Sample A is a sample of a $200,000.00 Loan amortized 30 year with 7% interest and payments of $1330.60 per month

Sample B is what would happen if you had the same $200,000.00 loan at 7% and you made payments of $1330.60 bi weekly

The results are dramatic $279,016 interest vs $56,673 a savings of $222,340.

30 years vs 8 years one month.

You can also have spectacular results by making extra payments.

Order an amortized schedule of your loan then, order another (go to tab at top of page) to see what it could look like if you make extra payments or if you paid more each month

Or another scenario order a schedule to see what you would have to do if you wanted to pay off your loan in 15 years or 10 years etc.

Sample C $100,000 loan @ 5%, 30 years ( 360 months ) payments $536.82

Sample D $100,000 loan @ 6%, 30 years ( 360 months ) payments $599.55

Sample E $100,000 loan @ 7%, 30 years ( 360 months ) payments $665.30

Sample F $100,000 loan @ 8%, 30 years ( 360 months ) payments $733.76

Sample G $100,000 loan @ 9%, 30 years ( 360 months ) payments $804.62

Sample H $100,000 loan @ 10%, 30 years ( 360 months ) payments $877.57

Sample I $100,000 loan @ 11%, 30 years ( 360 months ) payments $952.32

Sample J $100,000 loan @ 12%, 30 years ( 360 months ) payments $1028.61

Sample K $100,000 loan @ 13%, 30 years ( 360 months ) payments $1106.20

Sample L $100,000 loan @ 14%, 30 years ( 360 months ) payments $1184.87

Sample M This is what a $100,000.00 ( A R M ) adjustable rate mortgage loan amortized 30 years would look like starting at 5% interest for the first two years. After 24 months of payments the loan rate changes to 6% for the next six months and a .5% ( one half percent ) increase every six months until a ceiling rate of 14% is reached.