Amortization Schedule


1 Year Mortgage Calculator



1 Year Mortgage Calculator is used to calculate the monthly payment for a fixed interest rate 1-year home mortgage loan. The 1 year amortization schedule breaks down each principal and interest payments, so that you know exactly how much you are paying each month.

1 Year Amortization Calculator

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Mortgage Terms
years
Interest Rate
First Payment Date
Amortization schedule
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1 Year Mortgage Amortization Calculator

Loan Amount:
$18,000.00
Monthly Payment:
$1,524.90
Total # Of Payments:
12
Start Date:
Jun, 2024
Payoff Date:
May, 2025
Total Interest Paid:
$298.76
Total Payment:
$18,298.76


1 Year Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2024 1 $45.75 $1,479.15 $1,524.90 $16,520.85
Jul, 2024 2 $41.99 $1,482.91 $1,524.90 $15,037.95
Aug, 2024 3 $38.22 $1,486.68 $1,524.90 $13,551.27
Sep, 2024 4 $34.44 $1,490.45 $1,524.90 $12,060.82
Oct, 2024 5 $30.65 $1,494.24 $1,524.90 $10,566.58
Nov, 2024 6 $26.86 $1,498.04 $1,524.90 $9,068.54
Dec, 2024 7 $23.05 $1,501.85 $1,524.90 $7,566.69
Jan, 2025 8 $19.23 $1,505.66 $1,524.90 $6,061.02
Feb, 2025 9 $15.41 $1,509.49 $1,524.90 $4,551.53
Mar, 2025 10 $11.57 $1,513.33 $1,524.90 $3,038.21
Apr, 2025 11 $7.72 $1,517.17 $1,524.90 $1,521.03
May, 2025 12 $3.87 $1,521.03 $1,524.90 $0.00


2 year amortization schedule

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