Mortgage | PV System | $40,271 | Net Cost of PV system | ||||||||
Principal | $ 42,934 | $2,663 | Mortgage Closing Costs (for first mortgage) | ||||||||
Interest | 5.75% | $42,934 | Amount assumed borrowed for PV system | ||||||||
Monthly | $250.55 | ||||||||||
Month | Mo. | Principal | Interest Pd | Principal Pd | Month | Mo. | Principal | Interest Pd | Principal Pd | ||
Apr-03 | 1 | $ 42,934.00 | $ 205.73 | $44.82 | Jul-04 | 16 | $43,007.77 | $ 206.08 | $44.47 | ||
May-03 | 2 | $ 42,889.18 | $ 205.51 | $45.04 | Aug-04 | 17 | $42,963.30 | $ 205.87 | $44.68 | ||
Jun-03 | 3 | $ 42,844.14 | $ 205.29 | $45.26 | Sep-04 | 18 | $42,918.62 | $ 205.65 | $44.90 | ||
Jul-03 | 4 | $ 42,798.88 | $ 205.08 | $45.47 | Oct-04 | 19 | $42,873.72 | $ 205.44 | $45.11 | ||
Aug-03 | 5 | $ 42,753.41 | $ 204.86 | $45.69 | Nov-04 | 20 | $42,828.61 | $ 205.22 | $45.33 | ||
Sep-03 | 6 | $ 42,707.71 | $ 204.64 | $45.91 | Dec-04 | 21 | $42,783.28 | $ 205.00 | $45.55 | ||
Oct-03 | 7 | $ 42,661.80 | $ 204.42 | $46.13 | Jan-05 | 22 | $42,737.73 | $ 204.78 | $45.77 | ||
Nov-03 | 8 | $ 42,615.67 | $ 204.20 | $46.35 | Feb-05 | 23 | $42,691.95 | $ 204.57 | $45.98 | ||
Dec-03 | 9 | $ 42,569.32 | $ 203.98 | $46.57 | Mar-05 | 24 | $42,645.97 | $ 204.35 | $46.20 | ||
Jan-04 | 10 | $ 42,522.75 | $ 203.75 | $46.80 | Apr-05 | 25 | $42,599.77 | $ 204.12 | $46.43 | ||
Feb-04 | 11 | $ 42,475.95 | $ 203.53 | $47.02 | May-05 | 26 | $42,553.34 | $ 203.90 | $46.65 | ||
Mar-04 | 12 | $ 42,428.93 | $ 203.31 | $47.24 | Jun-05 | 27 | $42,506.69 | $ 203.68 | $46.87 | ||
Apr-04 | 13 | $ 42,381.69 | $ 203.08 | $47.47 | Extra Payment | $42,459.82 | ($2,274.65) | ||||
May-04 | 14 | $ 42,334.21 | $ 202.85 | $47.70 | Annual Total | $2,458.66 | |||||
Jun-04 | 15 | $ 42,286.51 | $ 202.62 | $47.93 | |||||||
Extra Payment | $ 42,238.58 | ($769.19) | |||||||||
Annual Total | $ 3,062.85 | ||||||||||
Refinance | |||||||||||
Principal | $ 44,734.47 | ||||||||||
Interest | 5.00% | ||||||||||
Monthly | $240.14 | ||||||||||
Year 3 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-05 | 28 | $ 44,734.47 | $ 186.39 | $53.75 | |||||||
Aug-05 | 29 | $ 44,680.72 | $ 186.17 | $53.97 | |||||||
Sep-05 | 30 | $ 44,626.74 | $ 185.94 | $54.20 | |||||||
Oct-05 | 31 | $ 44,572.54 | $ 185.72 | $54.42 | |||||||
Nov-05 | 32 | $ 44,518.12 | $ 185.49 | $54.65 | |||||||
Dec-05 | 33 | $ 44,463.46 | $ 185.26 | $54.88 | |||||||
Jan-06 | 34 | $ 44,408.58 | $ 185.04 | $55.10 | |||||||
Feb-06 | 35 | $ 44,353.47 | $ 184.81 | $55.33 | |||||||
Mar-06 | 36 | $ 44,298.14 | $ 184.58 | $55.56 | |||||||
Apr-06 | 37 | $ 44,242.57 | $ 184.34 | $55.80 | |||||||
May-06 | 38 | $ 44,186.77 | $ 184.11 | $56.03 | |||||||
Jun-06 | 39 | $ 44,130.74 | $ 183.88 | $56.26 | |||||||
