THIS WILL CALCULATE: Your remaining balance or balloon payment on an amortized loan.

EXAMPLE: You borrow $80,000 and agree to pay it back in equal monthly payments over 30 years at 8% interest, what is the balance of the loan at the end of year 5?

Please note:  The result is a negative number because it is a cash outlay. 

See how to calculate this example on a:

HP12C or HP10B

Go to Loan Amortization Schedule