Single Solar Loan Calculator

Sample Monthly Loan Payment Calculator- Single Loan- Solar and Geothermal

The 15 introductory payments are calculated to be similar to interest-only payments on the full, original loan amount and are rounded up to the nearest $10, with a minimum payment of $50. After month 15, you’ll begin making monthly payments of interest + principal for the duration of the loan term.

View Single Solar Loan Overview Flyer (PDF)

Total Contract Price ($): Down Payment ($): Total Amount Financed ($): Interest Rate (%): Loan Term (years): Estimated Tax Credit (30% of Contract Price) ($): Tax Credit to Apply at Month 15 ($):

*Please note this calculator is for estimating and illustrative purposes only, and the results may not exactly match the approved loan and payment amounts.

Amortization Schedule

Month	Estimated Monthly Payment	Beginning Balance	Monthly Principal	Monthly Interest	Ending Balance