Extra Payment | $ 44,074.47 | $503.67 | |||||||||
Annual Total | $ 2,221.73 | ||||||||||
Year 4 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-06 | 40 | $ 43,570.80 | $ 181.54 | $58.60 | |||||||
Aug-06 | 41 | $ 43,512.19 | $ 181.30 | $58.84 | |||||||
Sep-06 | 42 | $ 43,453.35 | $ 181.06 | $59.08 | |||||||
Oct-06 | 43 | $ 43,394.27 | $ 180.81 | $59.33 | |||||||
Nov-06 | 44 | $ 43,334.93 | $ 180.56 | $59.58 | |||||||
Dec-06 | 45 | $ 43,275.35 | $ 180.31 | $59.83 | |||||||
Jan-07 | 46 | $ 43,215.51 | $ 180.06 | $60.08 | |||||||
Feb-07 | 47 | $ 43,155.43 | $ 179.81 | $60.33 | |||||||
Mar-07 | 48 | $ 43,095.09 | $ 179.56 | $60.58 | |||||||
Apr-07 | 49 | $ 43,034.51 | $ 179.31 | $60.83 | |||||||
May-07 | 50 | $ 42,973.68 | $ 179.06 | $61.08 | |||||||
Jun-07 | 51 | $ 42,912.59 | $ 178.80 | $61.34 | |||||||
Extra Payment | $ 42,851.25 | $1,571.21 | |||||||||
Annual Total | $ 2,162.18 | ||||||||||
Year 5 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-07 | 52 | $ 41,280.04 | $ 172.00 | $68.14 | |||||||
Aug-07 | 53 | $ 41,211.90 | $ 171.72 | $68.42 | |||||||
Sep-07 | 54 | $ 41,143.47 | $ 171.43 | $68.71 | |||||||
Oct-07 | 55 | $ 41,074.76 | $ 171.14 | $69.00 | |||||||
Nov-07 | 56 | $ 41,005.75 | $ 170.86 | $69.28 | |||||||
Dec-07 | 57 | $ 40,936.47 | $ 170.57 | $69.57 | |||||||
Jan-08 | 58 | $ 40,866.90 | $ 170.28 | $69.86 | |||||||
Feb-08 | 59 | $ 40,797.03 | $ 169.99 | $70.15 | |||||||
Mar-08 | 60 | $ 40,726.88 | $ 169.70 | $70.44 | |||||||
Apr-08 | 61 | $ 40,656.43 | $ 169.40 | $70.74 | |||||||
May-08 | 62 | $ 40,585.69 | $ 169.11 | $71.03 | |||||||
Jun-08 | 63 | $ 40,514.65 | $ 168.81 | $71.33 | |||||||
Extra Payment | $ 40,443.32 | $1,488.91 | |||||||||
Annual Total | $ 2,045.01 | ||||||||||
Year 6 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-08 | 64 | $ 38,954.41 | $ 162.31 | $77.83 | |||||||
Aug-08 | 65 | $ 38,876.58 | $ 161.99 | $78.15 | |||||||
Sep-08 | 66 | $ 38,798.42 | $ 161.66 | $78.48 | |||||||
Oct-08 | 67 | $ 38,719.94 | $ 161.33 | $78.81 | |||||||
Nov-08 | 68 | $ 38,641.12 | $ 161.00 | $79.14 | |||||||
Dec-08 | 69 | $ 38,561.98 | $ 160.67 | $79.47 | $ 968.96 | 0.5 | Interest paid 2H08 | ||||
Jan-09 | 70 | $ 38,482.50 | $ 160.34 | $79.80 | $ 957.05 | 0.5 | Interest paid 1H09 | ||||
Feb-09 | 71 | $ 38,402.70 | $ 160.01 | $80.13 | |||||||
Mar-09 | 72 | $ 38,322.57 | $ 159.68 | $80.46 | |||||||
Apr-09 | 73 | $ 38,242.10 | $ 159.34 | $80.80 | |||||||
May-09 | 74 | $ 38,161.30 | $ 159.01 | $81.13 | |||||||
Jun-09 | 75 | $ 38,080.16 | $ 158.67 | $81.47 | |||||||
Extra Payment | $ 37,998.69 | $2,122.03 | |||||||||
Annual Total | $ 1,926.01 | ||||||||||
Year 7 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-09 | 76 | $ 35,876.66 | $ 149.49 | $90.65 | |||||||
