Remaining Loan Balance Calculator
Enter loan amount, rate, term, and number of payments made. See the remaining balance after that many payments.
Balance after N payments
Enter values to calculate.
How it works
We use the standard amortization formula: balance after n payments = P(1+r)^n − A[(1+r)^n−1]/r, where A is the monthly payment.
When to use it
Use it to see payoff progress, to plan refinance, or to estimate equity.
Frequently asked questions
What if I made extra payments?
This assumes no extra payments. Use mortgage payoff calculator for extra-payment scenarios.
Same as amortization?
Amortization shows the full schedule; this gives balance at one point in time.