978.94 ₱1,978.94 ₱48,000.00
Present Value 500000 Number of payments 10
Term 2.5 Monthly Rate 0.02
Annual Rate 0.08 Mortage Payment ₱55,663.26

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 500000
1 ₱55,663.26 ₱10,000.00 ₱45,663.26 ₱454,336.74
2 ₱55,663.26 ₱9,086.73 ₱46,576.53 ₱407,760.21
3 ₱55,663.26 ₱8,155.20 ₱47,508.06 ₱360,252.15
4 ₱55,663.26 ₱7,205.04 ₱48,458.22 ₱311,793.93
5 ₱55,663.26 ₱6,235.88 ₱49,427.39 ₱262,366.54
6 ₱55,663.26 ₱5,247.33 ₱50,415.93 ₱211,950.61
7 ₱55,663.26 ₱4,239.01 ₱51,424.25 ₱160,526.36
8 ₱55,663.26 ₱3,210.53 ₱52,452.74 ₱108,073.62
9 ₱55,663.26 ₱2,161.47 ₱53,501.79 ₱54,571.83
10 ₱55,663.26 ₱1,091.44 ₱54,571.83 ₱0.00
₱556,632.64 ₱56,632.64 ₱500,000.00
Present Value 1000000 Number of payments 5
Term 1 Monthly Rate 0.07
Annual Rate 0.07 Mortage Payment ₱243,890.69

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 1000000
1 ₱243,890.69 ₱70,000.00 ₱173,890.69 ₱826,109.31
2 ₱243,890.69 ₱57,827.65 ₱186,063.04 ₱640,046.26
3 ₱243,890.69 ₱44,803.24 ₱199,087.46 ₱440,958.81
4 ₱243,890.69 ₱30,867.12 ₱213,023.58 ₱227,935.23
5 ₱243,890.69 ₱15,955.47 ₱227,935.23 ₱0.00
₱1,219,453.47 ₱219,453.47 ₱1,000,000.00
Present Value 22000 Number of payments 12
Term 12 Monthly Rate 0.01
Annual Rate 0.12 Mortage Payment ₱1,954.67

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 22000
1 ₱1,954.67 ₱220.00 ₱1,734.67 ₱20,265.33
2 ₱1,954.67 ₱202.65 ₱1,752.02 ₱18,513.31
3 ₱1,954.67 ₱185.13 ₱1,769.54 ₱16,743.77
4 ₱1,954.67 ₱167.44 ₱1,787.24 ₱14,956.53
5 ₱1,954.67 ₱149.57 ₱1,805.11 ₱13,151.42
6 ₱1,954.67 ₱131.51 ₱1,823.16 ₱11,328.26
7 ₱1,954.67 ₱113.28 ₱1,841.39 ₱9,486.87
8 ₱1,954.67 ₱94.87 ₱1,859.80 ₱7,627.07
9 ₱1,954.67 ₱76.27 ₱1,878.40 ₱5,748.67
10 ₱1,954.67 ₱57.49 ₱1,897.19 ₱3,851.48
11 ₱1,954.67 ₱38.51 ₱1,916.16 ₱1,935.32
12 ₱1,954.67 ₱19.35 ₱1,935.32 ₱0.00
₱23,456.08 ₱1,456.08 ₱22,000.00
Present Value 20000 Number of payments 8
Term 4 Monthly Rate 0.08
Annual Rate 0.16 Mortage Payment ₱3,480.30

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 20000
1 ₱3,480.30 ₱1,600.00 ₱1,880.30 ₱18,119.70
2 ₱3,480.30 ₱1,449.58 ₱2,030.72 ₱16,088.99
3 ₱3,480.30 ₱1,287.12 ₱2,193.18 ₱13,895.81
4 ₱3,480.30 ₱1,111.66 ₱2,368.63 ₱11,527.18
5 ₱3,480.30 ₱922.17 ₱2,558.12 ₱8,969.06
6 ₱3,480.30 ₱717.52 ₱2,762.77 ₱6,206.29
7 ₱3,480.30 ₱496.50 ₱2,983.79 ₱3,222.50
8 ₱3,480.30 ₱257.80 ₱3,222.50 ₱0.00
₱27,842.36 ₱7,842.36 ₱20,000.00
Present Value 30950 Number of payments 12
Term 12 Monthly Rate 0.0027083333
Annual Rate 0.0325 Mortage Payment ₱2,624.80

