This calculator will help you to determine the current balance of a loan when payments
that have been made have been different from those stipulated in the original loan
terms. This may be especially helpful if you have sold something on Contract for
Deed, but the borrower has not made the regular payments as stipulated by the loan
agreement.
Enter the original loan terms, the month and year of the loan origination and the
number of months that have past since that time. Then click the "Create Loan Balance
Calculator" button. This will open a screen with editable payment fields equal to
the number of months past.
Loan Balance Calculator