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Schedule of Adjusted* Payments

Schedule shows Payment No, Payment Date, Payment Amount, Payment Applied Principle, Running Total Principle, Monthly Payment Interest, Running Total Interest, and Current Balance.

At the bottom or end (last page if multiple pages) of each schedule you can search for the client and when found, the client information will display under CALCULATED FOR. Also, when printed, a signature line with an acknowledging statement and repayment agreement is provided.


Also, notice that the current balance after the 360th payment is $.00, total principal is $180,000.00 (the amount of the original loan), and that the amount of interest paid over the 30-year period is $187,927.20.

* Adjusted payments are monthly payment amounts that are adjusted so that all payments are the same amount - in contrast to fixed payments where all payments are the same amount until the last payment.


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