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Solar Loan Calculator
Solar Loan Calculator to quickly calculate the monthly payments for your solar loan. The solar loan calculator is useful for homeowners who want to estimate the monthly and total costs of installing solar panels with a solar loan.
Solar Loan & Payment |
|
Loan Amount: |
$25,000.00 |
Monthly Payment: |
$277.43 |
Total # Of Payments: |
120 |
Start Date: |
Jul, 2025 |
Payoff Date: |
Jun, 2035 |
Total Interest Paid: |
$8,291.09 |
Total Payment: |
$33,291.09 |
Solar Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jul, 2025 | 1 | $124.79 | $152.63 | $277.43 | $24,847.37 | |
| Aug, 2025 | 2 | $124.03 | $153.40 | $277.43 | $24,693.97 | |
| Sep, 2025 | 3 | $123.26 | $154.16 | $277.43 | $24,539.81 | |
| Oct, 2025 | 4 | $122.49 | $154.93 | $277.43 | $24,384.88 | |
| Nov, 2025 | 5 | $121.72 | $155.70 | $277.43 | $24,229.17 | |
| Dec, 2025 | 6 | $120.94 | $156.48 | $277.43 | $24,072.69 | |
| Jan, 2026 | 7 | $120.16 | $157.26 | $277.43 | $23,915.43 | |
| Feb, 2026 | 8 | $119.38 | $158.05 | $277.43 | $23,757.38 | |
| Mar, 2026 | 9 | $118.59 | $158.84 | $277.43 | $23,598.54 | |
| Apr, 2026 | 10 | $117.80 | $159.63 | $277.43 | $23,438.91 | |
| May, 2026 | 11 | $117.00 | $160.43 | $277.43 | $23,278.49 | |
| Jun, 2026 | 12 | $116.20 | $161.23 | $277.43 | $23,117.26 | |
| Jul, 2026 | 13 | $115.39 | $162.03 | $277.43 | $22,955.23 | |
| Aug, 2026 | 14 | $114.58 | $162.84 | $277.43 | $22,792.39 | |
| Sep, 2026 | 15 | $113.77 | $163.65 | $277.43 | $22,628.73 | |
| Oct, 2026 | 16 | $112.96 | $164.47 | $277.43 | $22,464.26 | |
| Nov, 2026 | 17 | $112.13 | $165.29 | $277.43 | $22,298.97 | |
| Dec, 2026 | 18 | $111.31 | $166.12 | $277.43 | $22,132.85 | |
| Jan, 2027 | 19 | $110.48 | $166.95 | $277.43 | $21,965.91 | |
| Feb, 2027 | 20 | $109.65 | $167.78 | $277.43 | $21,798.13 | |
| Mar, 2027 | 21 | $108.81 | $168.62 | $277.43 | $21,629.51 | |
| Apr, 2027 | 22 | $107.97 | $169.46 | $277.43 | $21,460.05 | |
| May, 2027 | 23 | $107.12 | $170.30 | $277.43 | $21,289.75 | |
| Jun, 2027 | 24 | $106.27 | $171.15 | $277.43 | $21,118.60 | |
| Jul, 2027 | 25 | $105.42 | $172.01 | $277.43 | $20,946.59 | |
| Aug, 2027 | 26 | $104.56 | $172.87 | $277.43 | $20,773.72 | |
| Sep, 2027 | 27 | $103.70 | $173.73 | $277.43 | $20,599.99 | |
| Oct, 2027 | 28 | $102.83 | $174.60 | $277.43 | $20,425.39 | |
| Nov, 2027 | 29 | $101.96 | $175.47 | $277.43 | $20,249.92 | |
| Dec, 2027 | 30 | $101.08 | $176.34 | $277.43 | $20,073.58 | |
| Jan, 2028 | 31 | $100.20 | $177.23 | $277.43 | $19,896.35 | |
| Feb, 2028 | 32 | $99.32 | $178.11 | $277.43 | $19,718.24 | |
| Mar, 2028 | 33 | $98.43 | $179.00 | $277.43 | $19,539.24 | |
| Apr, 2028 | 34 | $97.53 | $179.89 | $277.43 | $19,359.35 | |
