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 | $40,315.11 | $ 193.18 | $57.37 | ||
May-03 | 2 | $ 42,889.18 | $ 205.51 | $45.04 | Aug-04 | 17 | $40,257.74 | $ 192.90 | $57.65 | ||
Jun-03 | 3 | $ 42,844.14 | $ 205.29 | $45.26 | Sep-04 | 18 | $40,200.09 | $ 192.63 | $57.92 | ||
Jul-03 | 4 | $ 42,798.88 | $ 205.08 | $45.47 | Oct-04 | 19 | $40,142.17 | $ 192.35 | $58.20 | ||
Aug-03 | 5 | $ 42,753.41 | $ 204.86 | $45.69 | Nov-04 | 20 | $40,083.97 | $ 192.07 | $58.48 | ||
Sep-03 | 6 | $ 42,707.71 | $ 204.64 | $45.91 | Dec-04 | 21 | $40,025.49 | $ 191.79 | $58.76 | ||
Oct-03 | 7 | $ 42,661.80 | $ 204.42 | $46.13 | Jan-05 | 22 | $39,966.73 | $ 191.51 | $59.04 | ||
Nov-03 | 8 | $ 42,615.67 | $ 204.20 | $46.35 | Feb-05 | 23 | $39,907.69 | $ 191.22 | $59.33 | ||
Dec-03 | 9 | $ 42,569.32 | $ 203.98 | $46.57 | Mar-05 | 24 | $39,848.35 | $ 190.94 | $59.61 | ||
Jan-04 | 10 | $ 42,522.75 | $ 203.75 | $46.80 | Apr-05 | 25 | $39,788.74 | $ 190.65 | $59.90 | ||
Feb-04 | 11 | $ 42,475.95 | $ 203.53 | $47.02 | May-05 | 26 | $39,728.84 | $ 190.37 | $60.18 | ||
Mar-04 | 12 | $ 42,428.93 | $ 203.31 | $47.24 | Jun-05 | 27 | $39,668.66 | $ 190.08 | $60.47 | ||
Apr-04 | 13 | $ 42,381.69 | $ 203.08 | $47.47 | Extra Payment | $39,608.19 | $113.91 | ||||
May-04 | 14 | $ 42,334.21 | $ 202.85 | $47.70 | Annual Total | $2,299.69 | |||||
Jun-04 | 15 | $ 42,286.51 | $ 202.62 | $47.93 | |||||||
Extra Payment | $ 42,238.58 | $1,923.47 | |||||||||
Annual Total | $ 3,062.85 | ||||||||||
Refinance | |||||||||||
Principal | $ 39,494.27 | ||||||||||
Interest | 5.00% | ||||||||||
Monthly | $212.01 | ||||||||||
Year 3 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-05 | 28 | $ 39,494.27 | $ 164.56 | $47.45 | |||||||
Aug-05 | 29 | $ 39,446.82 | $ 164.36 | $47.65 | |||||||
Sep-05 | 30 | $ 39,399.17 | $ 164.16 | $47.85 | |||||||
Oct-05 | 31 | $ 39,351.31 | $ 163.96 | $48.05 | |||||||
Nov-05 | 32 | $ 39,303.26 | $ 163.76 | $48.25 | |||||||
Dec-05 | 33 | $ 39,255.01 | $ 163.56 | $48.45 | |||||||
Jan-06 | 34 | $ 39,206.55 | $ 163.36 | $48.65 | |||||||
Feb-06 | 35 | $ 39,157.90 | $ 163.16 | $48.85 | |||||||
Mar-06 | 36 | $ 39,109.04 | $ 162.95 | $49.06 | |||||||
Apr-06 | 37 | $ 39,059.98 | $ 162.75 | $49.26 | |||||||
May-06 | 38 | $ 39,010.72 | $ 162.54 | $49.47 | |||||||
Jun-06 | 39 | $ 38,961.24 | $ 162.34 | $49.67 | |||||||
Extra Payment | $ 38,911.57 | $3,218.97 | |||||||||
Annual Total | $ 1,961.46 | ||||||||||
Year 4 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-06 | 40 | $ 35,692.60 | $ 148.72 | $63.29 | |||||||
Aug-06 | 41 | $ 35,629.31 | $ 148.46 | $63.55 | |||||||
Sep-06 | 42 | $ 35,565.75 | $ 148.19 | $63.82 | |||||||
