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 | $2,527.88 | |||||||||
Annual Total | $ 1,768.57 | ||||||||||
Year 8 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-10 | 88 | $ 32,235.62 | $ 134.32 | $105.82 | |||||||
Aug-10 | 89 | $ 32,129.79 | $ 133.87 | $106.27 | |||||||
Sep-10 | 90 | $ 32,023.52 | $ 133.43 | $106.71 | |||||||
Oct-10 | 91 | $ 31,916.80 | $ 132.99 | $107.15 | |||||||
Nov-10 | 92 | $ 31,809.65 | $ 132.54 | $107.60 | |||||||
Dec-10 | 93 | $ 31,702.04 | $ 132.09 | $108.05 | $ 799.24 | 0.5 | Interest paid 2H10 | ||||
Jan-11 | 94 | $ 31,593.99 | $ 131.64 | $108.50 | $ 783.03 | 0.5 | Interest paid 1H11 | ||||
Feb-11 | 95 | $ 31,485.49 | $ 131.19 | $108.95 | |||||||
Mar-11 | 96 | $ 31,376.53 | $ 130.74 | $109.40 | |||||||
Apr-11 | 97 | $ 31,267.13 | $ 130.28 | $109.86 | |||||||
May-11 | 98 | $ 31,157.26 | $ 129.82 | $110.32 | |||||||
Jun-11 | 99 | $ 31,046.94 | $ 129.36 | $110.78 | |||||||
Extra Payment | $ 30,936.15 | $2,466.49 | |||||||||
Annual Total | $ 1,582.27 | ||||||||||
Year 9 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-11 | 100 | $ 28,469.66 | $ 118.62 | $121.52 | |||||||
Aug-11 | 101 | $ 28,348.14 | $ 118.12 | $122.02 | |||||||
Sep-11 | 102 | $ 28,226.11 | $ 117.61 | $122.53 | |||||||
Oct-11 | 103 | $ 28,103.58 | $ 117.10 | $123.04 | |||||||
Nov-11 | 104 | $ 27,980.53 | $ 116.59 | $123.55 | |||||||
Dec-11 | 105 | $ 27,856.98 | $ 116.07 | $124.07 | |||||||
Jan-12 | 106 | $ 27,732.90 | $ 115.55 | $124.59 | |||||||
Feb-12 | 107 | $ 27,608.31 | $ 115.03 | $125.11 | |||||||
Mar-12 | 108 | $ 27,483.20 | $ 114.51 | $125.63 | |||||||
Apr-12 | 109 | $ 27,357.56 | $ 113.99 | $126.15 | |||||||
May-12 | 110 | $ 27,231.41 | $ 113.46 | $126.68 | |||||||
Jun-12 | 111 | $ 27,104.72 | $ 112.94 | $127.20 | |||||||
Extra Payment | $ 26,977.52 | $2,403.39 | |||||||||
Annual Total | $ 1,389.59 | ||||||||||
Year 10 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-12 | 112 | $ 24,574.13 | $ 102.39 | $137.75 | |||||||
Aug-12 | 113 | $ 24,436.38 | $ 101.82 | $138.32 | |||||||
Sep-12 | 114 | $ 24,298.06 | $ 101.24 | $138.90 | |||||||
Oct-12 | 115 | $ 24,159.15 | $ 100.66 | $139.48 | |||||||
Nov-12 | 116 | $ 24,019.67 | $ 100.08 | $140.06 | |||||||
Dec-12 | 117 | $ 23,879.60 | $ 99.50 | $140.64 | |||||||
Jan-13 | 118 | $ 23,738.96 | $ 98.91 | $141.23 | |||||||
Feb-13 | 119 | $ 23,597.72 | $ 98.32 | $141.82 | |||||||
Mar-13 | 120 | $ 23,455.90 | $ 97.73 | $142.41 | |||||||
Apr-13 | 121 | $ 23,313.48 | $ 97.14 | $143.00 | |||||||
May-13 | 122 | $ 23,170.48 | $ 96.54 | $143.60 | |||||||
Jun-13 | 123 | $ 23,026.88 | $ 95.95 | $144.19 | |||||||
Extra Payment | $ 22,882.68 | $2,339.66 | |||||||||
Annual Total | $ 1,190.28 | ||||||||||
Year 11 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-13 | 124 | $ 20,543.03 | $ 85.60 | $154.54 | |||||||
Aug-13 | 125 | $ 20,388.48 | $ 84.95 | $155.19 | |||||||
Sep-13 | 126 | $ 20,233.29 | $ 84.31 | $155.83 | |||||||
Oct-13 | 127 | $ 20,077.45 | $ 83.66 | $156.48 | |||||||
Nov-13 | 128 | $ 19,920.97 | $ 83.00 | $157.14 | |||||||
Dec-13 | 129 | $ 19,763.82 | $ 82.35 | $157.79 | |||||||
Jan-14 | 130 | $ 19,606.03 | $ 81.69 | $158.45 | |||||||
Feb-14 | 131 | $ 19,447.58 | $ 81.03 | $159.11 | |||||||
Mar-14 | 132 | $ 19,288.46 | $ 80.37 | $159.77 | |||||||
Apr-14 | 133 | $ 19,128.69 | $ 79.70 | $160.44 | |||||||
May-14 | 134 | $ 18,968.24 | $ 79.03 | $161.11 | |||||||
