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Solar Loan Calculator is a tool for homeowners to calculate the costs of getting a loan to install a solar system for their homes. The solor loan calculator calculate the monthly payments and overall costs of getting a solar loan.
Loan Payment Calculator |
|
Loan Amount: |
$15,000.00 |
Monthly Payment: |
$241.50 |
Total # Of Payments: |
72 |
Start Date: |
Jul, 2025 |
Payoff Date: |
Jun, 2031 |
Total Interest Paid: |
$2,388.32 |
Total Payment: |
$17,388.32 |
Loan Amortization Schedule |
|||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance |
|---|---|---|---|---|---|
| Jul, 2025 | 1 | $62.38 | $179.13 | $241.50 | $14,820.87 |
| Aug, 2025 | 2 | $61.63 | $179.87 | $241.50 | $14,641.00 |
| Sep, 2025 | 3 | $60.88 | $180.62 | $241.50 | $14,460.37 |
| Oct, 2025 | 4 | $60.13 | $181.37 | $241.50 | $14,279.00 |
| Nov, 2025 | 5 | $59.38 | $182.13 | $241.50 | $14,096.87 |
| Dec, 2025 | 6 | $58.62 | $182.88 | $241.50 | $13,913.99 |
| Jan, 2026 | 7 | $57.86 | $183.65 | $241.50 | $13,730.34 |
| Feb, 2026 | 8 | $57.10 | $184.41 | $241.50 | $13,545.93 |
| Mar, 2026 | 9 | $56.33 | $185.18 | $241.50 | $13,360.76 |
| Apr, 2026 | 10 | $55.56 | $185.95 | $241.50 | $13,174.81 |
| May, 2026 | 11 | $54.79 | $186.72 | $241.50 | $12,988.09 |
| Jun, 2026 | 12 | $54.01 | $187.50 | $241.50 | $12,800.60 |
| Jul, 2026 | 13 | $53.23 | $188.28 | $241.50 | $12,612.32 |
| Aug, 2026 | 14 | $52.45 | $189.06 | $241.50 | $12,423.26 |
| Sep, 2026 | 15 | $51.66 | $189.84 | $241.50 | $12,233.42 |
| Oct, 2026 | 16 | $50.87 | $190.63 | $241.50 | $12,042.79 |
| Nov, 2026 | 17 | $50.08 | $191.43 | $241.50 | $11,851.36 |
| Dec, 2026 | 18 | $49.28 | $192.22 | $241.50 | $11,659.14 |
| Jan, 2027 | 19 | $48.48 | $193.02 | $241.50 | $11,466.11 |
| Feb, 2027 | 20 | $47.68 | $193.82 | $241.50 | $11,272.29 |
| Mar, 2027 | 21 | $46.87 | $194.63 | $241.50 | $11,077.66 |
| Apr, 2027 | 22 | $46.06 | $195.44 | $241.50 | $10,882.22 |
| May, 2027 | 23 | $45.25 | $196.25 | $241.50 | $10,685.97 |
| Jun, 2027 | 24 | $44.44 | $197.07 | $241.50 | $10,488.90 |
| Jul, 2027 | 25 | $43.62 | $197.89 | $241.50 | $10,291.01 |
| Aug, 2027 | 26 | $42.79 | $198.71 | $241.50 | $10,092.30 |
| Sep, 2027 | 27 | $41.97 | $199.54 | $241.50 | $9,892.76 |
| Oct, 2027 | 28 | $41.14 | $200.37 | $241.50 | $9,692.40 |
| Nov, 2027 | 29 | $40.30 | $201.20 | $241.50 | $9,491.20 |
| Dec, 2027 | 30 | $39.47 | $202.04 | $241.50 | $9,289.16 |
| Jan, 2028 | 31 | $38.63 | $202.88 | $241.50 | $9,086.28 |
