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County Line Realty
532 E. Main Street
Bullard, TX 75757

Phone: (903)894-8141
Fax: (903) 894-8269
GRI stands for Graduate REALTORS® Institute. The GRI designation acknowledges REALTORS® who have completed a comprehensive education program that provides practical real estate training. This program is above and beyond the education required to earn a real estate license.An arrangement by which real estate brokers place their listings together so that all members of the multiple-listing service have an opportunity to sell properties listed by other members of the service.A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION of REALTORS® (USA) or the Canadian Real Estate Association (Canada). The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics.Hold mouse over logo for description.

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Mortgage Calculator     
Calculators Provided by: IMAGEPROWEBSITE.COM

Mortgage Principal Calculator

Input Information
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Years)
Months Already Paid
Months Paid : (Months)

Financial Analysis (Switch to Plain English)
Total Interests Paid : $41,599.38
Principal Applied : $25,757.32
Balance : $224,242.68
Plain English Help (Switch to Financial Analysis)

Determining your mortgage loan principal - money you still owe to the bank for your house, can be very beneficial, particularly if you are looking to pay your mortgage off ahead of time. In order to figure out your remaining balance, you only need to know the loan amount, the interest rate on your loan, the length of your loan, and how many months you have already paid. Together, all of these factors will help you figure out the amount of principal you still owe.

As an example, pretend your total loan was for $250,000.00 with a 3.500% interest rate. The original loan was for 30 years, but you have already paid on the loan for 60 months. After paying on your loan for 60 months, you will have paid $41,599.38 in interest and only $25,757.32 toward the principal. If you subtract the $25,757.32 you have paid toward the principal from the original loan amount, this leaves you with $224,242.68 in principal left to be paid.

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.