Loan Amortization Calculator

An amortization schedule reveals the specific dollar amount put towards interest, as well as the specific put towards the Principal balance, with each payment. Initially, a large portion of each payment is devoted to interest. As the loan matures, larger portions go towards paying down the principal. The first payment is assumed to take place one full payment period [one month] after the loan was taken out, not on the first day of the loan. The last payment completely pays off the remainder of the loan, often the last payment will be a slightly different amount than all earlier payments. In addition to breaking down each payment into interest and principal portions, the amortization schedule also reveals interest-paid-to-date, principal-paid-to-date, and the remaining principal balance on each payment date.

There are a few crucial points worth noting when obtaining a mortgage for a home with an amortized loan. First, there is substantial allocation of the monthly payments toward the interest, especially during the first years of the mortgage. You will notice that the first payment allocates about 90% of the total payment towards interest and only about 10% toward the principal balance. Not until much later payments into the loan does the payment allocation towards principal and interest even out and subsequently tip the majority of the monthly payment toward Principal balance pay down.

Tucked away on quiet Port of Call Villa Drive awaits a true island treasure. Featuring what are undeniably the best views on the island, this fantastic 3-Bedroom, 3.5 bath ccean-front luxury condominium is just what you've been dreaming about.

The apartment boast 10-ft ceilings; 8-ft quality doors, with elegant crown moldings, tray ceilings with cove lighting in the kitchen, living room, and bedrooms. Condo futures very large walking closets and specious bedrooms!
The large custom made kitchens will all be equipped with quality stainless steel appliances open to dining and living room. This together with large balconies and a breathtaking view of the crystal clear Atlantic Ocean gives these condominiums a style all of its own.

The new 12 condominium unit are all built on pilings and elevated from ground .
Building has his own generator and was just renovated outside.

Buildings are in excellent condition with an excellent and active association which has resulted in low fees and a large reserve.

Port of Call Villas is a small gated community on the ocean with direct access to an incredible sandy white beach. Residents enjoy fabulous sunsets, clear and shallow caribbean waters, excellent snorkeling, and fishing just out your back door.