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| Detailed Mortgage Qualification |
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This calculates your amortization schedule and total payments made with various options. |
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| Your Results |
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| Your monthly payment will be: |
$880.52 |
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| The following mortgage would result for 2025: |
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| Month |
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Principal |
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Interest |
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Balance |
| Jan |
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$80.52 |
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800.00 |
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$119,919.48 |
| Feb |
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$81.05 |
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799.46 |
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$119,838.43 |
| Mar |
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$81.59 |
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798.92 |
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$119,756.83 |
| Apr |
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$82.14 |
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798.38 |
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$119,674.70 |
| May |
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$82.69 |
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797.83 |
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$119,592.01 |
| Jun |
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$83.24 |
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797.28 |
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$119,508.77 |
| Jul |
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$83.79 |
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796.73 |
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$119,424.98 |
| Aug |
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$84.35 |
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796.17 |
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$119,340.63 |
| Sep |
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$84.91 |
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795.60 |
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$119,255.71 |
| Oct |
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$85.48 |
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795.04 |
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$119,170.24 |
| Nov |
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$86.05 |
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794.47 |
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$119,084.19 |
| Dec |
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$86.62 |
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793.89 |
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$118,997.56 |
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| Yearly Totals: |
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| Year |
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Principal |
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Interest |
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Balance |
| 2025 |
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$1,002.44 |
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9,563.77 |
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$118,997.56 |
| 2026 |
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$1,085.64 |
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9,480.57 |
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$117,911.92 |
| 2027 |
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$1,175.75 |
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9,390.46 |
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$116,736.18 |
| 2028 |
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$1,273.33 |
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9,292.88 |
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$115,462.85 |
| 2029 |
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$1,379.02 |
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9,187.19 |
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$114,083.83 |
| 2030 |
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$1,493.48 |
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9,072.73 |
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$112,590.35 |
| 2031 |
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$1,617.43 |
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8,948.78 |
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$110,972.92 |
| 2032 |
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$1,751.68 |
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8,814.53 |
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$109,221.24 |
| 2033 |
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$1,897.07 |
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8,669.14 |
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$107,324.17 |
| 2034 |
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$2,054.52 |
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8,511.69 |
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$105,269.64 |
| 2035 |
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$2,225.05 |
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8,341.16 |
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$103,044.60 |
| 2036 |
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$2,409.73 |
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8,156.48 |
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$100,634.87 |
| 2037 |
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$2,609.73 |
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7,956.48 |
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$98,025.14 |
| 2038 |
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$2,826.34 |
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7,739.87 |
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$95,198.80 |
| 2039 |
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$3,060.92 |
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7,505.29 |
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$92,137.87 |
| 2040 |
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$3,314.98 |
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7,251.23 |
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$88,822.89 |
| 2041 |
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$3,590.12 |
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6,976.09 |
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$85,232.77 |
| 2042 |
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$3,888.10 |
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6,678.11 |
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$81,344.67 |
| 2043 |
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$4,210.81 |
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6,355.40 |
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$77,133.86 |
| 2044 |
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$4,560.31 |
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6,005.90 |
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$72,573.56 |
| 2045 |
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$4,938.81 |
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5,627.40 |
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$67,634.75 |
| 2046 |
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$5,348.73 |
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5,217.48 |
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$62,286.02 |
| 2047 |
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$5,792.67 |
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4,773.54 |
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$56,493.35 |
| 2048 |
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$6,273.46 |
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4,292.75 |
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$50,219.89 |
| 2049 |
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$6,794.15 |
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3,772.06 |
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$43,425.74 |
| 2050 |
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$7,358.06 |
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3,208.15 |
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$36,067.68 |
| 2051 |
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$7,968.78 |
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2,597.43 |
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$28,098.90 |
| 2052 |
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$8,630.18 |
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1,936.03 |
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$19,468.72 |
| 2053 |
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$9,346.48 |
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1,219.73 |
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$10,122.24 |
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Click HERE for full amortization schedule |
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| Final Summary |
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| Monthly Payment: |
$880.52 (no Prepayment) |
| Total Interest: |
$196,986.30 |
| Total Interest: |
$196,986.30 (As given) |
| SAVINGS: |
$6.80 |
| Total Interest Saved: |
0 Years shorter loan |
| 2025 Interest: |
$9,563.77 |
| 2026 Interest: |
$9,480.57 |
| End Bal Dec 2026: |
$117,911.92 (As given) |
| Avg Interest each Month: |
$547.18 |
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| Explanation |
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This calculator will help you see how fast you can pay
back your mortgage using monthly pre-payments and other pre-payments. |
| The accuracy and use of this calculator is not guaranteed. |
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FHA Info