Aug-09 | 77 | $ 35,786.00 | $ 149.11 | $91.03 | |||||||
Sep-09 | 78 | $ 35,694.97 | $ 148.73 | $91.41 | |||||||
Oct-09 | 79 | $ 35,603.55 | $ 148.35 | $91.79 | |||||||
Nov-09 | 80 | $ 35,511.76 | $ 147.97 | $92.17 | |||||||
Dec-09 | 81 | $ 35,419.59 | $ 147.58 | $92.56 | |||||||
Jan-10 | 82 | $ 35,327.02 | $ 147.20 | $92.94 | |||||||
Feb-10 | 83 | $ 35,234.08 | $ 146.81 | $93.33 | |||||||
Mar-10 | 84 | $ 35,140.74 | $ 146.42 | $93.72 | |||||||
Apr-10 | 85 | $ 35,047.02 | $ 146.03 | $94.11 | |||||||
May-10 | 86 | $ 34,952.90 | $ 145.64 | $94.50 | |||||||
Jun-10 | 87 | $ 34,858.40 | $ 145.24 | $94.90 | |||||||
Extra Payment | $ 34,763.50 | $2,073.21 | |||||||||
Annual Total | $ 1,768.57 | ||||||||||
Year 8 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-10 | 88 | $ 32,690.28 | $ 136.21 | $103.93 | |||||||
Aug-10 | 89 | $ 32,586.35 | $ 135.78 | $104.36 | |||||||
Sep-10 | 90 | $ 32,481.99 | $ 135.34 | $104.80 | |||||||
Oct-10 | 91 | $ 32,377.18 | $ 134.90 | $105.24 | |||||||
Nov-10 | 92 | $ 32,271.94 | $ 134.47 | $105.67 | |||||||
Dec-10 | 93 | $ 32,166.26 | $ 134.03 | $106.11 | $ 810.73 | 0.5 | Interest paid 2H10 | ||||
Jan-11 | 94 | $ 32,060.15 | $ 133.58 | $106.56 | $ 794.81 | 0.5 | Interest paid 1H11 | ||||
Feb-11 | 95 | $ 31,953.58 | $ 133.14 | $107.00 | |||||||
Mar-11 | 96 | $ 31,846.58 | $ 132.69 | $107.45 | |||||||
Apr-11 | 97 | $ 31,739.13 | $ 132.25 | $107.89 | |||||||
May-11 | 98 | $ 31,631.23 | $ 131.80 | $108.34 | |||||||
Jun-11 | 99 | $ 31,522.89 | $ 131.35 | $108.79 | |||||||
Extra Payment | $ 31,414.09 | $2,019.29 | |||||||||
Annual Total | $ 1,605.54 | ||||||||||
Year 9 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-11 | 100 | $ 29,394.81 | $ 122.48 | $117.66 | |||||||
Aug-11 | 101 | $ 29,277.14 | $ 121.99 | $118.15 | |||||||
Sep-11 | 102 | $ 29,158.99 | $ 121.50 | $118.64 | |||||||
Oct-11 | 103 | $ 29,040.34 | $ 121.00 | $119.14 | |||||||
Nov-11 | 104 | $ 28,921.20 | $ 120.50 | $119.64 | |||||||
Dec-11 | 105 | $ 28,801.55 | $ 120.01 | $120.13 | |||||||
Jan-12 | 106 | $ 28,681.42 | $ 119.51 | $120.63 | |||||||
Feb-12 | 107 | $ 28,560.79 | $ 119.00 | $121.14 | |||||||
Mar-12 | 108 | $ 28,439.64 | $ 118.50 | $121.64 | |||||||
Apr-12 | 109 | $ 28,318.00 | $ 117.99 | $122.15 | |||||||
May-12 | 110 | $ 28,195.84 | $ 117.48 | $122.66 | |||||||
Jun-12 | 111 | $ 28,073.18 | $ 116.97 | $123.17 | |||||||
Extra Payment | $ 27,950.00 | $1,963.85 | |||||||||
Annual Total | $ 1,436.93 | ||||||||||
Year 10 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-12 | 112 | $ 25,986.15 | $ 108.28 | $131.86 | |||||||
Aug-12 | 113 | $ 25,854.29 | $ 107.73 | $132.41 | |||||||
Sep-12 | 114 | $ 25,721.87 | $ 107.17 | $132.97 | |||||||
Oct-12 | 115 | $ 25,588.90 | $ 106.62 | $133.52 | |||||||