| May, 2028 | 35 | $96.64 | $180.79 | $277.43 | $19,178.56 | |
| Jun, 2028 | 36 | $95.73 | $181.69 | $277.43 | $18,996.87 | |
| Jul, 2028 | 37 | $94.83 | $182.60 | $277.43 | $18,814.27 | |
| Aug, 2028 | 38 | $93.91 | $183.51 | $277.43 | $18,630.76 | |
| Sep, 2028 | 39 | $93.00 | $184.43 | $277.43 | $18,446.33 | |
| Oct, 2028 | 40 | $92.08 | $185.35 | $277.43 | $18,260.98 | |
| Nov, 2028 | 41 | $91.15 | $186.27 | $277.43 | $18,074.71 | |
| Dec, 2028 | 42 | $90.22 | $187.20 | $277.43 | $17,887.51 | |
| Jan, 2029 | 43 | $89.29 | $188.14 | $277.43 | $17,699.37 | |
| Feb, 2029 | 44 | $88.35 | $189.08 | $277.43 | $17,510.29 | |
| Mar, 2029 | 45 | $87.41 | $190.02 | $277.43 | $17,320.27 | |
| Apr, 2029 | 46 | $86.46 | $190.97 | $277.43 | $17,129.30 | |
| May, 2029 | 47 | $85.50 | $191.92 | $277.43 | $16,937.38 | |
| Jun, 2029 | 48 | $84.55 | $192.88 | $277.43 | $16,744.50 | |
| Jul, 2029 | 49 | $83.58 | $193.84 | $277.43 | $16,550.66 | |
| Aug, 2029 | 50 | $82.62 | $194.81 | $277.43 | $16,355.85 | |
| Sep, 2029 | 51 | $81.64 | $195.78 | $277.43 | $16,160.07 | |
| Oct, 2029 | 52 | $80.67 | $196.76 | $277.43 | $15,963.31 | |
| Nov, 2029 | 53 | $79.68 | $197.74 | $277.43 | $15,765.56 | |
| Dec, 2029 | 54 | $78.70 | $198.73 | $277.43 | $15,566.83 | |
| Jan, 2030 | 55 | $77.70 | $199.72 | $277.43 | $15,367.11 | |
| Feb, 2030 | 56 | $76.71 | $200.72 | $277.43 | $15,166.40 | |
| Mar, 2030 | 57 | $75.71 | $201.72 | $277.43 | $14,964.68 | |
| Apr, 2030 | 58 | $74.70 | $202.73 | $277.43 | $14,761.95 | |
| May, 2030 | 59 | $73.69 | $203.74 | $277.43 | $14,558.21 | |
| Jun, 2030 | 60 | $72.67 | $204.76 | $277.43 | $14,353.45 | |
| Jul, 2030 | 61 | $71.65 | $205.78 | $277.43 | $14,147.68 | |
| Aug, 2030 | 62 | $70.62 | $206.81 | $277.43 | $13,940.87 | |
| Sep, 2030 | 63 | $69.59 | $207.84 | $277.43 | $13,733.03 | |
| Oct, 2030 | 64 | $68.55 | $208.88 | $277.43 | $13,524.16 | |
| Nov, 2030 | 65 | $67.51 | $209.92 | $277.43 | $13,314.24 | |
| Dec, 2030 | 66 | $66.46 | $210.97 | $277.43 | $13,103.27 | |
| Jan, 2031 | 67 | $65.41 | $212.02 | $277.43 | $12,891.26 | |
| Feb, 2031 | 68 | $64.35 | $213.08 | $277.43 | $12,678.18 | |
| Mar, 2031 | 69 | $63.29 | $214.14 | $277.43 | $12,464.04 | |
| Apr, 2031 | 70 | $62.22 | $215.21 | $277.43 | $12,248.83 | |
| May, 2031 | 71 | $61.14 | $216.28 | $277.43 | $12,032.55 | |
| Jun, 2031 | 72 | $60.06 | $217.36 | $277.43 | $11,815.18 | |
| Jul, 2031 | 73 | $58.98 | $218.45 | $277.43 | $11,596.73 | |
| Aug, 2031 | 74 | $57.89 | $219.54 | $277.43 | $11,377.20 | |
| Sep, 2031 | 75 | $56.79 | $220.63 | $277.43 | $11,156.56 | |
| Oct, 2031 | 76 | $55.69 | $221.74 | $277.43 | $10,934.82 | |
| Nov, 2031 | 77 | $54.58 | $222.84 | $277.43 | $10,711.98 | |
