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07-19-21-WS
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07-19-21-WS
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Last modified
7/15/2021 2:40:53 PM
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7/15/2021 2:37:19 PM
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Amortization Schedules Option 1 –Full Depth ReclamationPrincipal: $6,560.00Interest Rate: 3.15%Payment Interval: AnnuallyNumber of Payments: 10Schedule of PaymentsPlease allow for slight rounding differences.*Payment 1 includes 21 months of interest.Pmt # Date Principal Interest Payment Balance2022 $ 6,560.00 1 2023 $ 656.00 $ 361.62* $ 1,017.62 $ 5,904.00 2 2024 $ 656.00 $ 185.98 $ 841.98 $ 5,248.00 3 2025 $ 656.00 $ 165.31 $ 821.31 $ 4,592.00 4 2026 $ 656.00 $ 144.65 $ 800.65 $ 3,936.00 5 2027 $ 656.00 $ 123.98 $ 779.98 $ 3,280.00 6 2028 $ 656.00 $ 103.32 $ 759.32 $ 2,624.00 7 2029 $ 656.00 $ 82.66 $ 738.66 $ 1,968.00 8 2030 $ 656.00 $ 61.99 $ 717.99 $ 1,312.00 9 2031 $ 656.00 $ 41.33 $ 697.33 $ 656.00 10 2032 $ 656.00 $ 20.66 $ 676.66 $ -Grand Total$ 6,560.00 $ 1,291.50 $ 7,851.50 $ -Option 2 –Mill and OverlayPrincipal: $4,425.00Interest Rate: 3.15%Payment Interval: AnnuallyNumber of Payments: 5Schedule of PaymentsPlease allow for slight rounding differences. *Payment 1 includes 21 months of interest.Pmt # Date Principal Interest Payment Balance2022 $ 4,425.00 12023 $ 885.00 $ 243.93* $ 1,128.93 $ 3,540.00 22024 $ 885.00 $ 111.51 $ 996.51 $ 2,655.00 32025 $ 885.00 $ 83.63 $ 968.63 $ 1,770.00 42026 $ 885.00 $ 55.76 $ 940.76 $ 885.00 52027 $ 885.00 $ 27.88 $ 912.88 $ -Grand Total$ 4,425.00 $ 522.70 $ 4,947.70 $ -
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