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 30950
1 ₱2,624.80 ₱83.82 ₱2,540.97 ₱28,409.03
2 ₱2,624.80 ₱76.94 ₱2,547.85 ₱25,861.17
3 ₱2,624.80 ₱70.04 ₱2,554.76 ₱23,306.42
4 ₱2,624.80 ₱63.12 ₱2,561.67 ₱20,744.74
5 ₱2,624.80 ₱56.18 ₱2,568.61 ₱18,176.13
6 ₱2,624.80 ₱49.23 ₱2,575.57 ₱15,600.56
7 ₱2,624.80 ₱42.25 ₱2,582.54 ₱13,018.02
8 ₱2,624.80 ₱35.26 ₱2,589.54 ₱10,428.48
9 ₱2,624.80 ₱28.24 ₱2,596.55 ₱7,831.93
10 ₱2,624.80 ₱21.21 ₱2,603.58 ₱5,228.34
11 ₱2,624.80 ₱14.16 ₱2,610.64 ₱2,617.71
12 ₱2,624.80 ₱7.09 ₱2,617.71 ₱0.00
₱31,497.55 ₱547.55 ₱30,950.00
Present Value 110000 Number of payments 36
Term 3 Monthly Rate 0.0054166667
Annual Rate 0.065 Mortage Payment ₱3,371.39

Periodic Interest Outstanding


Period Primcipal Payment
Payment Payment Balance
0 110000
1 ₱3,371.39 ₱595.83 ₱2,775.56 ₱107,224.44
2 ₱3,371.39 ₱580.80 ₱2,790.59 ₱104,433.85
3 ₱3,371.39 ₱565.68 ₱2,805.71 ₱101,628.14
4 ₱3,371.39 ₱550.49 ₱2,820.90 ₱98,807.24
5 ₱3,371.39 ₱535.21 ₱2,836.18 ₱95,971.06
6 ₱3,371.39 ₱519.84 ₱2,851.55 ₱93,119.51
7 ₱3,371.39 ₱504.40 ₱2,866.99 ₱90,252.52
8 ₱3,371.39 ₱488.87 ₱2,882.52 ₱87,369.99
9 ₱3,371.39 ₱473.25 ₱2,898.14 ₱84,471.86
10 ₱3,371.39 ₱457.56 ₱2,913.83 ₱81,558.02
11 ₱3,371.39 ₱441.77 ₱2,929.62 ₱78,628.40
12 ₱3,371.39 ₱425.90 ₱2,945.49 ₱75,682.92
13 ₱3,371.39 ₱409.95 ₱2,961.44 ₱72,721.48
14 ₱3,371.39 ₱393.91 ₱2,977.48 ₱69,744.00
15 ₱3,371.39 ₱377.78 ₱2,993.61 ₱66,750.38
16 ₱3,371.39 ₱361.56 ₱3,009.83 ₱63,740.56
17 ₱3,371.39 ₱345.26 ₱3,026.13 ₱60,714.43
18 ₱3,371.39 ₱328.87 ₱3,042.52 ₱57,671.91
19 ₱3,371.39 ₱312.39 ₱3,059.00 ₱54,612.91
20 ₱3,371.39 ₱295.82 ₱3,075.57 ₱51,537.34
21 ₱3,371.39 ₱279.16 ₱3,092.23 ₱48,445.11
22 ₱3,371.39 ₱262.41 ₱3,108.98 ₱45,336.13
23 ₱3,371.39 ₱245.57 ₱3,125.82 ₱42,210.31
24 ₱3,371.39 ₱228.64 ₱3,142.75 ₱39,067.56
25 ₱3,371.39 ₱211.62 ₱3,159.77 ₱35,907.78
26 ₱3,371.39 ₱194.50 ₱3,176.89 ₱32,730.89
27 ₱3,371.39 ₱177.29 ₱3,194.10 ₱29,536.80
28 ₱3,371.39 ₱159.99 ₱3,211.40 ₱26,325.40
29 ₱3,371.39 ₱142.60 ₱3,228.79 ₱23,096.60
30 ₱3,371.39 ₱125.11 ₱3,246.28 ₱19,850.32
31 ₱3,371.39 ₱107.52 ₱3,263.87 ₱16,586.45
32 ₱3,371.39 ₱89.84 ₱3,281.55 ₱13,304.90
33 ₱3,371.39 ₱72.07 ₱3,299.32 ₱10,005.58
34 ₱3,371.39 ₱54.20 ₱3,317.19 ₱6,688.39
35 ₱3,371.39 ₱36.23 ₱3,335.16 ₱3,353.23
36 ₱3,371.39 ₱18.16 ₱3,353.23 ₱0.00
₱121,370.05 ₱11,370.05 ₱110,000.00

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