Current Balance
$186,133
↓ $5,867 paid down since origination
Monthly Payment
$1,149.90
$533.33 principal + $616.57 fee
Equity Built
$5,867
vs $2,362 on a conventional loan
Loan Progress
3.1%
Month 11 of 360
Loan Details
Loan NumberEB-0000000001
Property Address412 Oak St, Des Moines, IA 50314
Origination DateJanuary 5, 2026
Original Loan Amount$192,000
Financing Rate5.99% (flat fee)
Loan Term30 years (360 months)
Maturity DateJanuary 1, 2056
Payment Breakdown
Principal (straight-line)
$533.33
Flat financing charge
$616.57
Total monthly payment
$1,149.90
Every payment: $533.33 builds equity — every single month, the same amount.
Your Equity Advantage — EquityBoost vs Conventional
Payment Amount
Payment Method
Bank Account (ACH)
Checking ····4291
Debit Card
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Payment Information
📅 Due date: 1st of each month
⏱ Grace period: 15 days (no late fee)
⚡ Processing: 1–3 business days (ACH)
📧 Confirmation: Email receipt sent immediately
✓ Extra payments: Any amount above $1,149.90 applies directly to your principal balance — reducing it immediately.
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You are current on your loan. All 11 payments made on time. Keep it up — your equity is building every month.
Payment History
| Date | Amount | Principal | Financing Fee | Balance After | Status |
|---|
Your Equity Today
$5,867
(Down payment + principal paid)
Equity if Conventional
$2,362
At same rate, same payments
Your Advantage
+$3,505
Extra equity in your pocket
At Year 10
+$32,634
Projected equity advantage
Equity Built Over Time — EquityBoost vs Conventional
Same home · same rate · same payment
EquityBoost (you)
Conventional mortgage
Projected Equity Milestones
Payoff Amount — Good Through
April 30, 2026
$186,133
Remaining principal balance · no prepayment penalty
Current principal balance$186,133
Accrued fees (this month, prorated)$0
Prepayment penaltyNone ✓
Total payoff amount$186,133
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Balance Schedule
| Date | Balance | Equity Built |
|---|
Loan Documents
| Document | Date | Type | |
|---|---|---|---|
| Loan Agreement | Jan 5, 2026 | Closing Doc | |
| Closing Disclosure (CD) | Jan 3, 2026 | TILA | |
| Loan Estimate | Dec 28, 2025 | Pre-Closing | |
| Annual Tax Statement 2025 | Jan 31, 2026 | Tax | |
| 1098 Mortgage Interest Statement | Jan 31, 2026 | Tax |