Loan Balance Calculator
Enter the original loan, rate, term and years paid to find your remaining balance.
- Free
- No sign-up
Enter the loan details to see the remaining balance.
Worked example
With these example inputs:
- Original loan amount$200,000
- Interest rate6%
- Loan term30 yr
- Years paid5 yr
Remaining balance: $186,109
- Monthly payment$1,199
- Principal paid off$13,891
Frequently asked questions
How is the remaining balance found?
The payment is set to clear the loan over its full term, then the balance after the years paid is the value of the remaining payments. A $200,000 loan at 6% over 30 years still owes about $186,109 after 5 years.
Why does the balance fall so slowly at first?
Early payments are mostly interest, so little goes to principal. As the balance shrinks, more of each payment chips away at what you owe.