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.

Welcome to Tilloo Pond Estate, a breathtaking oasis nestled on the stunning Tilloo Cay in Abaco, Bahamas. This remarkable
property boasts 6,000 square feet of luxury, featuring 5 bedrooms, 6 bathrooms, and is situated on a sprawling 14-acre sea-to-sea parcel, in fact touching three bodies of water being the tranquil Tilloo Pond, the Sea of Abaco, and the Atlantic Ocean.
The property is comprised of three villas connected by a covered breezeway: a Main Villa, a Master Suite Villa, and a Guest
Villa. Throughout there are two master suites, two guest rooms, a 4-twin bed loft, with 5.5 bathrooms, two living rooms, a
gourmet kitchen, plus caretaker quarters. No expense has been spared on the decor and furnishing of this beautiful home with
top of line fittings and finishings. Tilloo Pond is offered fully equipped and furnished including original artworks. The property
features a swimming pool, small private beach, as well as two private docks, one in the sheltered harbor, and one on the Sea of
Abaco.

The expansive covered verandas offer panoramic views of the mesmerizing turquoise Sea of Abaco, creating a serene and
tranquil atmosphere that is hard to match.

Every inch of this estate has been meticulously designed and crafted to provide the utmost comfort. The open and spacious
floor plan seamlessly blends indoor and outdoor living, allowing for a seamless flow and an abundance of natural light.
The spacious kitchen and center island are perfect for both entertaining and culinary creations. The living spaces are elegant
and inviting, with high ceilings, and large windows that frame the picturesque views.
The master suite is a private retreat, offering a sanctuary of relaxation and serenity. Wake up to the gentle sounds of the sea
and indulge in the beautiful vistas that greet you from every angle.

This extraordinary property offers endless possibilities, whether you envision it as a private residential sanctuary or a high-end
hotel and retreat. With its vast acreage and idyllic location, there is ample room for expansion and the addition of amenities to
suit your desires.

Tilloo Pond Estate is an unrivaled gem in the Abaco Islands, where luxury meets natural beauty.

It is nearby several islands that offer a variety of recreation, entertainment, restaurants, shopping, & sightseeing. If you are
seeking that secluded private island feeling, without being too far away, Tilloo Pond just may be a perfect fit. Don't miss this
rare opportunity to own a slice of paradise.

Contact us today to arrange a private viewing and discover the limitless potential of this extraordinary property.