Amortization Table for a Loan

Loan Amount $ 700,000.00

Annual Intrest Rate 7%
Term (in Years) 5
Monthly Payment $ 13,860.84

Payment # Beginning Balance Payment Interest Principal

1 $ 700,000.00 $ 13,860.84 $ 4,083.33 $ 9,777.51
2 $ 690,222.49 $ 13,860.84 $ 4,026.30 $ 9,834.54
3 $ 680,387.95 $ 13,860.84 $ 3,968.93 $ 9,891.91
4 $ 670,496.04 $ 13,860.84 $ 3,911.23 $ 9,949.61
5 $ 660,546.43 $ 13,860.84 $ 3,853.19 $ 10,007.65
6 $ 650,538.78 $ 13,860.84 $ 3,794.81 $ 10,066.03
7 $ 640,472.75 $ 13,860.84 $ 3,736.09 $ 10,124.75
8 $ 630,348.00 $ 13,860.84 $ 3,677.03 $ 10,183.81
9 $ 620,164.19 $ 13,860.84 $ 3,617.62 $ 10,243.21
10 $ 609,920.98 $ 13,860.84 $ 3,557.87 $ 10,302.97
11 $ 599,618.01 $ 13,860.84 $ 3,497.77 $ 10,363.07
12 $ 589,254.95 $ 13,860.84 $ 3,437.32 $ 10,423.52
13 $ 578,831.43 $ 13,860.84 $ 3,376.52 $ 10,484.32
14 $ 568,347.11 $ 13,860.84 $ 3,315.36 $ 10,545.48
15 $ 557,801.62 $ 13,860.84 $ 3,253.84 $ 10,607.00
16 $ 547,194.63 $ 13,860.84 $ 3,191.97 $ 10,668.87
17 $ 536,525.76 $ 13,860.84 $ 3,129.73 $ 10,731.11
18 $ 525,794.65 $ 13,860.84 $ 3,067.14 $ 10,793.70
19 $ 515,000.95 $ 13,860.84 $ 3,004.17 $ 10,856.67
20 $ 504,144.28 $ 13,860.84 $ 2,940.84 $ 10,920.00
21 $ 493,224.28 $ 13,860.84 $ 2,877.14 $ 10,983.70
22 $ 482,240.59 $ 13,860.84 $ 2,813.07 $ 11,047.77
23 $ 471,192.82 $ 13,860.84 $ 2,748.62 $ 11,112.21
24 $ 460,080.60 $ 13,860.84 $ 2,683.80 $ 11,177.04
25 $ 448,903.57 $ 13,860.84 $ 2,618.60 $ 11,242.23
26 $ 437,661.33 $ 13,860.84 $ 2,553.02 $ 11,307.81
27 $ 426,353.52 $ 13,860.84 $ 2,487.06 $ 11,373.78
28 $ 414,979.74 $ 13,860.84 $ 2,420.72 $ 11,440.12
29 $ 403,539.62 $ 13,860.84 $ 2,353.98 $ 11,506.86
30 $ 392,032.76 $ 13,860.84 $ 2,286.86 $ 11,573.98
31 $ 380,458.78 $ 13,860.84 $ 2,219.34 $ 11,641.50
32 $ 368,817.28 $ 13,860.84 $ 2,151.43 $ 11,709.40
33 $ 357,107.88 $ 13,860.84 $ 2,083.13 $ 11,777.71
34 $ 345,330.17 $ 13,860.84 $ 2,014.43 $ 11,846.41
35 $ 333,483.76 $ 13,860.84 $ 1,945.32 $ 11,915.52
36 $ 321,568.24 $ 13,860.84 $ 1,875.81 $ 11,985.02
37 $ 309,583.21 $ 13,860.84 $ 1,805.90 $ 12,054.94
38 $ 297,528.28 $ 13,860.84 $ 1,735.58 $ 12,125.26
39 $ 285,403.02 $ 13,860.84 $ 1,664.85 $ 12,195.99
40 $ 273,207.03 $ 13,860.84 $ 1,593.71 $ 12,267.13
41 $ 260,939.90 $ 13,860.84 $ 1,522.15 $ 12,338.69
42 $ 248,601.21 $ 13,860.84 $ 1,450.17 $ 12,410.67
43 $ 236,190.55 $ 13,860.84 $ 1,377.78 $ 12,483.06
44 $ 223,707.49 $ 13,860.84 $ 1,304.96 $ 12,555.88
45 $ 211,151.61 $ 13,860.84 $ 1,231.72 $ 12,629.12
46 $ 198,522.49 $ 13,860.84 $ 1,158.05 $ 12,702.79
47 $ 185,819.69 $ 13,860.84 $ 1,083.95 $ 12,776.89
48 $ 173,042.80 $ 13,860.84 $ 1,009.42 $ 12,851.42
49 $ 160,191.38 $ 13,860.84 $ 934.45 $ 12,926.39
50 $ 147,264.99 $ 13,860.84 $ 859.05 $ 13,001.79
51 $ 134,263.20 $ 13,860.84 $ 783.20 $ 13,077.64
52 $ 121,185.56 $ 13,860.84 $ 706.92 $ 13,153.92
53 $ 108,031.64 $ 13,860.84 $ 630.18 $ 13,230.65
54 $ 94,800.98 $ 13,860.84 $ 553.01 $ 13,307.83
55 $ 81,493.15 $ 13,860.84 $ 475.38 $ 13,385.46
56 $ 68,107.69 $ 13,860.84 $ 397.29 $ 13,463.54
57 $ 54,644.14 $ 13,860.84 $ 318.76 $ 13,542.08
58 $ 41,102.06 $ 13,860.84 $ 239.76 $ 13,621.08
59 $ 27,480.99 $ 13,860.84 $ 160.31 $ 13,700.53
60 $ 13,780.45 $ 13,860.84 $ 80.39 $ 13,780.45
Check Work $ 4,163.72 $ 700,000.00
 Summary Calculations
# of Payments/Yr. 12
Total No. Periods 60
Monthly Rate 0.58%
Total Intrest Paid $ 131,650.34