Oct-06 | 43 | $ 35,501.93 | $ 147.92 | $64.09 | |||||||
Nov-06 | 44 | $ 35,437.84 | $ 147.66 | $64.35 | |||||||
Dec-06 | 45 | $ 35,373.48 | $ 147.39 | $64.62 | |||||||
Jan-07 | 46 | $ 35,308.86 | $ 147.12 | $64.89 | |||||||
Feb-07 | 47 | $ 35,243.96 | $ 146.85 | $65.16 | |||||||
Mar-07 | 48 | $ 35,178.80 | $ 146.58 | $65.43 | |||||||
Apr-07 | 49 | $ 35,113.37 | $ 146.31 | $65.70 | |||||||
May-07 | 50 | $ 35,047.66 | $ 146.03 | $65.98 | |||||||
Jun-07 | 51 | $ 34,981.68 | $ 145.76 | $66.25 | |||||||
Extra Payment | $ 34,915.42 | $4,468.88 | |||||||||
Annual Total | $ 1,766.99 | ||||||||||
Year 5 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-07 | 52 | $ 30,446.54 | $ 126.86 | $85.15 | |||||||
Aug-07 | 53 | $ 30,361.39 | $ 126.51 | $85.50 | |||||||
Sep-07 | 54 | $ 30,275.88 | $ 126.15 | $85.86 | |||||||
Oct-07 | 55 | $ 30,190.02 | $ 125.79 | $86.22 | |||||||
Nov-07 | 56 | $ 30,103.80 | $ 125.43 | $86.58 | |||||||
Dec-07 | 57 | $ 30,017.21 | $ 125.07 | $86.94 | |||||||
Jan-08 | 58 | $ 29,930.27 | $ 124.71 | $87.30 | |||||||
Feb-08 | 59 | $ 29,842.96 | $ 124.35 | $87.66 | |||||||
Mar-08 | 60 | $ 29,755.30 | $ 123.98 | $88.03 | |||||||
Apr-08 | 61 | $ 29,667.27 | $ 123.61 | $88.40 | |||||||
May-08 | 62 | $ 29,578.86 | $ 123.25 | $88.76 | |||||||
Jun-08 | 63 | $ 29,490.10 | $ 122.88 | $89.13 | |||||||
Extra Payment | $ 29,400.97 | $4,383.06 | |||||||||
Annual Total | $ 1,498.59 | ||||||||||
Year 6 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-08 | 64 | $ 25,017.90 | $ 104.24 | $107.77 | |||||||
Aug-08 | 65 | $ 24,910.13 | $ 103.79 | $108.22 | |||||||
Sep-08 | 66 | $ 24,801.91 | $ 103.34 | $108.67 | |||||||
Oct-08 | 67 | $ 24,693.23 | $ 102.89 | $109.12 | |||||||
Nov-08 | 68 | $ 24,584.11 | $ 102.43 | $109.58 | |||||||
Dec-08 | 69 | $ 24,474.52 | $ 101.98 | $110.03 | |||||||
Jan-09 | 70 | $ 24,364.49 | $ 101.52 | $110.49 | |||||||
Feb-09 | 71 | $ 24,254.00 | $ 101.06 | $110.95 | |||||||
Mar-09 | 72 | $ 24,143.04 | $ 100.60 | $111.41 | |||||||
Apr-09 | 73 | $ 24,031.63 | $ 100.13 | $111.88 | |||||||
May-09 | 74 | $ 23,919.75 | $ 99.67 | $112.34 | |||||||
Jun-09 | 75 | $ 23,807.40 | $ 99.20 | $112.81 | |||||||
Extra Payment | $ 23,694.59 | $4,294.25 | |||||||||
Annual Total | $ 1,220.85 | ||||||||||
Year 7 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-09 | 76 | $ 19,400.33 | $ 80.83 | $131.18 | |||||||
Aug-09 | 77 | $ 19,269.15 | $ 80.29 | $131.72 | |||||||
Sep-09 | 78 | $ 19,137.43 | $ 79.74 | $132.27 | |||||||
Oct-09 | 79 | $ 19,005.15 | $ 79.19 | $132.82 | |||||||
Nov-09 | 80 | $ 18,872.33 | $ 78.63 | $133.38 | |||||||
Dec-09 | 81 | $ 18,738.94 | $ 78.08 | $133.93 | |||||||
Jan-10 | 82 | $ 18,605.01 | $ 77.52 | $134.49 | |||||||
