Loans
Home Improvement Loan Calculator
Estimate monthly payments, interest, and total cost for a renovation project.
Inputs
Results
Amount financed
$25,000.00
Monthly payment
$395.91
Total interest
$8,256.63
Total project cost
$33,256.62
Cost breakdown
Balance over time
Amortization schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $396 | $219 | $177 | $24,781 |
| 2 | $396 | $220 | $176 | $24,561 |
| 3 | $396 | $222 | $174 | $24,339 |
| 4 | $396 | $224 | $172 | $24,115 |
| 5 | $396 | $225 | $171 | $23,890 |
| 6 | $396 | $227 | $169 | $23,664 |
| 7 | $396 | $228 | $168 | $23,435 |
| 8 | $396 | $230 | $166 | $23,205 |
| 9 | $396 | $232 | $164 | $22,974 |
| 10 | $396 | $233 | $163 | $22,741 |
| 11 | $396 | $235 | $161 | $22,506 |
| 12 | $396 | $237 | $159 | $22,269 |
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