Nov-12 | 116 | $ 25,455.37 | $ 106.06 | $134.08 | |||||||
Dec-12 | 117 | $ 25,321.29 | $ 105.51 | $134.63 | |||||||
Jan-13 | 118 | $ 25,186.65 | $ 104.94 | $135.20 | |||||||
Feb-13 | 119 | $ 25,051.45 | $ 104.38 | $135.76 | |||||||
Mar-13 | 120 | $ 24,915.69 | $ 103.82 | $136.32 | |||||||
Apr-13 | 121 | $ 24,779.36 | $ 103.25 | $136.89 | |||||||
May-13 | 122 | $ 24,642.47 | $ 102.68 | $137.46 | |||||||
Jun-13 | 123 | $ 24,505.00 | $ 102.10 | $138.04 | |||||||
Extra Payment | $ 24,366.96 | $1,908.09 | |||||||||
Annual Total | $ 1,262.54 | ||||||||||
Year 11 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-13 | 124 | $ 22,458.87 | $ 93.58 | $146.56 | |||||||
Aug-13 | 125 | $ 22,312.30 | $ 92.97 | $147.17 | |||||||
Sep-13 | 126 | $ 22,165.13 | $ 92.35 | $147.79 | |||||||
Oct-13 | 127 | $ 22,017.33 | $ 91.74 | $148.40 | |||||||
Nov-13 | 128 | $ 21,868.93 | $ 91.12 | $149.02 | |||||||
Dec-13 | 129 | $ 21,719.90 | $ 90.50 | $149.64 | |||||||
Jan-14 | 130 | $ 21,570.26 | $ 89.88 | $150.26 | |||||||
Feb-14 | 131 | $ 21,420.00 | $ 89.25 | $150.89 | |||||||
Mar-14 | 132 | $ 21,269.10 | $ 88.62 | $151.52 | |||||||
Apr-14 | 133 | $ 21,117.58 | $ 87.99 | $152.15 | |||||||
May-14 | 134 | $ 20,965.42 | $ 87.36 | $152.78 | |||||||
Jun-14 | 135 | $ 20,812.64 | $ 86.72 | $153.42 | |||||||
Extra Payment | $ 20,659.21 | $1,850.39 | |||||||||
Annual Total | $ 1,082.08 | ||||||||||
Year 12 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-14 | 136 | $ 18,808.82 | $ 78.37 | $161.77 | |||||||
Aug-14 | 137 | $ 18,647.05 | $ 77.70 | $162.44 | |||||||
Sep-14 | 138 | $ 18,484.61 | $ 77.02 | $163.12 | |||||||
Oct-14 | 139 | $ 18,321.48 | $ 76.34 | $163.80 | |||||||
Nov-14 | 140 | $ 18,157.68 | $ 75.66 | $164.48 | |||||||
Dec-14 | 141 | $ 17,993.19 | $ 74.97 | $165.17 | |||||||
Jan-15 | 142 | $ 17,828.02 | $ 74.28 | $165.86 | |||||||
Feb-15 | 143 | $ 17,662.15 | $ 73.59 | $166.55 | |||||||
Mar-15 | 144 | $ 17,495.60 | $ 72.90 | $167.24 | |||||||
Apr-15 | 145 | $ 17,328.35 | $ 72.20 | $167.94 | |||||||
May-15 | 146 | $ 17,160.41 | $ 71.50 | $168.64 | |||||||
Jun-15 | 147 | $ 16,991.77 | $ 70.80 | $169.34 | |||||||
Extra Payment | $ 16,822.42 | $1,790.68 | |||||||||
Annual Total | $ 895.33 | ||||||||||
Year 13 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-15 | 148 | $ 15,031.74 | $ 62.63 | $177.51 | |||||||
Aug-15 | 149 | $ 14,854.23 | $ 61.89 | $178.25 | |||||||
Sep-15 | 150 | $ 14,675.98 | $ 61.15 | $178.99 | |||||||
Oct-15 | 151 | $ 14,496.98 | $ 60.40 | $179.74 | |||||||
Nov-15 | 152 | $ 14,317.24 | $ 59.66 | $180.48 | |||||||
Dec-15 | 153 | $ 14,136.75 | $ 58.90 | $181.24 | |||||||
Jan-16 | 154 | $ 13,955.51 | $ 58.15 | $181.99 | |||||||
Feb-16 | 155 | $ 13,773.51 | $ 57.39 | $182.75 | |||||||
