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 | $3,889.38 | |||||||||
Annual Total | $ 1,498.59 | ||||||||||
Year 6 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-08 | 64 | $ 25,511.58 | $ 106.30 | $105.71 | |||||||
Aug-08 | 65 | $ 25,405.87 | $ 105.86 | $106.15 | |||||||
Sep-08 | 66 | $ 25,299.71 | $ 105.42 | $106.59 | |||||||
Oct-08 | 67 | $ 25,193.12 | $ 104.97 | $107.04 | |||||||
Nov-08 | 68 | $ 25,086.08 | $ 104.53 | $107.48 | |||||||
Dec-08 | 69 | $ 24,978.59 | $ 104.08 | $107.93 | |||||||
Jan-09 | 70 | $ 24,870.66 | $ 103.63 | $108.38 | |||||||
Feb-09 | 71 | $ 24,762.28 | $ 103.18 | $108.83 | |||||||
Mar-09 | 72 | $ 24,653.44 | $ 102.72 | $109.29 | |||||||
Apr-09 | 73 | $ 24,544.15 | $ 102.27 | $109.74 | |||||||
May-09 | 74 | $ 24,434.40 | $ 101.81 | $110.20 | |||||||
Jun-09 | 75 | $ 24,324.20 | $ 101.35 | $110.66 | |||||||
Extra Payment | $ 24,213.54 | $3,808.66 | |||||||||
Annual Total | $ 1,246.12 | ||||||||||
Year 7 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-09 | 76 | $ 20,404.88 | $ 85.02 | $126.99 | |||||||
Aug-09 | 77 | $ 20,277.89 | $ 84.49 | $127.52 | |||||||
Sep-09 | 78 | $ 20,150.36 | $ 83.96 | $128.05 | |||||||
Oct-09 | 79 | $ 20,022.31 | $ 83.43 | $128.58 | |||||||
Nov-09 | 80 | $ 19,893.72 | $ 82.89 | $129.12 | |||||||
Dec-09 | 81 | $ 19,764.60 | $ 82.35 | $129.66 | |||||||
Jan-10 | 82 | $ 19,634.94 | $ 81.81 | $130.20 | |||||||
Feb-10 | 83 | $ 19,504.73 | $ 81.27 | $130.74 | |||||||
Mar-10 | 84 | $ 19,373.99 | $ 80.72 | $131.29 | |||||||
Apr-10 | 85 | $ 19,242.69 | $ 80.18 | $131.83 | |||||||
May-10 | 86 | $ 19,110.86 | $ 79.63 | $132.38 | |||||||
Jun-10 | 87 | $ 18,978.48 | $ 79.08 | $132.93 | |||||||
Extra Payment | $ 18,845.54 | $3,725.11 | |||||||||
Annual Total | $ 984.83 | ||||||||||
Year 8 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-10 | 88 | $ 15,120.43 | $ 63.00 | $149.01 | |||||||
Aug-10 | 89 | $ 14,971.42 | $ 62.38 | $149.63 | |||||||
Sep-10 | 90 | $ 14,821.79 | $ 61.76 | $150.25 | |||||||
Oct-10 | 91 | $ 14,671.53 | $ 61.13 | $150.88 | |||||||
Nov-10 | 92 | $ 14,520.65 | $ 60.50 | $151.51 | |||||||
Dec-10 | 93 | $ 14,369.13 | $ 59.87 | $152.14 | |||||||
Jan-11 | 94 | $ 14,216.99 | $ 59.24 | $152.77 | |||||||
Feb-11 | 95 | $ 14,064.22 | $ 58.60 | $153.41 | |||||||
Mar-11 | 96 | $ 13,910.80 | $ 57.96 | $154.05 | |||||||
Apr-11 | 97 | $ 13,756.75 | $ 57.32 | $154.69 | |||||||
May-11 | 98 | $ 13,602.06 | $ 56.68 | $155.33 | |||||||
Jun-11 | 99 | $ 13,446.72 | $ 56.03 | $155.98 | |||||||
Extra Payment | $ 13,290.74 | $3,638.66 | |||||||||
Annual Total | $ 714.47 | ||||||||||
Year 9 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-11 | 100 | $ 9,652.08 | $ 40.22 | $171.79 | |||||||
Aug-11 | 101 | $ 9,480.28 | $ 39.50 | $172.51 | |||||||
Sep-11 | 102 | $ 9,307.77 | $ 38.78 | $173.23 | |||||||
Oct-11 | 103 | $ 9,134.54 | $ 38.06 | $173.95 | |||||||
Nov-11 | 104 | $ 8,960.58 | $ 37.34 | $174.67 | |||||||
Dec-11 | 105 | $ 8,785.91 | $ 36.61 | $175.40 | |||||||
Jan-12 | 106 | $ 8,610.50 | $ 35.88 | $176.13 | |||||||
Feb-12 | 107 | $ 8,434.37 | $ 35.14 | $176.87 | |||||||
Mar-12 | 108 | $ 8,257.50 | $ 34.41 | $177.60 | |||||||
Apr-12 | 109 | $ 8,079.89 | $ 33.67 | $178.34 | |||||||
May-12 | 110 | $ 7,901.55 | $ 32.92 | $179.09 | |||||||
Jun-12 | 111 | $ 7,722.45 | $ 32.18 | $179.83 | |||||||
Extra Payment | $ 7,542.62 | $3,549.21 | |||||||||
Annual Total | $ 434.71 | ||||||||||
Year 10 | Month | Mo. | Principal | Interest Pd | Principal Pd | ||||||
Jul-12 | 112 | $ 3,993.41 | $ 16.64 | $195.37 | |||||||
Aug-12 | 113 | $ 3,798.04 | $ 15.83 | $196.18 | |||||||
Sep-12 | 114 | $ 3,601.85 | $ 15.01 | $197.00 | |||||||
Oct-12 | 115 | $ 3,404.85 | $ 14.19 | $197.82 | |||||||
Nov-12 | 116 | $ 3,207.03 | $ 13.36 | $198.65 | |||||||
Dec-12 | 117 | $ 3,008.37 | $ 12.53 | $199.48 | |||||||
Jan-13 | 118 | $ 2,808.89 | $ 11.70 | $200.31 | |||||||
Feb-13 | 119 | $ 2,608.58 | $ 10.87 | $201.14 | |||||||
Mar-13 | 120 | $ 2,407.43 | $ 10.03 | $201.98 | |||||||
Apr-13 | 121 | $ 2,205.45 | $ 9.19 | $202.82 | |||||||
May-13 | 122 | $ 2,002.62 | $ 8.34 | $203.67 | |||||||
Jun-13 | 123 | $ 1,798.95 | $ 7.50 | $204.51 | |||||||
Extra Payment | $ 1,594.44 | $3,456.63 | Paid Off | ||||||||
Annual Total | $ 145.19 | ||||||||||