Good Morning
Why my numbers are different from yours? I do not get a zero principal
balance at the end of 36 payments.
Thanks
interest No. of Years Payments Loan Amt PMT PPMT IPMT Balance
2.00% 3 36 $12,000.00 -$470.79 ($450.79) $20.00 $11,529.21
2.00% 3 36 $11,529.21 -$470.79 ($451.57) $19.22 $11,058.42
2.00% 3 36 $11,058.42 -$470.79 ($452.36) $18.43 $10,587.63
2.00% 3 36 $10,587.63 -$470.79 ($453.14) $17.65 $10,116.84
2.00% 3 36 $10,116.84 -$470.79 ($453.93) $16.86 $9,646.05
2.00% 3 36 $9,646.05 -$470.79 ($454.71) $16.08 $9,175.26
2.00% 3 36 $9,175.26 -$470.79 ($455.50) $15.29 $8,704.47
2.00% 3 36 $8,704.47 -$470.79 ($456.28) $14.51 $8,233.68
2.00% 3 36 $8,233.68 -$470.79 ($457.07) $13.72 $7,762.89
2.00% 3 36 $7,762.89 -$470.79 ($457.85) $12.94 $7,292.10
2.00% 3 36 $7,292.10 -$470.79 ($458.64) $12.15 $6,821.31
2.00% 3 36 $6,821.31 -$470.79 ($459.42) $11.37 $6,350.52
2.00% 3 36 $6,350.52 -$470.79 ($460.21) $10.58 $5,879.73
2.00% 3 36 $5,879.73 -$470.79 ($460.99) $9.80 $5,408.94
2.00% 3 36 $5,408.94 -$470.79 ($461.78) $9.01 $4,938.15
2.00% 3 36 $4,938.15 -$470.79 ($462.56) $8.23 $4,467.36
2.00% 3 36 $4,467.36 -$470.79 ($463.34) $7.45 $3,996.57
2.00% 3 36 $3,996.57 -$470.79 ($464.13) $6.66 $3,525.78
2.00% 3 36 $3,525.78 -$470.79 ($464.91) $5.88 $3,054.99
2.00% 3 36 $3,054.99 -$470.79 ($465.70) $5.09 $2,584.20
2.00% 3 36 $2,584.20 -$470.79 ($466.48) $4.31 $2,113.41
2.00% 3 36 $2,113.41 -$470.79 ($467.27) $3.52 $1,642.62
2.00% 3 36 $1,642.62 -$470.79 ($468.05) $2.74 $1,171.83
2.00% 3 36 $1,171.83 -$470.79 ($468.84) $1.95 $701.04
2.00% 3 36 $701.04 -$470.79 ($469.62) $1.17 $230.25
2.00% 3 36 $230.25 -$470.79 ($470.41) $0.38 $240.54
2.00% 3 36 $240.54 -$470.79 ($471.19) -$0.40 $711.33
2.00% 3 36 $711.33 -$470.79 ($471.98) -$1.19 $1,182.12
2.00% 3 36 $1,182.12 -$470.79 ($472.76) -$1.97 $1,652.91
2.00% 3 36 $1,652.91 -$470.79 ($473.54) -$2.75 $2,123.70
2.00% 3 36 $2,123.70 -$470.79 ($474.33) -$3.54 $2,594.49
2.00% 3 36 $2,594.49 -$470.79 ($475.11) -$4.32 $3,065.28
2.00% 3 36 $3,065.28 -$470.79 ($475.90) -$5.11 $3,536.07
2.00% 3 36 $3,536.07 -$470.79 ($476.68) -$5.89 $4,006.86
2.00% 3 36 $4,006.86 -$470.79 ($477.47) -$6.68 $4,477.65
2.00% 3 36 $4,477.65 -$470.79 ($478.25) -$7.46 $4,948.44
2.00% 3 36 $4,948.44 -$470.79 ($479.04) -$8.25 $5,419.23