Jun-14 | 135 | $ 18,807.13 | $ 78.36 | $161.78 | |||||||
Extra Payment | $ 18,645.34 | $2,273.71 | |||||||||
Annual Total | $ 984.05 | ||||||||||
Year 12 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-14 | 136 | $ 16,371.63 | $ 68.22 | $171.92 | |||||||
Aug-14 | 137 | $ 16,199.71 | $ 67.50 | $172.64 | |||||||
Sep-14 | 138 | $ 16,027.06 | $ 66.78 | $173.36 | |||||||
Oct-14 | 139 | $ 15,853.70 | $ 66.06 | $174.08 | |||||||
Nov-14 | 140 | $ 15,679.61 | $ 65.33 | $174.81 | |||||||
Dec-14 | 141 | $ 15,504.80 | $ 64.60 | $175.54 | |||||||
Jan-15 | 142 | $ 15,329.25 | $ 63.87 | $176.27 | |||||||
Feb-15 | 143 | $ 15,152.98 | $ 63.14 | $177.00 | |||||||
Mar-15 | 144 | $ 14,975.98 | $ 62.40 | $177.74 | |||||||
Apr-15 | 145 | $ 14,798.23 | $ 61.66 | $178.48 | |||||||
May-15 | 146 | $ 14,619.75 | $ 60.92 | $179.22 | |||||||
Jun-15 | 147 | $ 14,440.52 | $ 60.17 | $179.97 | |||||||
Extra Payment | $ 14,260.55 | $2,205.48 | |||||||||
Annual Total | $ 770.65 | ||||||||||
Year 13 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-15 | 148 | $ 12,055.07 | $ 50.23 | $189.91 | |||||||
Aug-15 | 149 | $ 11,865.16 | $ 49.44 | $190.70 | |||||||
Sep-15 | 150 | $ 11,674.45 | $ 48.64 | $191.50 | |||||||
Oct-15 | 151 | $ 11,482.95 | $ 47.85 | $192.29 | |||||||
Nov-15 | 152 | $ 11,290.65 | $ 47.04 | $193.10 | |||||||
Dec-15 | 153 | $ 11,097.55 | $ 46.24 | $193.90 | |||||||
Jan-16 | 154 | $ 10,903.64 | $ 45.43 | $194.71 | |||||||
Feb-16 | 155 | $ 10,708.93 | $ 44.62 | $195.52 | |||||||
Mar-16 | 156 | $ 10,513.41 | $ 43.81 | $196.33 | |||||||
Apr-16 | 157 | $ 10,317.07 | $ 42.99 | $197.15 | |||||||
May-16 | 158 | $ 10,119.92 | $ 42.17 | $197.97 | |||||||
Jun-16 | 159 | $ 9,921.94 | $ 41.34 | $198.80 | |||||||
Extra Payment | $ 9,723.14 | $2,134.86 | |||||||||
Annual Total | $ 549.80 | ||||||||||
Year 14 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-16 | 160 | $ 7,588.28 | $ 31.62 | $208.52 | |||||||
Aug-16 | 161 | $ 7,379.75 | $ 30.75 | $209.39 | |||||||
Sep-16 | 162 | $ 7,170.36 | $ 29.88 | $210.26 | |||||||
Oct-16 | 163 | $ 6,960.09 | $ 29.00 | $211.14 | |||||||
Nov-16 | 164 | $ 6,748.95 | $ 28.12 | $212.02 | |||||||
Dec-16 | 165 | $ 6,536.92 | $ 27.24 | $212.90 | |||||||
Jan-17 | 166 | $ 6,324.02 | $ 26.35 | $213.79 | |||||||
Feb-17 | 167 | $ 6,110.23 | $ 25.46 | $214.68 | |||||||
Mar-17 | 168 | $ 5,895.54 | $ 24.56 | $215.58 | |||||||
Apr-17 | 169 | $ 5,679.96 | $ 23.67 | $216.47 | |||||||
May-17 | 170 | $ 5,463.48 | $ 22.76 | $217.38 | |||||||
Jun-17 | 171 | $ 5,246.10 | $ 21.86 | $218.28 | |||||||
Extra Payment | $ 5,027.81 | $2,061.79 | |||||||||
Annual Total | $ 321.27 | ||||||||||
Year 15 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-17 | 172 | $ 2,966.02 | $ 12.36 | $227.78 | |||||||
Aug-17 | 173 | $ 2,738.24 | $ 11.41 | $228.73 | |||||||
Sep-17 | 174 | $ 2,509.51 | $ 10.46 | $229.68 | |||||||
Oct-17 | 175 | $ 2,279.82 | $ 9.50 | $230.64 | |||||||
Nov-17 | 176 | $ 2,049.18 | $ 8.54 | $231.60 | |||||||
Dec-17 | 177 | $ 1,817.57 | $ 7.57 | $232.57 | |||||||
Jan-18 | 178 | $ 1,585.00 | $ 6.60 | $233.54 | |||||||
Feb-18 | 179 | $ 1,351.45 | $ 5.63 | $234.51 | |||||||
Mar-18 | 180 | $ 1,116.94 | $ 4.65 | $235.49 | |||||||
Apr-18 | 181 | $ 881.45 | $ 3.67 | $236.47 | |||||||
May-18 | 182 | $ 644.97 | $ 2.69 | $237.45 | |||||||
Jun-18 | 183 | $ 407.52 | $ 1.70 | $238.44 | |||||||
Extra Payment | $ 169.07 | $1,986.17 | Paid Off | ||||||||
Annual Total | $ 84.78 |