Balance Check Work

$ 690,222.49 $ 13,860.84
$ 680,387.95 $ 13,860.84
$ 670,496.04 $ 13,860.84
$ 660,546.43 $ 13,860.84
$ 650,538.78 $ 13,860.84
$ 640,472.75 $ 13,860.84
$ 630,348.00 $ 13,860.84
$ 620,164.19 $ 13,860.84
$ 609,920.98 $ 13,860.84
$ 599,618.01 $ 13,860.84
$ 589,254.95 $ 13,860.84
$ 578,831.43 $ 13,860.84
$ 568,347.11 $ 13,860.84
$ 557,801.62 $ 13,860.84
$ 547,194.63 $ 13,860.84
$ 536,525.76 $ 13,860.84
$ 525,794.65 $ 13,860.84
$ 515,000.95 $ 13,860.84
$ 504,144.28 $ 13,860.84
$ 493,224.28 $ 13,860.84
$ 482,240.59 $ 13,860.84
$ 471,192.82 $ 13,860.84
$ 460,080.60 $ 13,860.84
$ 448,903.57 $ 13,860.84
$ 437,661.33 $ 13,860.84
$ 426,353.52 $ 13,860.84
$ 414,979.74 $ 13,860.84
$ 403,539.62 $ 13,860.84
$ 392,032.76 $ 13,860.84
$ 380,458.78 $ 13,860.84
$ 368,817.28 $ 13,860.84
$ 357,107.88 $ 13,860.84
$ 345,330.17 $ 13,860.84
$ 333,483.76 $ 13,860.84
$ 321,568.24 $ 13,860.84
$ 309,583.21 $ 13,860.84
$ 297,528.28 $ 13,860.84
$ 285,403.02 $ 13,860.84
$ 273,207.03 $ 13,860.84
$ 260,939.90 $ 13,860.84
$ 248,601.21 $ 13,860.84
$ 236,190.55 $ 13,860.84
$ 223,707.49 $ 13,860.84
$ 211,151.61 $ 13,860.84
$ 198,522.49 $ 13,860.84
$ 185,819.69 $ 13,860.84
$ 173,042.80 $ 13,860.84
$ 160,191.38 $ 13,860.84
$ 147,264.99 $ 13,860.84
$ 134,263.20 $ 13,860.84
$ 121,185.56 $ 13,860.84
$ 108,031.64 $ 13,860.84
$ 94,800.98 $ 13,860.84
$ 81,493.15 $ 13,860.84
$ 68,107.69 $ 13,860.84
$ 54,644.14 $ 13,860.84
$ 41,102.06 $ 13,860.84
$ 27,480.99 $ 13,860.84
$ 13,780.45 $ 13,860.84
$ 0.00 $ 13,860.84
 Sales Tax Table

Sales Amount Province of Sale Sales Tax Applicable Total Amount Due
$6,000.00 AB $720.00 $6,720.00
$7,000.00 BC $700.00 $7,700.00
$10,000.00 BC $1,000.00 $11,000.00
$67,000.00 BC $6,700.00 $73,700.00
$10,298.00 AB $1,235.76 $11,533.76