This calculator figures your principal balance after any number of payments.
These calculations are only estimates and cannot be used to determine the actual amount of principal that is or may be remaining on your loan after a number of months or years. Please consult your tax advisor for information on the deductibility of interest for tax purpose. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.