Feb-10 | 83 | $ 18,470.52 | $ 76.96 | $135.05 | |||||||
Mar-10 | 84 | $ 18,335.46 | $ 76.40 | $135.61 | |||||||
Apr-10 | 85 | $ 18,199.85 | $ 75.83 | $136.18 | |||||||
May-10 | 86 | $ 18,063.66 | $ 75.27 | $136.74 | |||||||
Jun-10 | 87 | $ 17,926.92 | $ 74.70 | $137.31 | |||||||
Extra Payment | $ 17,789.61 | $4,202.36 | |||||||||
Annual Total | $ 933.44 | ||||||||||
Year 8 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-10 | 88 | $ 13,587.25 | $ 56.61 | $155.40 | |||||||
Aug-10 | 89 | $ 13,431.85 | $ 55.97 | $156.04 | |||||||
Sep-10 | 90 | $ 13,275.80 | $ 55.32 | $156.69 | |||||||
Oct-10 | 91 | $ 13,119.11 | $ 54.66 | $157.35 | |||||||
Nov-10 | 92 | $ 12,961.76 | $ 54.01 | $158.00 | |||||||
Dec-10 | 93 | $ 12,803.75 | $ 53.35 | $158.66 | |||||||
Jan-11 | 94 | $ 12,645.09 | $ 52.69 | $159.32 | |||||||
Feb-11 | 95 | $ 12,485.76 | $ 52.02 | $159.99 | |||||||
Mar-11 | 96 | $ 12,325.77 | $ 51.36 | $160.65 | |||||||
Apr-11 | 97 | $ 12,165.12 | $ 50.69 | $161.32 | |||||||
May-11 | 98 | $ 12,003.79 | $ 50.02 | $161.99 | |||||||
Jun-11 | 99 | $ 11,841.80 | $ 49.34 | $162.67 | |||||||
Extra Payment | $ 11,679.13 | $4,107.26 | |||||||||
Annual Total | $ 636.04 | ||||||||||
Year 9 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-11 | 100 | $ 7,571.86 | $ 31.55 | $180.46 | |||||||
Aug-11 | 101 | $ 7,391.40 | $ 30.80 | $181.21 | |||||||
Sep-11 | 102 | $ 7,210.19 | $ 30.04 | $181.97 | |||||||
Oct-11 | 103 | $ 7,028.21 | $ 29.28 | $182.73 | |||||||
Nov-11 | 104 | $ 6,845.48 | $ 28.52 | $183.49 | |||||||
Dec-11 | 105 | $ 6,661.98 | $ 27.76 | $184.25 | |||||||
Jan-12 | 106 | $ 6,477.73 | $ 26.99 | $185.02 | |||||||
Feb-12 | 107 | $ 6,292.71 | $ 26.22 | $185.79 | |||||||
Mar-12 | 108 | $ 6,106.91 | $ 25.45 | $186.56 | |||||||
Apr-12 | 109 | $ 5,920.35 | $ 24.67 | $187.34 | |||||||
May-12 | 110 | $ 5,733.01 | $ 23.89 | $188.12 | |||||||
Jun-12 | 111 | $ 5,544.88 | $ 23.10 | $188.91 | |||||||
Extra Payment | $ 5,355.97 | $4,008.85 | |||||||||
Annual Total | $ 328.27 | ||||||||||
Year 10 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-12 | 112 | $ 1,347.12 | $ 5.61 | $206.40 | |||||||
Aug-12 | 113 | $ 1,140.71 | $ 4.75 | $207.26 | |||||||
Sep-12 | 114 | $ 933.45 | $ 3.89 | $208.12 | |||||||
Oct-12 | 115 | $ 725.32 | $ 3.02 | $208.99 | |||||||
Nov-12 | 116 | $ 516.33 | $ 2.15 | $209.86 | |||||||
Dec-12 | 117 | $ 306.47 | $ 1.28 | $210.73 | |||||||
Jan-13 | 118 | $ 95.73 | $ 0.40 | Paid Off | |||||||
Feb-13 | 119 | ||||||||||
Mar-13 | 120 | ||||||||||
Apr-13 | 121 | ||||||||||
May-13 | 122 | ||||||||||
Jun-13 | 123 | ||||||||||
Extra Payment | |||||||||||
Annual Total | $ 21.10 | ||||||||||