Home Improvement Loan Calculator

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