How Much Will My Principal Be?

This calculator figures your principal balance after any number of payments. Input the beginning principal amount, interest rate, length of the loan and the number of payments made in years to analyze. This information can be helpful when analyzing an adjustable rate product. For example, after your initial loan term, your balance will reamortize to the adjustable rate. Therefore, you can take the principal balance and use our payment calculator to analyze your new payment at various interest rates.

Loan Information


*When using any of the website calculators, the rates and payment shown are estimates and guides for your convenience only and do not factor in all your information. The dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. Your specific situation may warrant a higher rate and payment based on credit history, income, and many other factors. Products may not be available for your specific situation. The estimates you receive are for illustrative and educational purposes only. Speak to one of our mortgage professionals to get personalized rate and monthly payment quotes.

*The estimated calculation is based on the amounts you provided in the calculator and on the following additional assumptions: (1) the property is located in one of the following states: Maryland, Delaware, Pennsylvania, Florida, New Jersey, and Virginia; (2) an escrow account may be required such that any applicable taxes and insurance costs are collected monthly with your mortgage payment; (3) payments shown do not include amounts for HOA fees or condo fees. Your monthly payment amount will be greater if these additional costs are required.

Your actual interest rate may differ depending on a number of factors, including your credit history and loan characteristics. This is not a credit decision or a commitment to lend. ARM interest rates and payment are subject to increase after the initial fixed-rate period (3 years for a 3/1 ARM, 5 years for a 5/1 ARM, 7 years for a 7/1 ARM). Select the link for Adjustable Rate Mortgages for important information, including estimated payments and rate adjustments.