| Feb, 2028 | 32 | $37.78 | $203.72 | $241.50 | $8,882.56 |
| Mar, 2028 | 33 | $36.94 | $204.57 | $241.50 | $8,677.99 |
| Apr, 2028 | 34 | $36.09 | $205.42 | $241.50 | $8,472.57 |
| May, 2028 | 35 | $35.23 | $206.27 | $241.50 | $8,266.30 |
| Jun, 2028 | 36 | $34.37 | $207.13 | $241.50 | $8,059.17 |
| Jul, 2028 | 37 | $33.51 | $207.99 | $241.50 | $7,851.18 |
| Aug, 2028 | 38 | $32.65 | $208.86 | $241.50 | $7,642.32 |
| Sep, 2028 | 39 | $31.78 | $209.73 | $241.50 | $7,432.60 |
| Oct, 2028 | 40 | $30.91 | $210.60 | $241.50 | $7,222.00 |
| Nov, 2028 | 41 | $30.03 | $211.47 | $241.50 | $7,010.53 |
| Dec, 2028 | 42 | $29.15 | $212.35 | $241.50 | $6,798.18 |
| Jan, 2029 | 43 | $28.27 | $213.24 | $241.50 | $6,584.94 |
| Feb, 2029 | 44 | $27.38 | $214.12 | $241.50 | $6,370.82 |
| Mar, 2029 | 45 | $26.49 | $215.01 | $241.50 | $6,155.81 |
| Apr, 2029 | 46 | $25.60 | $215.91 | $241.50 | $5,939.90 |
| May, 2029 | 47 | $24.70 | $216.80 | $241.50 | $5,723.10 |
| Jun, 2029 | 48 | $23.80 | $217.71 | $241.50 | $5,505.39 |
| Jul, 2029 | 49 | $22.89 | $218.61 | $241.50 | $5,286.78 |
| Aug, 2029 | 50 | $21.98 | $219.52 | $241.50 | $5,067.26 |
| Sep, 2029 | 51 | $21.07 | $220.43 | $241.50 | $4,846.82 |
| Oct, 2029 | 52 | $20.15 | $221.35 | $241.50 | $4,625.47 |
| Nov, 2029 | 53 | $19.23 | $222.27 | $241.50 | $4,403.20 |
| Dec, 2029 | 54 | $18.31 | $223.19 | $241.50 | $4,180.01 |
| Jan, 2030 | 55 | $17.38 | $224.12 | $241.50 | $3,955.89 |
| Feb, 2030 | 56 | $16.45 | $225.05 | $241.50 | $3,730.83 |
| Mar, 2030 | 57 | $15.51 | $225.99 | $241.50 | $3,504.84 |
| Apr, 2030 | 58 | $14.57 | $226.93 | $241.50 | $3,277.91 |
| May, 2030 | 59 | $13.63 | $227.87 | $241.50 | $3,050.04 |
| Jun, 2030 | 60 | $12.68 | $228.82 | $241.50 | $2,821.22 |
| Jul, 2030 | 61 | $11.73 | $229.77 | $241.50 | $2,591.44 |
| Aug, 2030 | 62 | $10.78 | $230.73 | $241.50 | $2,360.72 |
| Sep, 2030 | 63 | $9.82 | $231.69 | $241.50 | $2,129.03 |
| Oct, 2030 | 64 | $8.85 | $232.65 | $241.50 | $1,896.38 |
| Nov, 2030 | 65 | $7.89 | $233.62 | $241.50 | $1,662.76 |
| Dec, 2030 | 66 | $6.91 | $234.59 | $241.50 | $1,428.17 |
| Jan, 2031 | 67 | $5.94 | $235.57 | $241.50 | $1,192.60 |
| Feb, 2031 | 68 | $4.96 | $236.55 | $241.50 | $956.06 |
| Mar, 2031 | 69 | $3.98 | $237.53 | $241.50 | $718.53 |
| Apr, 2031 | 70 | $2.99 | $238.52 | $241.50 | $480.01 |
| May, 2031 | 71 | $2.00 | $239.51 | $241.50 | $240.50 |
| Jun, 2031 | 72 | $1.00 | $240.50 | $241.50 | $0.00 |
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