| Dec, 2031 | 78 | $53.47 | $223.96 | $277.43 | $10,488.03 | |
| Jan, 2032 | 79 | $52.35 | $225.07 | $277.43 | $10,262.95 | |
| Feb, 2032 | 80 | $51.23 | $226.20 | $277.43 | $10,036.76 | |
| Mar, 2032 | 81 | $50.10 | $227.33 | $277.43 | $9,809.43 | |
| Apr, 2032 | 82 | $48.97 | $228.46 | $277.43 | $9,580.97 | |
| May, 2032 | 83 | $47.83 | $229.60 | $277.43 | $9,351.37 | |
| Jun, 2032 | 84 | $46.68 | $230.75 | $277.43 | $9,120.62 | |
| Jul, 2032 | 85 | $45.53 | $231.90 | $277.43 | $8,888.73 | |
| Aug, 2032 | 86 | $44.37 | $233.06 | $277.43 | $8,655.67 | |
| Sep, 2032 | 87 | $43.21 | $234.22 | $277.43 | $8,421.45 | |
| Oct, 2032 | 88 | $42.04 | $235.39 | $277.43 | $8,186.06 | |
| Nov, 2032 | 89 | $40.86 | $236.56 | $277.43 | $7,949.50 | |
| Dec, 2032 | 90 | $39.68 | $237.74 | $277.43 | $7,711.75 | |
| Jan, 2033 | 91 | $38.49 | $238.93 | $277.43 | $7,472.82 | |
| Feb, 2033 | 92 | $37.30 | $240.12 | $277.43 | $7,232.70 | |
| Mar, 2033 | 93 | $36.10 | $241.32 | $277.43 | $6,991.38 | |
| Apr, 2033 | 94 | $34.90 | $242.53 | $277.43 | $6,748.85 | |
| May, 2033 | 95 | $33.69 | $243.74 | $277.43 | $6,505.11 | |
| Jun, 2033 | 96 | $32.47 | $244.95 | $277.43 | $6,260.16 | |
| Jul, 2033 | 97 | $31.25 | $246.18 | $277.43 | $6,013.98 | |
| Aug, 2033 | 98 | $30.02 | $247.41 | $277.43 | $5,766.57 | |
| Sep, 2033 | 99 | $28.78 | $248.64 | $277.43 | $5,517.93 | |
| Oct, 2033 | 100 | $27.54 | $249.88 | $277.43 | $5,268.05 | |
| Nov, 2033 | 101 | $26.30 | $251.13 | $277.43 | $5,016.92 | |
| Dec, 2033 | 102 | $25.04 | $252.38 | $277.43 | $4,764.54 | |
| Jan, 2034 | 103 | $23.78 | $253.64 | $277.43 | $4,510.89 | |
| Feb, 2034 | 104 | $22.52 | $254.91 | $277.43 | $4,255.99 | |
| Mar, 2034 | 105 | $21.24 | $256.18 | $277.43 | $3,999.80 | |
| Apr, 2034 | 106 | $19.97 | $257.46 | $277.43 | $3,742.34 | |
| May, 2034 | 107 | $18.68 | $258.75 | $277.43 | $3,483.60 | |
| Jun, 2034 | 108 | $17.39 | $260.04 | $277.43 | $3,223.56 | |
| Jul, 2034 | 109 | $16.09 | $261.33 | $277.43 | $2,962.23 | |
| Aug, 2034 | 110 | $14.79 | $262.64 | $277.43 | $2,699.59 | |
| Sep, 2034 | 111 | $13.48 | $263.95 | $277.43 | $2,435.64 | |
| Oct, 2034 | 112 | $12.16 | $265.27 | $277.43 | $2,170.37 | |
| Nov, 2034 | 113 | $10.83 | $266.59 | $277.43 | $1,903.78 | |
| Dec, 2034 | 114 | $9.50 | $267.92 | $277.43 | $1,635.86 | |
| Jan, 2035 | 115 | $8.17 | $269.26 | $277.43 | $1,366.60 | |
| Feb, 2035 | 116 | $6.82 | $270.60 | $277.43 | $1,095.99 | |
| Mar, 2035 | 117 | $5.47 | $271.95 | $277.43 | $824.04 | |
| Apr, 2035 | 118 | $4.11 | $273.31 | $277.43 | $550.72 | |
| May, 2035 | 119 | $2.75 | $274.68 | $277.43 | $276.05 | |
| Jun, 2035 | 120 | $1.38 | $276.05 | $277.43 | $0.00 | |
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