This is a simple calculator that shows you the principal balance of your loan over its entire term. You will be able to see what portion of your monthly payment amount is paying for the interest and which is paying down your balance. Over time, the interest amount goes down and the principal amount goes up.
* Calculators are provided for your reference only and they do not include all fees associated with a mortgage loan. Platinum Home Mortgage does not guarantee the accuracy of the calculations and results are not a commitment to provide mortgage financing.