Skip to main content

Loan Balance Calculator

This calculator will help you to determine the current balance of a loan when payments that have been made have been different from those stipulated in the original loan terms. This may be especially helpful if you have sold something on Contract for Deed, but the borrower has not made the regular payments as stipulated by the loan agreement.

Enter the original loan terms, the month and year of the loan origination and the number of months that have past since that time. Then click the "Create Loan Balance Calculator" button. This will create a payment schedule beneath the button that will include editable payment fields equal to the number of months past.

Loan Balance Calculator
Instructions: Change any payment amounts that were different from the monthly payment amount set forth in the original loan agreement. For your conveniece, if a series of payments were made that were all the same, but different from the original agreement, enter the number of months in the [Fill Down Number] column and click the [Fill Down] button. This will copy the amount to the left of the button to the stipulated number of rows below the button.
Pmt #Payment
Mo/Yr
Payment
Amount
Fill
Buttons
Fill Down
Number
11/2022
22/2022
33/2022
44/2022
55/2022
66/2022
77/2022
88/2022
99/2022
1010/2022
1111/2022
Current balance:

Disclosures

* Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues as well as mortgage information.