Existing Loan Calculator
Use this calculator to analyze one of your existing loans. Calculate your remaining balance based on the number of monthly payments you have remaining. You can then click on the "View Report" button for a complete, payment by payment, amortization schedule of your loan.
Definitions
- Starting balance
- Your original balance when you received this loan.
- Payment
- Your monthly payment for this loan.
- Term
- Total number of months for this loan.
- Interest rate
- The interest rate you pay on this loan. This value is calculated based on your monthly payment, loan balance and term.
- Months left
- Total number of months left to pay on this loan.
- Current balance
- Your current outstanding balance for this loan. This value is calculated based on the number of months you have remaining to pay.
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These interactive calculators are not intended to provide or replace specific professional financial advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical, are for illustrative purposes only, and may differ from more in depth analysis results. They do not represent the past performance of any specific product, nor should they be viewed as a promise of future results of any product offered by Thrivent Financial Bank or its affiliates. We encourage you to seek personalized analysis regarding all personal finance issues.
