Remaining Balance Calculator to Calculate Loan Payoff Amount

Remaining Balance Calculator Sign

This calculator will calculate the number of payments made and the amount you still owe on a loan -- based on the month and year of your first monthly payment.

Plus, the calculator also includes an option for displaying and printing a schedule of payments made, which includes the principal and interest breakdown for each payment.

Please note that this calculator is designed to handle loans with fixed monthly payments that are paid on time and without having skipped any payments. If you have skipped any payments or made payments in varying amounts, please use the Lender Loan Balance Calculator.

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Remaining Balance Calculator

Calculate remaining loan balance along with a schedule of principal and interest paid.

Special Instructions

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Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Orig amt:Original amount:Original amount borrowed:Original principal amount borrowed:

Original principal amount borrowed:

Enter the dollar amount of the original loan (without the dollar sign and commas), otherwise referred to as the Principal.

Rate:Interest rate:Annual interest rate:Annual interest rate:

Annual interest rate of the loan:

Enter the annual interest rate you are paying on the loan balance. Enter as a percentage without the percent sign (for .06, or 6%, enter 6).

Payment:Payment amount:Monthly payment amount:Monthly payment amount:

Monthly principal and interest payment amount:

Enter the monthly principal and interest payment (without dollar sign and commas). If this is a home loan, be sure to exclude the insurance and tax portions of the monthly payment.

Start mo/yr:Start month/year:Start month and year:Schedule start month and year:

Month and year of first payment:

Select the month and enter the 4-digit year you made the first payment. The remaining balance calculator will use the month and year to calculate the total number of payments made to date, and to create a schedule of payments made should you choose to have one included in the results.

Made pmt?Made payment?Made this month's payment?Did you make this month's payment?

Did you make this month's payment?

If you have made the payment for the current month, select Yes, otherwise select No. Selecting Yes will increment the number of payments made by 1.

Schedule?Incl schedule?Include schedule of pmts made?Include schedule of payments made?

Include schedule of payments made?

If you would like the results to include a schedule of payments made, slide the button to the "Yes" position.

Pmts made:Payments made:Payments made to date:Number of payments made to date:

Number of payments made to date:

This is the total number of months that have passed since the first payment was made (plus 1 for current month if so indicated).

Total paid:Total P&I paid:Total P&I paid to date:Total principal and interest paid to date:

Total principal and interest paid to date:

This is the total of all monthly principal and interest payments made to date. This is equal to the monthly payment amount times the number of payments made to date.

Int paid:Interest paid:Interest paid to date:Total interest paid to date:

Total interest paid to date:

This is the total loan interest you have paid to date.

Prin paid:Principal paid:Principal paid to date:Total principal paid to date:

Total principal paid to date:

This is the total principal you have repaid to date.

Payoff amt:Payoff amount:Estimated remaining balance:Estimated remaining balance (payoff amount):

Estimated remaining balance (current payoff amount):

This is the estimated remaining balance owed on your loan. Note that this may not match the actual remaining balance if payments were not made on their due date.

If you would like to save the current entries to the secure online database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Help and Tools

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.