Home Improvement Loan Calculator

Home Improvement Loan Calculator to calculate the monthly payments for your home improvement loan. The home renovation loan calculator takes three simple inputs, the loan amount, terms, and interest rate.

Loan Calculator Summary
Loan Amount:	$30,000.00
Monthly Payment:	$566.14
Total # Of Payments:	60
Start Date:	Dec, 2021
Payoff Date:	Nov, 2026
Total Interest Paid:	$3,968.22
Total Payment:	$33,968.22

Payment Date	Payment #	Interest Paid	Principal Paid	Total Payment	Remaining Balance
Loan Amortization Schedule
Dec, 2021	1	$125.00	$441.14	$566.14	$29,558.86
Jan, 2022	2	$123.16	$442.98	$566.14	$29,115.89
Feb, 2022	3	$121.32	$444.82	$566.14	$28,671.07
Mar, 2022	4	$119.46	$446.67	$566.14	$28,224.39
Apr, 2022	5	$117.60	$448.54	$566.14	$27,775.86
May, 2022	6	$115.73	$450.40	$566.14	$27,325.45
Jun, 2022	7	$113.86	$452.28	$566.14	$26,873.17
Jul, 2022	8	$111.97	$454.17	$566.14	$26,419.01
Aug, 2022	9	$110.08	$456.06	$566.14	$25,962.95
Sep, 2022	10	$108.18	$457.96	$566.14	$25,504.99
Oct, 2022	11	$106.27	$459.87	$566.14	$25,045.12
Nov, 2022	12	$104.35	$461.78	$566.14	$24,583.34
Dec, 2022	13	$102.43	$463.71	$566.14	$24,119.64
Jan, 2023	14	$100.50	$465.64	$566.14	$23,654.00
Feb, 2023	15	$98.56	$467.58	$566.14	$23,186.42
Mar, 2023	16	$96.61	$469.53	$566.14	$22,716.89
Apr, 2023	17	$94.65	$471.48	$566.14	$22,245.41
May, 2023	18	$92.69	$473.45	$566.14	$21,771.96
Jun, 2023	19	$90.72	$475.42	$566.14	$21,296.54
Jul, 2023	20	$88.74	$477.40	$566.14	$20,819.14
Aug, 2023	21	$86.75	$479.39	$566.14	$20,339.75
Sep, 2023	22	$84.75	$481.39	$566.14	$19,858.36
Oct, 2023	23	$82.74	$483.39	$566.14	$19,374.97
Nov, 2023	24	$80.73	$485.41	$566.14	$18,889.56
Dec, 2023	25	$78.71	$487.43	$566.14	$18,402.13
Jan, 2024	26	$76.68	$489.46	$566.14	$17,912.67
Feb, 2024	27	$74.64	$491.50	$566.14	$17,421.17
Mar, 2024	28	$72.59	$493.55	$566.14	$16,927.62
Apr, 2024	29	$70.53	$495.61	$566.14	$16,432.01
May, 2024	30	$68.47	$497.67	$566.14	$15,934.34
Jun, 2024	31	$66.39	$499.74	$566.14	$15,434.60
Jul, 2024	32	$64.31	$501.83	$566.14	$14,932.77
Aug, 2024	33	$62.22	$503.92	$566.14	$14,428.85
Sep, 2024	34	$60.12	$506.02	$566.14	$13,922.84
Oct, 2024	35	$58.01	$508.13	$566.14	$13,414.71
Nov, 2024	36	$55.89	$510.24	$566.14	$12,904.47
Dec, 2024	37	$53.77	$512.37	$566.14	$12,392.10
Jan, 2025	38	$51.63	$514.50	$566.14	$11,877.60
Feb, 2025	39	$49.49	$516.65	$566.14	$11,360.95
Mar, 2025	40	$47.34	$518.80	$566.14	$10,842.15
Apr, 2025	41	$45.18	$520.96	$566.14	$10,321.19
May, 2025	42	$43.00	$523.13	$566.14	$9,798.06
Jun, 2025	43	$40.83	$525.31	$566.14	$9,272.75
Jul, 2025	44	$38.64	$527.50	$566.14	$8,745.25
Aug, 2025	45	$36.44	$529.70	$566.14	$8,215.55
Sep, 2025	46	$34.23	$531.91	$566.14	$7,683.64
Oct, 2025	47	$32.02	$534.12	$566.14	$7,149.52
Nov, 2025	48	$29.79	$536.35	$566.14	$6,613.17
Dec, 2025	49	$27.55	$538.58	$566.14	$6,074.59
Jan, 2026	50	$25.31	$540.83	$566.14	$5,533.76
Feb, 2026	51	$23.06	$543.08	$566.14	$4,990.68
Mar, 2026	52	$20.79	$545.34	$566.14	$4,445.34
Apr, 2026	53	$18.52	$547.61	$566.14	$3,897.73
May, 2026	54	$16.24	$549.90	$566.14	$3,347.83
Jun, 2026	55	$13.95	$552.19	$566.14	$2,795.64
Jul, 2026	56	$11.65	$554.49	$566.14	$2,241.15
Aug, 2026	57	$9.34	$556.80	$566.14	$1,684.36
Sep, 2026	58	$7.02	$559.12	$566.14	$1,125.24
Oct, 2026	59	$4.69	$561.45	$566.14	$563.79
Nov, 2026	60	$2.35	$563.79	$566.14	$0.00

Home Renovation Loan Calculator

Home renovation increases the value of your home. If you are planning to sell your house, home renovation can increase the asking price for your house.

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