Monthly payment the first 5 years
Monthly payment with floating rate(15 years )
Total interest
Total payment
| Year # | Fixed / Floating rate | Installment | Interest | Principal | New Balance |
|---|---|---|---|---|---|
1 | Fixed Rate | 6330.37 | 3206.51 | 3123.86 | 86876.14 |
5 | Fixed Rate | 6330.37 | 2720.57 | 3609.79 | 73187.82 |
7 | Floating Rate | 7468.26 | 4200.28 | 3267.98 | 66845.38 |
20 | Floating Rate | 7468.26 | 241.79 | 7226.47 | 0 |