| County: $362 | |
| Town: $55 Village: $748 | |
| School: $1237 |
Sample mortgage, 15 year term:
| Amortization Schedule $ 50,000.00 Loan 5% Interest Rate -Compounded Monthly $395.40 Monthly Payment beginning Mar 2014 180 Payments |
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| Totals Paid in Year |
Payment Totals | Principal Paid | Interest Paid | Remaining Balance | |
| 2014 | $ 3,954.00 | $ 1,906.13 | $ 2,047.87 | $ 48,093.87 | |
| 2015 | $ 4,744.80 | $ 2,394.50 | $ 2,350.30 | $ 45,699.37 | |
| 2016 | $ 4,744.80 | $ 2,516.99 | $ 2,227.81 | $ 43,182.38 | |
| 2017 | $ 4,744.80 | $ 2,645.77 | $ 2,099.03 | $ 40,536.61 | |
| 2018 | $ 4,744.80 | $ 2,781.14 | $ 1,963.66 | $ 37,755.47 | |
| 2019 | $ 4,744.80 | $ 2,923.42 | $ 1,821.38 | $ 34,832.05 | |
| 2020 | $ 4,744.80 | $ 3,072.99 | $ 1,671.81 | $ 31,759.06 | |
| 2021 | $ 4,744.80 | $ 3,230.21 | $ 1,514.59 | $ 28,528.85 | |
| 2022 | $ 4,744.80 | $ 3,395.47 | $ 1,349.33 | $ 25,133.38 | |
| 2023 | $ 4,744.80 | $ 3,569.18 | $ 1,175.62 | $ 21,564.20 | |
| 2024 | $ 4,744.80 | $ 3,751.78 | $ 993.02 | $ 17,812.42 | |
| 2025 | $ 4,744.80 | $ 3,943.75 | $ 801.05 | $ 13,868.67 | |
| 2026 | $ 4,744.80 | $ 4,145.50 | $ 599.30 | $ 9,723.17 | |
| 2027 | $ 4,744.80 | $ 4,357.61 | $ 387.19 | $ 5,365.56 | |
| 2028 | $ 4,744.80 | $ 4,580.55 | $ 164.25 | $ 785.01 | |
| 2029 | $ 789.92 | $ 785.01 | $ 4.91 | 0 | |