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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 Mortgage Amortization Calculator |
|
Loan Amount: |
$18,000.00 |
Monthly Payment: |
$1,524.90 |
Total # Of Payments: |
12 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2025 |
Total Interest Paid: |
$298.76 |
Total Payment: |
$18,298.76 |
1 Year Amortization Schedule |
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Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $45.75 | $1,479.15 | $1,524.90 | $16,520.85 | |
Jan, 2025 | 2 | $41.99 | $1,482.91 | $1,524.90 | $15,037.95 | |
Feb, 2025 | 3 | $38.22 | $1,486.68 | $1,524.90 | $13,551.27 | |
Mar, 2025 | 4 | $34.44 | $1,490.45 | $1,524.90 | $12,060.82 | |
Apr, 2025 | 5 | $30.65 | $1,494.24 | $1,524.90 | $10,566.58 | |
May, 2025 | 6 | $26.86 | $1,498.04 | $1,524.90 | $9,068.54 | |
Jun, 2025 | 7 | $23.05 | $1,501.85 | $1,524.90 | $7,566.69 | |
Jul, 2025 | 8 | $19.23 | $1,505.66 | $1,524.90 | $6,061.02 | |
Aug, 2025 | 9 | $15.41 | $1,509.49 | $1,524.90 | $4,551.53 | |
Sep, 2025 | 10 | $11.57 | $1,513.33 | $1,524.90 | $3,038.21 | |
Oct, 2025 | 11 | $7.72 | $1,517.17 | $1,524.90 | $1,521.03 | |
Nov, 2025 | 12 | $3.87 | $1,521.03 | $1,524.90 | $0.00 |
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