Mar-16 | 156 | $ 13,590.76 | $ 56.63 | $183.51 | |||||||
Apr-16 | 157 | $ 13,407.25 | $ 55.86 | $184.28 | |||||||
May-16 | 158 | $ 13,222.96 | $ 55.10 | $185.04 | |||||||
Jun-16 | 159 | $ 13,037.92 | $ 54.32 | $185.82 | |||||||
Extra Payment | $ 12,852.09 | $1,728.89 | |||||||||
Annual Total | $ 702.08 | ||||||||||
Year 14 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-16 | 160 | $ 11,123.21 | $ 46.35 | $193.79 | |||||||
Aug-16 | 161 | $ 10,929.41 | $ 45.54 | $194.60 | |||||||
Sep-16 | 162 | $ 10,734.81 | $ 44.73 | $195.41 | |||||||
Oct-16 | 163 | $ 10,539.39 | $ 43.91 | $196.23 | |||||||
Nov-16 | 164 | $ 10,343.16 | $ 43.10 | $197.04 | |||||||
Dec-16 | 165 | $ 10,146.12 | $ 42.28 | $197.86 | |||||||
Jan-17 | 166 | $ 9,948.25 | $ 41.45 | $198.69 | |||||||
Feb-17 | 167 | $ 9,749.56 | $ 40.62 | $199.52 | |||||||
Mar-17 | 168 | $ 9,550.03 | $ 39.79 | $200.35 | |||||||
Apr-17 | 169 | $ 9,349.68 | $ 38.96 | $201.18 | |||||||
May-17 | 170 | $ 9,148.49 | $ 38.12 | $202.02 | |||||||
Jun-17 | 171 | $ 8,946.47 | $ 37.28 | $202.86 | |||||||
Extra Payment | $ 8,743.61 | $1,664.95 | |||||||||
Annual Total | $ 502.13 | ||||||||||
Year 15 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-17 | 172 | $ 7,078.65 | $ 29.49 | $210.65 | |||||||
Aug-17 | 173 | $ 6,868.00 | $ 28.62 | $211.52 | |||||||
Sep-17 | 174 | $ 6,656.48 | $ 27.74 | $212.40 | |||||||
Oct-17 | 175 | $ 6,444.07 | $ 26.85 | $213.29 | |||||||
Nov-17 | 176 | $ 6,230.78 | $ 25.96 | $214.18 | |||||||
Dec-17 | 177 | $ 6,016.59 | $ 25.07 | $215.07 | |||||||
Jan-18 | 178 | $ 5,801.52 | $ 24.17 | $215.97 | |||||||
Feb-18 | 179 | $ 5,585.54 | $ 23.27 | $216.87 | |||||||
Mar-18 | 180 | $ 5,368.67 | $ 22.37 | $217.77 | |||||||
Apr-18 | 181 | $ 5,150.90 | $ 21.46 | $218.68 | |||||||
May-18 | 182 | $ 4,932.21 | $ 20.55 | $219.59 | |||||||
Jun-18 | 183 | $ 4,712.62 | $ 19.64 | $220.50 | |||||||
Extra Payment | $ 4,492.11 | $1,598.78 | |||||||||
Annual Total | $ 295.19 | ||||||||||
Year 16 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-18 | 184 | $ 2,893.33 | $ 12.06 | $228.08 | |||||||
Aug-18 | 185 | $ 2,665.25 | $ 11.11 | $229.03 | |||||||
Sep-18 | 186 | $ 2,436.21 | $ 10.15 | $229.99 | |||||||
Oct-18 | 187 | $ 2,206.22 | $ 9.19 | $230.95 | |||||||
Nov-18 | 188 | $ 1,975.26 | $ 8.23 | $231.91 | |||||||
Dec-18 | 189 | $ 1,743.35 | $ 7.26 | $232.88 | |||||||
Jan-19 | 190 | $ 1,510.46 | $ 6.29 | $233.85 | |||||||
Feb-19 | 191 | $ 1,276.61 | $ 5.32 | $234.82 | |||||||
Mar-19 | 192 | $ 1,041.79 | $ 4.34 | $235.80 | |||||||
Apr-19 | 193 | $ 805.98 | $ 3.36 | $236.78 | |||||||
May-19 | 194 | $ 569.20 | $ 2.37 | $237.77 | |||||||
Jun-19 | 195 | $ 331.42 | $ 1.38 | $238.76 | |||||||
Extra Payment | $ 92.66 | $1,530.31 | Paid Off | ||||||||
Annual Total | $ 81.06 |