Property owner guide

Sample Solar City Amortization Schedule of Payments

Installment Due Date Month Year Min. principal payment Interest Payment Balance
1 29 January 2018 $1,500.00 $1,500.00 $13,500.00
2 29 January 2019 $1,500.00 $641.25 $2,141.25 $12,000.00
3 29 January 2020 $1,500.00 $570.00 $2,070.00 $10,500.00
4 29 January 2021 $1,500.00 $498.75 $1,998.75 $9,000.00
5 29 January 2022 $1,500.00 $427.50 $1,927.50 $7,500.00
6 29 January 2023 $1,500.00 $356.25 $1,856.25 $6,000.00
7 29 January 2024 $1,500.00 $285.00 $1,785.00 $4,500.00
8 29 January 2025 $1,500.00 $213.75 $1,713.75 $3,000.00
9 29 January 2026 $1,500.00 $142.50 $1,642.50 $1,500.00
10 29 January 2027 $1,500.00 $71.25 $1,571.25 $0.00
Principal $15,000.00 Interest $3,206.25